APRNs help SNFs save more than $31M over 6 years: study
By
Amy Novotney
Mar 01, 2021
Instituting advanced practice registered nurses full-time at 16 Missouri nursing homes helped reduce resident hospitalizations and allowed the state to save more than $31 million over the course of six...
Bill proposing state approval before nursing home acquisition fails, but threat still looms
By
Amy Novotney
Apr 20, 2021
California lawmakers say they’ll take no action this year on a bill that would require nursing home owners and operators to get state approval before they acquire, operate or manage a nursing home. But...
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...
Public-private collaboration key to securing long-term care financing for middle-income Americans
By
Amy Novotney
Apr 09, 2021
Recent studies have found that more than half of middle-income seniors will not be able to afford the care they need, and 15% of baby boomers will incur more than $250,000 in long-term care costs. If anything,...
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...
Motley Fool: Omega’s SNF-focused portfolio may buffer it from pandemic fallout — or will it?
By
Amy Novotney
Apr 24, 2020
Historically, investors have often viewed independent and assisted living communities — most often paid for out-of-pocket by residents — as safer bets than skilled nursing facilities, which generally...
More objections filed against Illinois CCRC bondholders bankruptcy plan
By
Amy Novotney
Jun 22, 2020
Additional objections have been filed against a Chapter 11 reorganization plan proposed by the majority bondholders for Barlett, IL-based continuing care retirement community Clare Oaks Senior Living.
Wisconsin nursing homes are closing at an unprecedented rate
By
Amy Novotney
Jun 09, 2020
Ryan Wernberg has lived in three different Wisconsin-based nursing homes in the past year. The moves haven’t been by choice — they’ve been the result of facility closings, according to an analysis...
Industry must capitalize on ‘historic moment’ of change for skilled nursing: expert
By
Amy Novotney
Apr 14, 2021
The COVID-19 pandemic has exposed the country’s long-term care system, particularly in skilled nursing facilities, as “deeply flawed, chronically underfunded and in need of reform,” according to...
Forbes: Long-term care needs more funding and a new structure
By
Amy Novotney
Jun 11, 2020
The COVID-19 pandemic has “amplified and exposed an already deeply flawed system” for long-term care in the United States, according to an analysis Wednesday in Forbes.