COVID-19 pushed SNF occupancy below 75% in June: NIC
By
Amy Novotney
Sep 14, 2020
June occupancy rates for skilled nursing properties hit a new record low of 74.8% in June. But the general downturn may be stabilizing, according to a report from the National Investment Center for Seniors...
Parkinson: Skilled nursing still amid business nightmare
By
Amy Novotney
Feb 03, 2021
As COVID-19 vaccines continue to be rolled out at skilled nursing facilities and assisted living communities nationwide, the “clinical nightmare” soon will be in the long-term care industry’s rearview...
Up to 70% of SNFs may be in a negative cash position by mid-May
By
Amy Novotney
Apr 13, 2020
COVID‐19 is disrupting referral patterns to skilled nursing facilities, resulting in a significant revenue shortfall and cash burn that the fragile skilled nursing ecosystem may not be able to endure,...
Business briefs, May 12
By
Kathleen Steele Gaivin
May 12, 2022
Governor’s budget includes $211.2M for direct care workforce … Organizations ask HHS to extend the public health emergency … Cincinnati SNF to close by end of year
SNF occupancy rates dropped to nearly 75% in May: NIC
By
Amy Novotney
Aug 03, 2020
Skilled care occupancy rates continued to fall in May, thanks largely to the COVID-19 pandemic. That’s according to monthly data released Thursday from the National Investment Center for Seniors Housing...
~40 percent with confirmed COVID-19 are asymptomatic
Dec 14, 2021
The pooled percentage of asymptomatic infections was higher in nursing home residents and staff, air and cruise travelers, and pregnant women.
mRNA COVID-19 vaccine effectiveness lower during delta strain era
Aug 20, 2021
Adjusted effectiveness was 53.1% against infection in nursing home residents during the period when delta strain was predominant.
Federal data understated COVID-19 cases, deaths in nursing homes
Sep 10, 2021
The estimated cases and deaths omitted represented 11.6% and 14% of cases and deaths in nursing home residents in 2020.
Bloomberg: Coronavirus may end America’s embrace of retirement communities and nursing homes
By
Amy Novotney
Apr 22, 2020
An editorial in Bloomberg Tuesday explored the largely voluntary movement over the past century in the United States toward herding people over the age of 65 into special communities built around their...
Forbes: The future of nursing homes looks grim
By
Amy Novotney
May 05, 2020
Although some of short-term pandemic-related costs faced by skilled nursing facilities will likely fade over time, the industry’s current overall model may be financially unsustainable without broad...