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.
Most nursing homes losing money: AHCA survey
By
Amy Novotney
Aug 14, 2020
COVID-19 had led to increased costs and financial hardship among nursing homes across the nation, according to a survey of 463 nursing home operators conducted earlier this week by the American Health...
Looking for provider relief funds? These tips can help
By
Amy Novotney
Jun 25, 2020
Earlier this month, the Department of Health and Human Services announced that it would distribute approximately $15 billion in grants to eligible state Medicaid and Children’s Health Insurance Program...
Nursing home industry on verge of financial collapse, group claims
By
Amy Novotney
Jun 11, 2020
Even before the industry was dealing with the COVID-19 pandemic, the average nursing home was operating on a razor-thin profit margin or net loss. That’s because Medicaid reimbursements only cover 70%...
Debates arise over who should foot the bill for nursing home worker testing
By
Amy Novotney
Jun 10, 2020
Regular COVID-19 testing of nursing home staff, who are the most likely to introduce the virus to a facility and spread it to residents, has been sanctioned by experts as one of the most important ways...