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.
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...
Business briefs for Tuesday, Aug. 4
Aug 04, 2020
HHS extends Medicaid provider relief fund deadline again … Ensign Group acquires Tempe, AZ post-acute care retirement community … Exantas acquires management contract, $375M in financing for new investments...
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...
Approximately 95% of Green House homes have reported zero cases COVID-19 among residents or staff: study
By
Amy Novotney
Aug 03, 2020
Much attention has been given of late to the properties or characteristics that have helped long-term care facilities stave off outbreaks of COVID-19. A new study led by University of North Carolina researcher...
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,...
Defaulted hotel deals show potential for CCRC conversions: senior living experts
By
Amy Novotney
Jul 24, 2020
Amid the fallout from the pandemic, the seniors housing industry may find new development opportunities in defaulted hotel deals, according to panelists Thursday during an Urban Land Institute webinar.
Supply of post-acute care facilities continued decline last year: MedPAC report
By
Amy Novotney
Jul 21, 2020
The nation’s supply of inpatient rehabilitation facilities, long-term care hospitals and skilled nursing facilities continued to decline in 2019, contracting by 1.5%, 3.9% and 0.8%, respectively. That’s...
Looking for provider relief funds? These tips can help
By
Amy Novotney
Jun 25, 2020
Earlier this month, the Department of Health and Human Services announced that it would distribute approximately $15 billion in grants to eligible state Medicaid and Children’s Health Insurance Program...
SEIU, ACLU file petition demanding HHS correct ‘mishandling’ of COVID-19 pandemic in LTC settings
By
Amy Novotney
Jun 24, 2020
The Service Employees International Union, the American Civil Liberties Union and partner organizations filed a legal petition Tuesday with the U.S. Department of Health and Human Services calling for...