Feds’ financial incentives left nursing homes vulnerable to outbreaks: analysis
By
Amy Novotney
Dec 01, 2020
The nursing home business has long relied on federal support, mostly though the Medicare and Medicaid systems, but an analysis published Friday in the Washington Post explores how this reliance left many...
Skilled nursing occupancy hits new low of 73.8%: NIC
By
Amy Novotney
Nov 05, 2020
The trend of declining occupancy rates for skilled nursing continued in August as a result of the ongoing effects of COVID-19. Operators saw occupancy rates fall another 81 basis points from July to August,...
SNF staffing plunged nearly 40% at some facilities near the beginning of pandemic: WSJ analysis
By
Amy Novotney
Nov 03, 2020
The number of caregivers reporting for work at dozens of nursing homes dropped significantly on some of the deadliest days of the pandemic. That’s according to a Wall Street analysis published Sunday...
Need for care not going away, but where best to provide it under scrutiny: M&A expert
By
Amy Novotney
Oct 07, 2020
As the long-term care industry continues to examine its future, many are banking on an ongoing division between home and communal-based care. It’s a divide that’s already beginning to play out in the...
Morningstar gives ‘negative outlook’ rating to skilled care
By
Amy Novotney
Aug 28, 2020
A leading credit rating company has downgraded its outlook for the skilled care sector, citing legal woes tied to the pandemic.
CMS releases guidance for SNFs on increasing Medicaid reimbursement rates amid pandemic
By
Amy Novotney
Aug 26, 2020
The Centers for Medicare & Medicaid Services released a Medicaid informational bulletin Monday providing guidance to states on how they can help increase Medicaid reimbursement for skilled nursing facilities...
Most nursing homes losing money: AHCA survey
By
Amy Novotney
Aug 14, 2020
COVID-19 had led to increased costs and financial hardship among nursing homes across the nation, according to a survey of 463 nursing home operators conducted earlier this week by the American Health...
SNF occupancy rates dropped to nearly 75% in May: NIC
By
Amy Novotney
Aug 03, 2020
Skilled care occupancy rates continued to fall in May, thanks largely to the COVID-19 pandemic. That’s according to monthly data released Thursday from the National Investment Center for Seniors Housing...
Supply of post-acute care facilities continued decline last year: MedPAC report
By
Amy Novotney
Jul 21, 2020
The nation’s supply of inpatient rehabilitation facilities, long-term care hospitals and skilled nursing facilities continued to decline in 2019, contracting by 1.5%, 3.9% and 0.8%, respectively. That’s...
During a pandemic that has hampered nursing homes’ most profitable business — post-surgery rehab — some facilities have been admitting COVID-19 patients to ease the burden on overwhelmed hospitals,...