AHCA/NCAL leader predicts strong future for skilled nursing, assisted living providers
By
Amy Novotney
Mar 04, 2020
The business outlook for skilled care and senior living is as positive today as it has been in many years, according to Mark Parkinson, president and CEO of the American Health Care Association/National...
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 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...
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%...
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, May 6
May 06, 2020
AHCA/NCAL request $10 billion emergency response fund for SNFs … Brookdale CEO joins New York Stock Exchange Board Advisory Council … Atlantic Housing Partners opens $14.8M Florida affordable senior...
Proposed SNF tests would cost more than $400 million, AHCA claims
By
Amy Novotney
May 20, 2020
Testing all of the nation’s skilled nursing residents and staff just once for COVID-19 would cost $440 million, according to data released Wednesday from the American Health Care Association/National...
LTC must be a priority in next stimulus bill: AHCA/NCAL
By
Amy Novotney
Sep 09, 2020
As the Senate returns to Washington this week, lawmakers must focus on ensuring that long-term care facilities have the resources needed to keep residents and staff members safe, according to a statement...
Business briefs for Wednesday, May 13
May 13, 2020
AHCA / NCAL survey: Public strongly supports more funding for nursing homes and assisted living facilities … Advocates call for nursing home redesigns in wake of pandemic … Cushman & Wakefield broker...
Business briefs for Monday, Dec. 21
Dec 21, 2020
Walgreens, CVS begin mass vaccinations at long-term care facilities today … Only 14% of nursing homes plan to mandate COVID-19 vaccine for staff: McKnight’s survey … Nursing home spending down 9.8%...