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...
Fed ramps up bond program; House passes coronavirus relief bill
By
Amy Novotney
Mar 16, 2020
The U.S. Federal Reserve launched an accelerated wave of $37 billion of Treasury security purchases on Friday under the updated market liquidity measures it announced on Thursday to address volatile conditions...
$672 million would be cost of one-time COVID-19 testing for all assisted living and nursing home residents,...
By
Kimberly Bonvissuto
May 28, 2020
Testing every U.S. assisted living community and nursing home resident and staff member for COVID-19 one time would cost $672 million, according to data released Wednesday by the American Health Care Association...
‘Esther’s Law’ a step closer to allowing cameras into Ohio long-term care residents’ rooms
By
Kathleen Steele Gaivin
Sep 27, 2021
A bipartisan bill that would enable long-term care residents and their families to install remote monitoring equipment in their rooms had a hearing in the Ohio House of Representatives’ Families, Aging...
Regional Health Properties ends quarter with ‘healthy cash balance’
By
Kathleen Steele Gaivin
Nov 17, 2021
Regional Health Properties ended the third quarter “with a healthy cash balance” and collected 97.4% of the cash rent it was owed contractually for the quarter, the company said Monday.
Diversicare anticipates continued COVID-19 costs for 2021 but reports $1M in savings from Reliant deal
By
Amy Novotney
Mar 15, 2021
The COVID-19 pandemic led to an additional $32 million in healthcare-related expenses last year for Diversicare, and the Brentwood, TN-based skilled nursing operator expects 2021 will be another year of...
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...
Nursing shortage reaches crisis level as staff exit the profession, survey says
By
Kathleen Steele Gaivin
May 13, 2022
The shortage of nurses has reached the level of a national crisis, according to report authors reflecting on the 2022 Nurse Salary Research Report by nurse.com
$25 million in COVID-19 payments will support 211 long-term care organizations
By
Lois A. Bowers
Aug 08, 2022
One-time payments totaling $25 million will be issued to 211 long-term care organizations in Maine to help them recover from the pandemic, Gov. Janet Mills (D) announced Thursday.
Catholic senior care provider expands footprint in Maine
By
Kathleen Steele Gaivin
Jan 06, 2022
At a time when some long-term care facilities in Maine have felt it necessary to shutter their doors due to staffing challenges and effects of the pandemic, one provider has decided to expand its presence...