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...
AHCA/NCAL launches resource guide for COVID-19 grants and loans
By
Amy Novotney
Apr 30, 2020
The American Health Care Association/National Center for Assisted Living has developed a resource guide for operators. The tool will help users better manage options to grants and loan programs during...
Most nursing homes losing money: AHCA survey
By
Amy Novotney
Aug 14, 2020
COVID-19 had led to increased costs and financial hardship among nursing homes across the nation, according to a survey of 463 nursing home operators conducted earlier this week by the American Health...
Proposed SNF tests would cost more than $400 million, AHCA claims
By
Amy Novotney
May 20, 2020
Testing all of the nation’s skilled nursing residents and staff just once for COVID-19 would cost $440 million, according to data released Wednesday from the American Health Care Association/National...
Financial incentives, elimination of regulatory barriers may help expand availability of small-house...
By
Amy Novotney
Jan 11, 2021
Despite evidence that residents within one of the best-known alternative nursing home models, the Green House Project, have fared much better amid the COVID-19 pandemic than those in traditional skilled...
Forbes: The future of nursing homes looks grim
By
Amy Novotney
May 05, 2020
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...
Morningstar gives ‘negative outlook’ rating to skilled care
By
Amy Novotney
Aug 28, 2020
A leading credit rating company has downgraded its outlook for the skilled care sector, citing legal woes tied to the pandemic.
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...
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....
HHS to issue reporting requirements for provider relief funds
By
Amy Novotney
Jul 27, 2020
Last week the U.S. Department of Health and Human Services released a notice acknowledging that more detailed Provider Relief Fund reporting guidance and materials will be released on Aug. 17. In the short,...