DOL will soon announce new workplace rules in light of COVID
By
Amy Novotney
Apr 28, 2021
After weeks of delay, the Labor Department has sent a draft of emergency workplace safety rules aimed at preventing the spread of COVID-19 to the Office of Management and Budget. The standards had been...
Pay attention to shifting consumer demands, economics when it comes to CCRC contracts: speakers
By
Amy Novotney
Apr 23, 2021
Later this year, almost two dozen current rental residents of a Milwaukee nonprofit continuing care retirement community will be on the hunt for a new home as the campus undergoes renovations to its facilities....
Personalized videos can help operators convert leads into move-ins, drive revenue, increase NOI
By
Amy Novotney
Apr 19, 2021
Taking the time to send a one-minute video to a prospective customer can mean the difference between making a sale and losing someone to a competitor, said speakers Thursday on a webinar hosted by OneDay.
House Financial Services Committee considers draft bill that would provide $2.5 billion to support housing...
By
Amy Novotney
Apr 16, 2021
The House Financial Services Committee considered a draft bill Wednesday that would provide $2.5 billion for the Section 202 Supportive Housing for the Elderly program. The funding also would be able to...
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...
California lawmaker working to garner support for additional funding of Section 202 Housing for the Elderly...
By
Amy Novotney
Apr 12, 2021
Last week, Rep. Maxine Waters (D-CA), chairwoman of the U.S. House Committee on Financial Services, began circulating a sign-on letter to her House colleagues in support of strong rental assistance funding...
The future of nursing homes lies in a community hub model: expert
By
Amy Novotney
Apr 09, 2021
To remain financially viable in a post-COVID world, nursing homes need to think more broadly and consider ways that they can serve as a hub for other aging services. That’s the message presented to the...
Public-private collaboration key to securing long-term care financing for middle-income Americans
By
Amy Novotney
Apr 09, 2021
Recent studies have found that more than half of middle-income seniors will not be able to afford the care they need, and 15% of baby boomers will incur more than $250,000 in long-term care costs. If anything,...
New York nursing homes must use at least 70% of revenue for direct care under new budget
By
Amy Novotney
Apr 08, 2021
For-profit New York nursing homes will have to spend more of their revenue on staffing and keep less in profits under a provision in the state budget approved Tuesday. Agreement on the $212 billion state...