New Eskaton report blames SNFs for $28 million net loss in 2022
By
Kathleen Steele Gaivin
Jun 01, 2023
Eskaton ended 2022 with a $28 million net loss, and its skilled nursing properties largely are responsible, according to an independently audited financial report dated May 16.
More clarification, better definitions needed in CMS nursing home ownership rule, organizations say
By
Kathleen Steele Gaivin
Apr 19, 2023
The comment period ended Friday for a Department of Health and Human Service proposed nursing home ownership disclosure rule intended to make more clear ownership and management operations of facilities....
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 giving veterans more long-term care options passes Senate committee
By
Kathleen Steele Gaivin
Mar 06, 2023
The Senate Veterans’ Affairs Committee approved this week the Elizabeth Dole Home Care Act, which is meant to expand options for veterans in need of long-term care. The bill, if ultimately signed into...
Merger will expand care to ‘every corner’ of Colorado
By
Kathleen Steele Gaivin
Feb 21, 2023
Lakewood, CO-based Vivage Senior Living and Glendale, CA-based Beecan Health have merged to integrate care across a network of 42 skilled nursing facilities across Colorado, the companies announced Thursday.
Ziegler: Staffing challenges contribute to SNF downsizing decisions
By
Kathleen Steele Gaivin
Dec 13, 2022
Specialty investment bank Ziegler offers some guidance for not-for-profit providers of skilled nursing services considering downsizing.
Business briefs, Nov. 30
By
Kathleen Steele Gaivin
Nov 30, 2022
Commission says direct care worker shortage is a priority…CMS issues ultimatum on HCBS settings final rule compliance … Fitch Ratings affirms Brethren Village revenue bonds at BB+; outlook stable …...
Members of Congress call on CMS to collaborate in addressing nursing home workforce challenges
By
Kathleen Steele Gaivin
Sep 14, 2022
A bipartisan group of members of the House of Representatives is looking to the Centers for Medicare & Medicaid Services to work with them to resolve workforce shortages experienced by nursing homes across...
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...
Nursing home provider settles COVID-19 vaccine fraud suit for $1.75M, denies allegations
By
Kathleen Steele Gaivin
Jul 05, 2022
MorseLife Health System has paid $1.75 million dollars to settle a lawsuit that claimed the nursing home defrauded a Centers for Disease Control and Prevention program. The provider allegedly administered...