Proposed law would enable some older workers to stay in jobs longer
By
Kathleen Steele Gaivin
May 12, 2021
Older Medicaid beneficiaries who are working and have disabilities no longer would need to retire at 65 to continue receiving benefits, under proposed legislation. The Supporting And Empowering the Nation...
Business briefs for Monday, May 10
By
Amy Novotney
May 10, 2021
More than half of Americans oppose requiring proof of vaccination to go to work: survey … Long-term care behavioral health provider Vanguard Eldercare rebrands as GuideStar Eldercare; prepares to expand...
Business briefs for Wednesday, May 5
By
Amy Novotney
May 05, 2021
Occupancy recovery key to avoiding industry-level cash flow issues, Omega execs say … Technology service firm Enseo expands into senior living … Officials pledge reimbursement boost, wage increases...
Lawmakers should force private equity firms out of nursing homes, advises one think tank
By
James M. Berklan
May 04, 2021
A “worrisome trend” of private equity investment in nursing homes should be scrutinized and halted altogether within five years, asserts a left-leaning think tank in an issue brief released Friday.
Two major tenants failed to pay rents in the first quarter as a result of ongoing challenges related to the COVID-19 pandemic, leading some to remain concerned about the operating metrics of Westlake Village,...
Sagepoint Senior Living cleared of $440,000 in infection control citations from beginning of COVID-19...
By
Amy Novotney
Apr 29, 2021
One year after an inspection by the Office of Healthcare Quality, an independent administrative law judge has overturned all violations found against Maryland assisted living and skilled nursing operator...
Bill proposing state approval before nursing home acquisition fails, but threat still looms
By
Amy Novotney
Apr 20, 2021
California lawmakers say they’ll take no action this year on a bill that would require nursing home owners and operators to get state approval before they acquire, operate or manage a nursing home. But...
Industry must capitalize on ‘historic moment’ of change for skilled nursing: expert
By
Amy Novotney
Apr 14, 2021
The COVID-19 pandemic has exposed the country’s long-term care system, particularly in skilled nursing facilities, as “deeply flawed, chronically underfunded and in need of reform,” according to...
FY 2022 SNF reimbursement proposal could weaken rent coverage for skilled nursing REITS: Mizuho
By
Amy Novotney
Apr 14, 2021
Last week, the Center for Medicare & Medicaid Services released its 2022 fiscal year reimbursement proposal for skilled nursing facilities that includes a 1.3% boost to Medicare payments. The overall $444...
Facility expansion plans highlight industry conflicts possible around country
By
Amy Novotney
Apr 12, 2021
While one Largo, FL, assisted living community looks to expand its available bed count, nearby competitors are sharing concerns that the move will put even more strain on an industry still reeling from...