SNF staffing plunged nearly 40% at some facilities near the beginning of pandemic: WSJ analysis
By
Amy Novotney
Nov 03, 2020
The number of caregivers reporting for work at dozens of nursing homes dropped significantly on some of the deadliest days of the pandemic. That’s according to a Wall Street analysis published Sunday...
Ensign Group announces increased revenues; plans to return $23M in relief funds
By
Amy Novotney
Oct 30, 2020
San Juan Capistrano, CA-based Ensign Group announced an adjusted net income of $43.7 million in the third quarter of 2020, a 94.5% year-over-year gain, according to the firm’s earnings release Wednesday....
Industry leaders plead for fiscal relief
By
Amy Novotney
Oct 15, 2020
Citing a worsening pandemic, the American Health Care Association / National Center for Assisted Living warned again Wednesday that widespread financial challenges loom over many long-term care facilities.
HHS announces $20 billion in new COVID-19 relief funding; Assisted living eligible
By
Kimberly Bonvissuto
Oct 02, 2020
The federal government on Thursday announced $20 billion in new funding for assisted living communities and other providers on the frontlines of the coronavirus pandemic. Providers can start applying on...
Pandemic a good opportunity for SNFs to prove their importance: Matros
By
James M. Berklan
Sep 30, 2020
Census pressure and uncertainties caused by COVID-19 continue to threaten the nursing home industry. But at least one major real estate investment trust CEO sees this period as a time of good opportunity...
CMS evaluating outcomes-based reimbursement strategies for COVID-19 tests
By
Amy Novotney
Sep 17, 2020
The Centers for Medicare & Medicaid Services is investigating a new outcomes-based reimbursement strategy for COVID-19 tests, according to an InsideHealthPolicy report. CMS Administrator Seema Verma said...
COVID-19 SNF staff testing costs could hit $15K per week
By
Danielle Brown
Sep 14, 2020
It could cost larger nursing homes up to $15,000 per week to comply with new COVID-19 testing requirements from the Centers for Medicare & Medicaid Services for staff members, according to a report released...
Feds announce Provider Relief Fund application for private-pay assisted living
By
Lois A. Bowers
Sep 01, 2020
Private-pay assisted living communities now may apply for funding under the Provider Relief Fund phase 2 general distribution allocation, the Department of Health and Human Services announced Tuesday through...
Sept. 13 is new deadline for eligible assisted living operators to apply for Provider Relief Fund
By
Lois A. Bowers
Sep 01, 2020
Eligible assisted living operators and other eligible providers now have until Sept. 13 to apply for the phase 2 general distribution of the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider...
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.