House committee split raises new questions on nursing home staffing rule’s future … CVS Health sees decline in health services segment … Walmart closes health division … Pennant Group acquires...
Business briefs, April 26
By
Kathleen Steele Gaivin
Apr 26, 2024
Senate bill counts hospital ‘observation’ days toward time needed for skilled nursing coverage … This state is inching closer to universal sick leave … Senate, House appropriations subcommittees...
Rate growth slows for SNFs, home care
By
Kathleen Steele Gaivin
Apr 17, 2024
Rates for both nursing home care and home healthcare grew more slowly in March than in February, according to Altarum’s monthly Health Sector Economic Indicators brief, released Tuesday.
SNFs, CCRCs ‘off the pace’ for recruiting, retaining workers: Fitch
By
Kathleen Steele Gaivin
Apr 16, 2024
Skilled nursing facilities and continuing care retirement / life plan communities “are still well off the pace needed to reach a full post-pandemic recovery” in terms of their workforces, according...
Long-term care mergers and acquisitions increase year over year
By
Kathleen Steele Gaivin
Apr 11, 2024
Mergers and acquisitions involving senior living communities and skilled nursing facilities increased by 34% year over year in the first quarter, according to data from LevinPro LTC.
Working conditions, not personal reasons, causing nurses to leave long-term care: study
By
Kathleen Steele Gaivin
Apr 10, 2024
Insufficient staffing was the most common reason that nurses left their work in residential and nursing homes, followed by burnout or emotional exhaustion, in a study published Tuesday in JAMA Network...
Business briefs, April 5
By
Kathleen Steele Gaivin
Apr 05, 2024
Occupancy closes in on pre-pandemic levels with 11th consecutive quarterly increase: NIC … Providers turn to a variety of sources when setting executive incentives: Ziegler … US Citizenship and Immigration...
Business briefs, April 1
By
Kathleen Steele Gaivin
Apr 01, 2024
Higher interest rates mean less access to capital for senior living: NIC … CMS proposes 4.1% nursing homes pay boost … Assisted living rates up 0.6 to 3.8% … American Society on Aging, Next50 launch...
SNF, home care spending outpaced by overall personal healthcare spending
By
Kathleen Steele Gaivin
Mar 21, 2024
Year-over-year spending on nursing home care grew by 6.3% in January, and spending on home healthcare grew by 6.8%, according to Altarum’s monthly Health Sector Economic Indicators brief, released Wednesday....
Nursing homes struggle with tighter reimbursement environment, expert says
By
Kathleen Steele Gaivin
Mar 20, 2024
Nursing home funding challenges, capital and private equity firms were among the subjects of a webinar Tuesday sponsored by the Long Term Care Community Coalition.