Year-over-year rate increases in long-term care ranged from 1% to 10% across setting types, according to the results of Genworth’s Cost of Care Survey 2023, published Tuesday.
SNF staffing shifts after REIT acquisition, study shows
By
Kathleen Steele Gaivin
Mar 21, 2023
Steady increases in licensed practical nurse and certified nursing assistant hours per resident day in skilled nursing after REIT acquisition could mean that there is some kind of “substitution effect”...
Bill would cap nursing home annual rent increases at 4 percent
By
Kathleen Steele Gaivin
Sep 23, 2022
Nursing home business owners and operators who lease their buildings would have their annual rent increases capped at 4% under a bill before the New Jersey General Assembly.
Nursing home sales, closures, halts to admissions come as staffing shortages continue
By
Kathleen Steele Gaivin
Sep 12, 2022
As staffing shortages continue to plague nursing homes, sales, closures and admissions stoppages are becoming more frequent, according to respondents to a survey by the Long-Term Care Imperative, a collaboration...
FFS admissions grow 5.8% for skilled nursing, drop 8.6% for home health: report
By
Kathleen Steele Gaivin
May 10, 2023
Medicare fee-for-service admissions increased among skilled nursing facilities by 5.8% and decreased among home health providers year-over-year in the third quarter of 2022, according to a report released...
CCRC internship program helps train next generation of LPNs
By
Kathleen Steele Gaivin
Apr 11, 2023
Not-for-profit continuing care retirement / life plan community Jefferson’s Ferry in South Setauket, NY, has restarted an internship program with Suffolk County Community College through which students...
55 percent of surveyed SNFs operating in the red, limiting admissions: AHCA
By
Kathleen Steele Gaivin
Jan 11, 2023
Fifty-five percent of skilled nursing providers responding to a recent survey by the American Health Care Association say that they are operating in the red, and 48% of respondents said that they would...
Healthcare REIT ratings expected to hold despite staffing mandate, Fitch says
By
Kathleen Steele Gaivin
Sep 22, 2023
Real estate investment trusts that own skilled nursing facilities are not likely to see their ratings affected by a minimum staffing rule that will affect most nursing homes across the country within the...
REITs focused on long-term care are ‘unsung heroes’ of investing, asset manager says
By
Kathleen Steele Gaivin
Sep 29, 2023
Real estate investment trusts with portfolios heavy in skilled nursing and senior living assets are being called the “unsung heroes” among investments by the author of one online post.
Nursing homes struggle with tighter reimbursement environment, expert says
By
Kathleen Steele Gaivin
Mar 20, 2024
Nursing home funding challenges, capital and private equity firms were among the subjects of a webinar Tuesday sponsored by the Long Term Care Community Coalition.