Eskaton sells SNFs to Cypress for $35.6 million to focus on senior living, home care
By
Lois A. Bowers
Apr 10, 2023
Carmichael, CA-based provider Eskaton is selling its three stand-alone skilled nursing facilities for $35.6 million as part of a plan to “expand and enhance” the company’s offerings in independent...
SNF staffing shifts after REIT acquisition, study shows
By
Kathleen Steele Gaivin
Mar 21, 2023
Steady increases in licensed practical nurse and certified nursing assistant hours per resident day in skilled nursing after REIT acquisition could mean that there is some kind of “substitution effect”...
COVID-related changes in nursing home healthcare delivery ‘just starting to manifest’: report
By
Kathleen Steele Gaivin
Mar 08, 2023
The pandemic forever changed the nursing home industry, according to Marcum LLP’s three-year benchmarking analysis of skilled nursing operations, released Tuesday.
57 percent of state’s SNFs report empty beds due to lack of staff
By
Kathleen Steele Gaivin
Mar 02, 2023
Fifty-seven percent of skilled nursing providers in Pennsylvania have empty beds, not because of lack of demand but because they don’t have enough staff members to care for residents and patients. That’s...
Bill aims to privatize annual nursing home, assisted living inspections
By
Kathleen Steele Gaivin
Feb 08, 2023
Proposed legislation before the Arizona Legislature, if passed, would privatize annual inspections of skilled nursing facilities and assisted living communities by creating a third-party entity to make...
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...
SNF operators to continue to see profit margins shrink: report
By
Kathleen Steele Gaivin
Jan 23, 2023
Skilled nursing facilities operators should expect their profit margins to continue to shrink over the next four years, even as other segments of long-term care see modest gains. That’s according to...
55 percent of surveyed SNFs operating in the red, limiting admissions: AHCA
By
Kathleen Steele Gaivin
Jan 11, 2023
Fifty-five percent of skilled nursing providers responding to a recent survey by the American Health Care Association say that they are operating in the red, and 48% of respondents said that they would...
Price of proposed nursing home staffing mandate? Try $11.3B a year, new AHCA report finds
By
Kathleen Steele Gaivin
Dec 16, 2022
The American Health Care Association Thursday released an updated report from accounting and consulting firm CliftonLarsonAllen LLP detailing the costs of a potential federal staffing mandate for America’s...
Skilled nursing occupancy declines after two months of increases
By
Kathleen Steele Gaivin
Dec 05, 2022
After two months of increases, skilled nursing occupancy declined 40 basis points to 78.4% from August to September, according to the latest Skilled Nursing Monthly Report released by the National Investment...