Although some of short-term pandemic-related costs faced by skilled nursing facilities will likely fade over time, the industry’s current overall model may be financially unsustainable without broad...
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...
Minimum staffing levels would cost nursing homes $10 billion a year: report
By
Kathleen Steele Gaivin
Jul 20, 2022
The federal government’s proposed minimum staffing requirements for nursing homes could cost the industry $10 billion a year because tens of thousands of additional caregivers would need to be hired,...
Alabama, Michigan, Florida lead nation in Medicare Advantage enrollment rates
By
Kathleen Steele Gaivin
Jun 16, 2022
Medicare Advantage enrollment rates now top more than 50% of Medicare enrollees in 123 congressional districts, according to new Centers for Medicare and Medicaid Services data analyzed by the Better Medicare...
Longevity-Humana partnership announces joint venture with 27 Touchstone communities in Texas
By
James M. Berklan
Oct 16, 2023
Longevity Health Plan and Humana Inc. have announced that their managed care partnership has picked up speed with a new caregiving collaboration with Touchstone Communities. They have formed an Independent...
Business briefs for Monday, April 13
Apr 13, 2020
CMS proposes 2.3% Medicare increase for 2021 … Welltower and HCR ManorCare founder Fritz Wolfe dies … NIC MAP: Senior living occupancy falls slightly in first quarter … BMO Harris provides $12.3M...
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...
Medicare revenue per patient day decline plateaued mid-summer: NIC MAP Vision
By
Kathleen Steele Gaivin
Oct 07, 2021
After a steady decline since January, Medicare revenue per patient day held steady month over month from June through the end of July, at $560, according to market trends data NIC MAP Vision published...
Some Medicare Advantage organizations are denying or delaying services to beneficiaries covered under Medicare rules, according to a report issued Thursday by the Department of Health and Human Services...
SNF occupancy declines slightly after 4 months of increases: NIC
By
Kathleen Steele Gaivin
Sep 07, 2022
After four months of increases, skilled nursing occupancy declined slightly in June, according to the latest Skilled Nursing Monthly Report from the National Investment Center for Seniors Housing & Care.