‘Nothing less than a crisis’ as 45 percent of SNFs cite serious financial issues in AHCA survey
By
Kathleen Steele Gaivin
Mar 06, 2024
Forty-five percent of skilled nursing facility participants in a new survey said they are “either operating in the red or barely breaking even.”
Most FCA recoveries related to healthcare, attorney says
By
Kathleen Steele Gaivin
Feb 29, 2024
The Justice Department recovered a record-breaking amount of settlements and judgments from False Claims Act cases last year, and most of those cases were related to healthcare cases — “like they...
New staffing calculator aims to help SNFs reduce agency use
By
Kathleen Steele Gaivin
Feb 29, 2024
Seattle-based CareListings has launched an online staffing calculator for operators of skilled nursing facilities, with the goal of leading them to reducing their dependency on agency staffing.
Business briefs, Feb. 23
By
Kathleen Steele Gaivin
Feb 23, 2024
Long-term care execs see modest salary increases: report … Providers clamor for innovation to head off “end-of-mission” conversations … Nursing homes sue state Medicaid program, claiming massive...
With projected Fed decreases, investor confidence is rising
By
Kathleen Steele Gaivin
Feb 21, 2024
The past few years have been challenging on debt markets in real estate, particularly in the senior living and care market, but a “boost in investor confidence” is occurring now, according to Jason...
Business briefs, Jan. 29
By
Kathleen Steele Gaivin
Jan 29, 2024
White House launches effort to increase Medicare Advantage transparency … CCRCs would have a year to return entrance fees under proposed bill … McGuireWoods attorney offers advice on SNF restructuring,...
Senior living and care among leaders in healthcare bankruptcies in 2023
By
Kathleen Steele Gaivin
Jan 26, 2024
Healthcare bankruptcies hit a record high last year, with long-term care second only to pharmaceutical companies in filings, according to a report published Thursday by healthcare restructuring advisory...
Home health is fastest-growing component of national health spending
By
Kathleen Steele Gaivin
Jan 08, 2024
Year-over-year growth in the home health space was 13.5% in October, making it the fastest-growing component of national health spending, according to Altarum’s monthly Health Sector Economic Indicators...
Cap rates increase by 74 basis points across all segments of senior living and care
By
Kathleen Steele Gaivin
Jan 03, 2024
The average senior housing and care capitalization rate across all segments increased by 74 basis points between April and October, according to results of the 13th edition of CBRE’s US Senior Housing...
National health spending reached $45 trillion in 2022, or $13,493 per person, according to an analysis from the Office of the Actuary at the Centers for Medicare & Medicaid Services published Wednesday...