‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
Brookdale finds itself in the midst of another federal inquiry, this time about skilled nursing
By
Lois A. Bowers
May 07, 2024
The country’s largest senior living company on Sunday found itself the subject of an inquiry related to a new federal mandate for minimum staffing at nursing homes. Brookdale Senior Living President...
63-SNF Regency becomes new nonprofit, Wellsential Health
By
Lois A. Bowers
Oct 10, 2023
The Victoria, TX-based organization now known as Wellsential Health now is the largest family of nonprofit SNFs in Texas, according to the company.
PruittHealth expands presence in Georgia with 3-SNF acquisition
By
Lois A. Bowers
Oct 10, 2023
Norcross, GA-based PruittHealth is expanding its presence in Georgia with the acquisition of three skilled nursing facilities from Piedmont. Two of the facilities are located in Augusta, and one is located...
Nursing home occupancy reaches 2023 high of 81.2 percent
By
Lois A. Bowers
Sep 01, 2023
SNF occupancy in June was 81.2%, the highest it has been all year, according to the latest Skilled Nursing Monthly Report.
Business briefs, Sept. 1
Sep 01, 2023
Survey: Many building leaders want higher pay for extra work … Investor details how a focus on senior living spurs business growth … Growth on US REITs’ same-store NOI slows in Q2 … Fitch Affirms...
Dollars spent on HCBS go further than those spent on nursing homes, study finds
By
Lois A. Bowers
Jun 29, 2023
Older adults are not “drawn out of the woodwork” to try to qualify for Medicaid benefits when a state expands home- and community-based services, according to the findings of a new study.
Eskaton sells SNFs to Cypress for $35.6 million to focus on senior living, home care
By
Lois A. Bowers
Apr 10, 2023
Carmichael, CA-based provider Eskaton is selling its three stand-alone skilled nursing facilities for $35.6 million as part of a plan to “expand and enhance” the company’s offerings in independent...
Assisted living workforce shortage could be worsened by federal nursing home staffing requirements
By
Lois A. Bowers
Apr 04, 2023
Assisted living communities and personal care homes could lose staff members to nursing homes if a minimum staffing requirement is implemented for nursing facilities by the federal government, according...
CMS proposes ‘universal’ quality measures to ease provider burden, confusion
By
Lois A. Bowers
Feb 06, 2023
Centers for Medicare & Medicaid Services leaders are proposing the creation of a “universal foundation” of quality measures to reduce the reporting burden and confusion for providers and better align...