SNF occupancy hits record low again in January: NIC report
By
Amy Novotney
Apr 06, 2021
Occupancy continued to be challenged as the skilled nursing industry navigated the first months of 2021, according to the latest monthly skilled nursing data report from the National Investment Center...
Nursing home industry expected to lose $94B over a 2-year period: AHCA
By
Amy Novotney
Feb 10, 2021
The skilled nursing sector is set to lose $94 billion over the two-year period of 2020 and 2021 as a result of ongoing COVID-19 costs and projected losses. That’s according to a new analysis released...
Parkinson: Skilled nursing still amid business nightmare
By
Amy Novotney
Feb 03, 2021
As COVID-19 vaccines continue to be rolled out at skilled nursing facilities and assisted living communities nationwide, the “clinical nightmare” soon will be in the long-term care industry’s rearview...
Almost a fourth of SNFs reported staff shortages by end of 2020: report
By
Amy Novotney
Feb 01, 2021
The number of skilled nursing facilities reporting a shortage or nurses, aides or doctors increased dramatically last year, according to an analysis of government data released last week by the U.S. PIRG...
Business briefs for Monday, Feb. 1
Feb 01, 2021
Older workers accounted for more than a fourth of job losses last year: report … Pandemic could be launching pad for industry-wide change, one skilled care expert says … Colliers provides $20.4M in...
CVS, Walgreens complete first round of SNF immunizations, doling out more than 3 million COVID-19 vaccines
By
Amy Novotney
Jan 26, 2021
In increasingly positive news for the senior living and care industries, CVS Health and Walgreens have completed the administration of the first round of COVID-19 vaccine doses to skilled nursing facilities...
Business briefs for Thursday, Jan. 14
Jan 14, 2021
HUD announces competition for $150 million in funding for Section 202 Supportive Housing for the Elderly, with applications due in May … Direct care workers remain undervalued and underused in the long-term...
Financial incentives, elimination of regulatory barriers may help expand availability of small-house...
By
Amy Novotney
Jan 11, 2021
Despite evidence that residents within one of the best-known alternative nursing home models, the Green House Project, have fared much better amid the COVID-19 pandemic than those in traditional skilled...
More than 6 in 10 Americans now say they would rather die than live in nursing home: survey
By
Amy Novotney
Dec 09, 2020
In a blow to the skilled nursing industry, 61% of Americans now report that they would rather die than live in a nursing home. That’s according to a Nationwide Retirement Institute survey of almost 1,300...
Town’s only nursing facility converting to ALF, as national study finds ‘dangerously low’ occupancy...
By
Amy Novotney
Dec 03, 2020
Amid deteriorating finances that don’t allow for much-needed building infrastructure updates, the only skilled nursing facility in the town of Norton, MA, will be closing by early next year and will...