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...
CMS to fine SNF operators up to $8,000 if they don’t test all staff for COVID-19
By
James M. Berklan
Aug 27, 2020
Nursing home operators could face fines of up to $8,000 if they don’t comply with new federal regulations that mandate they test all staff members for COVID-19.
Focus On: Feds consider reopenings, but some are urging caution
By
Danielle Brown
Jun 01, 2020
Concerns are growing about resident loneliness and other coronavirus challenges, but infection risks still loom large.
mRNA COVID-19 vaccine effectiveness lower during delta strain era
Aug 20, 2021
Adjusted effectiveness was 53.1% against infection in nursing home residents during the period when delta strain was predominant.
Genesis and Ensign Group see shares drop amidst House COVID-19 nursing home investigation
By
Amy Novotney
Jun 22, 2020
Last week, a House of Representatives committee launched an investigation into how five large nursing home companies have handled COVID-19. Among the nursing homes under investigation are publicly traded...
Wisconsin commits $500M for reimbursements to nursing homes, also increases HCBS reimbursement
By
Kathleen Steele Gaivin
Jan 13, 2022
Wisconsin will commit more than $500 million for payments and incentives to nursing homes by increasing reimbursement rates, Gov. Tony Evers (D) said Tuesday.
Staff COVID-19 vaccinations have risen 25 percentage points under CMS mandate
By
Kathleen Steele Gaivin
May 18, 2022
COVID-19 vaccination rates among nursing home staff jumped 25 percentage points nationally thanks in no small part to a CMS mandate imposed earlier this year.
Town’s only nursing facility converting to ALF, as national study finds ‘dangerously low’ occupancy...
By
Amy Novotney
Dec 03, 2020
Amid deteriorating finances that don’t allow for much-needed building infrastructure updates, the only skilled nursing facility in the town of Norton, MA, will be closing by early next year and will...