Need for care not going away, but where best to provide it under scrutiny: M&A expert
By
Amy Novotney
Oct 07, 2020
As the long-term care industry continues to examine its future, many are banking on an ongoing division between home and communal-based care. It’s a divide that’s already beginning to play out in the...
Skilled nursing occupancy hit new record low of 71.7% in December: NIC
By
Amy Novotney
Mar 05, 2021
Just as recent efforts to vaccinate long-term care patients and frontline healthcare workers began at the end of December, occupancy at the nation’s skilled nursing facilities reached its lowest level...
New law gives funding boost to affordable assisted living program
By
Kimberly Bonvissuto
Jun 02, 2022
An Illinois nursing home reform bill signed into law this week includes funding for a supportive living alternative that is part of the continuum of care offered by some senior living providers.
Signature HealthCARE lays off 100 employees at its Louisville headquarters
By
Amy Novotney
Jun 15, 2020
Louisville, KY-based nursing home chain Signature HealthCARE will cut 100 jobs at its headquarters due to the coronavirus pandemic, according to The Courier Journal.
CMS: Aging population a big driver of annual growth in national healthcare spending
By
Lois A. Bowers
Feb 15, 2018
Enrollment shifts from private health insurance to Medicare as baby boomers continue to age into the program will help drive average annual growth of 5.5% in national health spending and enrollment from...
AHCA/NCAL: CMS Accelerated Payment program providing quick support
By
Amy Novotney
Apr 16, 2020
The surest bet for quick financial help for long-term care operators right now appears to be through the Centers for Medicare & Medicaid Services’ Accelerated Payment Program, Consolidated Billing Services...
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...
CMS announces 2.2% Medicare raise for SNFs in 2021
By
Danielle Brown
Aug 04, 2020
Nursing home operators will receive an aggregate $750 million Medicare pay increase for fiscal year 2021 under a final rule announced Friday by the Centers for Medicare & Medicaid Services. It would amount...
Surcharge Act means nursing homes will receive millions in state, federal aid
By
Kathleen Steele Gaivin
Mar 07, 2022
Millions of dollars in additional state and federal funds to improve quality of care will flow to New Mexico’s nursing facilities now that New Mexico Gov. Michelle Lujan Grisham (D) has signed the Health...
SNF occupancy rates dropped to nearly 75% in May: NIC
By
Amy Novotney
Aug 03, 2020
Skilled care occupancy rates continued to fall in May, thanks largely to the COVID-19 pandemic. That’s according to monthly data released Thursday from the National Investment Center for Seniors Housing...