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...
Flipping mindset to focus on the future will help CCRCs thrive post-pandemic: speakers
By
Amy Novotney
Nov 19, 2020
One of the biggest outcomes of the pandemic on the life plan / continuing care retirement community sector has been giant leaps made in recognizing the importance of connectivity within the lives of older...
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...
Ensign Group announces increased revenues; plans to return $23M in relief funds
By
Amy Novotney
Oct 30, 2020
San Juan Capistrano, CA-based Ensign Group announced an adjusted net income of $43.7 million in the third quarter of 2020, a 94.5% year-over-year gain, according to the firm’s earnings release Wednesday....
Business briefs for Monday, Oct. 26
Oct 26, 2020
HHS broadens definition of lost revenue for Provider Relief Fund to allow more aid to operators … Provider groups request extension of moratorium on the 2% Medicare sequester cuts … Ziegler closes...
Industry leaders plead for fiscal relief
By
Amy Novotney
Oct 15, 2020
Citing a worsening pandemic, the American Health Care Association / National Center for Assisted Living warned again Wednesday that widespread financial challenges loom over many long-term care facilities.
CMS evaluating outcomes-based reimbursement strategies for COVID-19 tests
By
Amy Novotney
Sep 17, 2020
The Centers for Medicare & Medicaid Services is investigating a new outcomes-based reimbursement strategy for COVID-19 tests, according to an InsideHealthPolicy report. CMS Administrator Seema Verma said...
Several factors behind home care’s growth: Forbes
By
Amy Novotney
Sep 15, 2020
As never before, business models used by nursing homes and other congregate care settings are being challenged. Thanks to new advances in technology, expanded government payment models and shifting consumer...
COVID-19 pushed SNF occupancy below 75% in June: NIC
By
Amy Novotney
Sep 14, 2020
June occupancy rates for skilled nursing properties hit a new record low of 74.8% in June. But the general downturn may be stabilizing, according to a report from the National Investment Center for Seniors...