Occupancy decreased among skilled nursing facilities in March, after increasing for two months in a row, according to the National Investment Center for Seniors Housing & Care’s most recent skilled nursing...
Skilled nursing occupancy tops 82 percent for first time since April 2020
By
Kathleen Steele Gaivin
Nov 07, 2023
Skilled nursing occupancy is up 142 basis points year over year as of the end of August. Occupancy reached 82.3% in August, topping 82% for the first time since April 2020, according to the latest Skilled...
Business briefs, Oct. 24
By
Kathleen Steele Gaivin
Oct 24, 2022
Home health provider, managers to pay $1.2M in Medicare fraud case … Omega Healthcare Investors declares cash dividend of $0.67 per share of common stock … Madison, WI, assisted living community to...
Business briefs, March 27
By
Kathleen Steele Gaivin
Mar 27, 2023
Bill closes ‘loophole’ in provider background checks … USCIS lifts COVID-related flexibilities … Biden’s budget would strengthen Medicare, Medicaid, Social Security, HCBS, senator says … ORA...
6 SNFs, ALFs placed in receivership in Iowa
By
Kathleen Steele Gaivin
Feb 01, 2023
In what appears to be a growing trend in long-term care closures in Iowa, four nursing facilities and two assisted living facilities have been placed in receivership with the state Department of Inspections...
Insurance companies pocketing millions in overpayments through their Medicare Advantage subsidiaries,...
By
Kathleen Steele Gaivin
Nov 22, 2022
The Centers for Medicare & Medicaid Services released the results of 90 audits of Medicare Advantage plans. The federal audits discovered $12 million in net overpayments for the care of 18,090 patients...
More clarification, better definitions needed in CMS nursing home ownership rule, organizations say
By
Kathleen Steele Gaivin
Apr 19, 2023
The comment period ended Friday for a Department of Health and Human Service proposed nursing home ownership disclosure rule intended to make more clear ownership and management operations of facilities....
Omega Healthcare Investors agrees to pay $3 million to settle MedEquities kickback claim
By
Kathleen Steele Gaivin
Nov 11, 2022
Hunt Valley, MD-based real estate investment trust Omega Healthcare Investors will pay $3 million to settle kickback allegations against Omega-owed MedEquities Realty Trust, the Department of Justice announced...
Nursing home sector’s economic recovery ‘in limbo,’ AHCA says
By
Kathleen Steele Gaivin
Feb 07, 2023
Economic recovery remains “in limbo” for the nursing home sector, especially as the public health emergency — and the funds that go along with it — is set to end this spring. That’s according...
Eleventh hour spending bill includes $117 billion for HHS
By
Kathleen Steele Gaivin
Mar 26, 2024
A $1.2 trillion spending bill approved by the Senate early Saturday morning includes $117 billion for Department of Health and Human Services operations. This sum allocates $4.1 billion for the administrative...