Although some of short-term pandemic-related costs faced by skilled nursing facilities will likely fade over time, the industry’s current overall model may be financially unsustainable without broad...
AHCA/NCAL launches resource guide for COVID-19 grants and loans
By
Amy Novotney
Apr 30, 2020
The American Health Care Association/National Center for Assisted Living has developed a resource guide for operators. The tool will help users better manage options to grants and loan programs during...
Business briefs for Wednesday, April 29
By
Amy Novotney
Apr 29, 2020
More companies have suspended dividends so far this year than in the previous 10 years combined … Medicaid increases providing pandemic cushion for providers … Massachusetts’ first SNF-based COVID-19...
CMS reevaluating outlays for the Accelerated Payment Program
By
Amy Novotney
Apr 28, 2020
The Centers for Medicare & Medicaid Services announced Sunday that it is reevaluating the amounts that will be paid under its Accelerated Payment Program and suspending its Advance Payment Program to Part...
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...
Lancaster Pollard: Multiple funding sources emerging for the senior living sector
By
Amy Novotney
Apr 23, 2020
Senior living and care organizations across the country are doing noble work, and it is essential that they receive additional resources and options in this trying time, according to an article published...
AHCA/NCAL: CMS Accelerated Payment program providing quick support
By
Amy Novotney
Apr 16, 2020
The surest bet for quick financial help for long-term care operators right now appears to be through the Centers for Medicare & Medicaid Services’ Accelerated Payment Program, Consolidated Billing Services...
Costs of COVID-19 threatens push toward value-based care
By
Amy Novotney
Apr 16, 2020
The National Association of Accountable Care Organizations released results of a survey of member ACOs Monday that could hold dire implications for the Medicare Shared Savings Program for ACOs.
Moody’s: Coronavirus stimulus will lessen economic pain, but won’t fully compensate healthcare...
By
Amy Novotney
Apr 14, 2020
The $2.3 trillion CARES Act will certainly provide some relief to hospitals and other healthcare systems, but the funding is unlikely to fully compensate for increased labor and personal protective equipment...
Ziegler: Check out these relief options for seniors housing operators who don’t qualify for SBA help
By
Amy Novotney
Apr 10, 2020
Since President Trump signed into law the Coronavirus Aid, Relief and Economic Security Act on March 27, much of the focus has been on the Paycheck Protection Program and securing funds for small businesses...