CMS releases guidance for SNFs on increasing Medicaid reimbursement rates amid pandemic
By
Amy Novotney
Aug 26, 2020
The Centers for Medicare & Medicaid Services released a Medicaid informational bulletin Monday providing guidance to states on how they can help increase Medicaid reimbursement for skilled nursing facilities...
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%...
During a pandemic that has hampered nursing homes’ most profitable business — post-surgery rehab — some facilities have been admitting COVID-19 patients to ease the burden on overwhelmed hospitals,...
Concerns grow that pandemic relief bill will accelerate ongoing shift to HCBS
By
Amy Novotney
Mar 01, 2021
The $1.9 trillion coronavirus relief package passed by the U.S. House of Representatives on Saturday includes billions of dollars in new funding for government long-term services and supports for frail...
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...
Skilled nursing occupancy hits new low of 73.8%: NIC
By
Amy Novotney
Nov 05, 2020
The trend of declining occupancy rates for skilled nursing continued in August as a result of the ongoing effects of COVID-19. Operators saw occupancy rates fall another 81 basis points from July to August,...
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...
Supply of post-acute care facilities continued decline last year: MedPAC report
By
Amy Novotney
Jul 21, 2020
The nation’s supply of inpatient rehabilitation facilities, long-term care hospitals and skilled nursing facilities continued to decline in 2019, contracting by 1.5%, 3.9% and 0.8%, respectively. That’s...
Kentucky SNFs expect to lose at least 11% of workforce due to vaccine mandate
By
Amy Novotney
Sep 07, 2021
Leaders from Kentucky’s long-term care industry implored state lawmakers Thursday to provide more support for its bruised and battered workforce.
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...