Nursing homes previously sued for Medicare fraud received hundreds of millions in coronavirus relief...
By
Amy Novotney
Aug 05, 2020
For-profit nursing home operators that have faced accusations of Medicare fraud and kickbacks in recent years received more than $300 million in coronavirus relief payments, according to a Washington Post...
Independent living hot with investors: report
By
Lois A. Bowers
Oct 11, 2016
Independent living offers the biggest opportunity for investment in seniors housing, according to the latest CBRE Seniors Housing & Care Investor Survey, released Tuesday.
Assisted living costs stabilize while home care costs ‘skyrocket,’ survey finds
By
Lois A. Bowers
Oct 17, 2019
Charges for assisted living and skilled nursing have stabilized over the past year, whereas charges for home care rose the most quickly among categories measured by Genworth’s 2019 Cost of Care Survey,...
Skilled nursing finances ‘much worse’ than previously known: report
By
Kathleen Steele Gaivin
Mar 03, 2022
Skilled nursing finances are “much worse” than previously thought, according to a new report outlining the financial effects of the COVID-19 pandemic on the nation’s nursing homes, American Health...
A Q&A with NIC’s Robert Kramer
By
John Hall
Sep 13, 2016
Robert G. Kramer, founder and CEO of the National Investment Center for Seniors Housing & Care, recently spoke with McKnight’s about the current state and future prospects of independent living,...
Motley Fool: Omega’s SNF-focused portfolio may buffer it from pandemic fallout — or will it?
By
Amy Novotney
Apr 24, 2020
Historically, investors have often viewed independent and assisted living communities — most often paid for out-of-pocket by residents — as safer bets than skilled nursing facilities, which generally...
Nursing home staff turnover up 25 percent from last year: survey
By
Kathleen Steele Gaivin
Aug 01, 2022
The national nursing home staff turnover rate for all employees is up 25% from last year. That’s according to findings included in the 45th annual Nursing Home Salary & Benefits Report released Thursday...
CMS to fine SNF operators up to $8,000 if they don’t test all staff for COVID-19
By
James M. Berklan
Aug 27, 2020
Nursing home operators could face fines of up to $8,000 if they don’t comply with new federal regulations that mandate they test all staff members for COVID-19.
Stiffer requirements for SNF Medicaid payments could be coming down the pike
By
Kathleen Steele Gaivin
Jun 13, 2022
The nation’s 15,500 Medicaid-certified nursing homes could find that there are strings attached to future Medicaid payments if a proposal from the federal government proceeds, Kaiser Health News reports.
Wisconsin nursing homes are closing at an unprecedented rate
By
Amy Novotney
Jun 09, 2020
Ryan Wernberg has lived in three different Wisconsin-based nursing homes in the past year. The moves haven’t been by choice — they’ve been the result of facility closings, according to an analysis...