Financial incentives might tempt facilities to admit infected residents: LA Times
By
Amy Novotney
May 05, 2020
In an industry devastated by the coronavirus, some patient advocates and industry experts fear nursing home operators may seek to take advantage of the premium pay offered for admitting COVID-19-positive...
AHCA/NCAL: CMS Accelerated Payment program providing quick support
By
Amy Novotney
Apr 16, 2020
The surest bet for quick financial help for long-term care operators right now appears to be through the Centers for Medicare & Medicaid Services’ Accelerated Payment Program, Consolidated Billing Services...
Up to 70% of SNFs may be in a negative cash position by mid-May
By
Amy Novotney
Apr 13, 2020
COVID‐19 is disrupting referral patterns to skilled nursing facilities, resulting in a significant revenue shortfall and cash burn that the fragile skilled nursing ecosystem may not be able to endure,...
Moody’s describes turmoil many operators are experiencing
By
Amy Novotney
May 18, 2020
The combination of higher costs to protect residents and an inability to generate incremental revenue through new admissions due to the coronavirus pandemic is placing many senior living communities and...