Just a month after spending $2.9 billion to acquire medical office buildings and senior housing assets, Ventas announced Monday it will spin off its skilled nursing facility portfolio following the new acquisition of a 14-hospital chain in the Southwest.
The government's top health insurer has announced that providers could get a first look at a new type of Medicare accountable care organization this month. It has been modeled closely after a controversial managed care program and includes new waivers for skilled nursing facilities.
Are the people who run certain retirement communities unfeeling monsters with no concern for the well-being of residents? I don't think so. I think they are just like me, and many others who manage communities.
Operators should be able to offer free or discounted rides to the loved ones of residents being transported to skilled care facilities, asserts a letter from the American Health Care Association.
Todd M. Carsen is the new healthcare administrator at Covenant Village of Golden Valley, a faith-based, not-for-profit continuing care retirement community operated by Covenant Retirement Communities.
Skilled nursing operator Daybreak Venture has agreed to pay more than $357,000 to settle charges that it employed workers excluded from federal health programs, authorities recently announced.
The trend of strong merger and acquisition activity in the senior housing market has not abated, with the average price per skilled nursing unit up 7% from a year ago. This is according to the latest quarterly figures from business intelligence firm Irving Levin Associates Inc.
AVIV makes $305 million skilled nursing deal on heels of Omega merger ... Only 2 in 5 people discuss long-term care preferences with loved ones, survey finds
Omega Healthcare Investors is poised to own nearly 875 skilled nursing properties across 41 states, following its merger with Aviv REIT in a $3 billion deal announced Friday. The combination of the powerhouse REITs is just the latest mega-deal in the long-term care sector, and it signals further consolidation is coming.
Resident falls continue to present the greatest risk of lawsuits to skilled nursing facilities and other long-term care providers, according to a recently released report from insurance company CNA.
The audience member had a question that in previous years would have been found at the corner of Blasphemy and Crazytalk. She wanted to know whether it would be advisable to drop skilled care from her nonprofit organization's portfolio. Not too long ago, that might have been like Toyota asking if it should make cars without seats.
A while back I was asked to speak to a group of graduating nurses — new to practice and excited to start their careers. As I spoke, I gave insights from Florence Nightingale and the changing face of healthcare. I was feeling confident that I had inspired them to spread their wings, expand their practice; the world was their oyster, as the saying goes.
Nonprofit long-term care providers must work together to address alarming trends, or their market share could plummet and the sector as a whole could falter, LeadingAge Chairman David Gehm told association members Tuesday.
Skilled nursing operators and the senior living sector as a whole are benefiting from improving economic conditions and "healthy demand," according to a new report from California-based commercial real estate brokerage Marcus & Millichap.
Kindred overcomes Gentiva objections, forges $1.8 billion acquisition to expand gigantic healthcare 'ecosystem'October 10, 2014
Kindred Healthcare has succeeded in its quest to acquire Gentiva Health Services. The companies announced Thursday morning they would combine to create the fourth-biggest healthcare provider of any type in the United States. The $1.8 billion deal was approved by the boards of both companies, ending Kindred's five-month hostile takeover bid for the home health provider.
Skilled nursing facilities soon might be facing an onslaught of whistleblower lawsuits alleging "worthless services," a legal expert cautioned Tuesday.
Certain Accountable Care Organizations would be able to send Medicare beneficiaries to a skilled nursing facility without a prior hospital stay under a bipartisan bill recently introduced in the House of Representatives.
NJ physicians to face charges that they kept people as inpatients to qualify them for SNF coverage, judge rulesSeptember 03, 2014
A whistleblower can continue to pursue charges that a number of New Jersey physicians improperly designated Medicare beneficiaries as inpatients and sometimes prolonged their hospital stay to qualify them for skilled nursing care, a federal judge recently ruled.
Federal judge dismisses nursing home 'kickback' case; upholds large X-ray company's 'swapping' method of billingSeptember 02, 2014
The way mobile x-ray company Mobilex bills nursing homes is acceptable, a federal judge recently determined. Mobilex is the nation's largest provider of mobile diagnostic services. It had been facing whistleblower charges that it effectively paid kickbacks to nursing homes through an arrangement known as "swapping."
When people are discharged from the hospital following an illness, injury or surgery, that's often not the end of the story.
A California healthcare system has become the latest dropout from the Pioneer Accountable Care Organization program, despite reducing skilled nursing facility utilization and improving its readmission rates. Sharp HealthCare announced its decision in a quarterly financial statement released Tuesday.
Too many patients choose a post-acute care facility for the wrong reasons because hospitals do not give necessary and needed guidance, according to a paper forthcoming in the Annals of Long-Term Care.
Medicare Advantage organizations are unresponsive to provider questions, long-term care professionals tell CMSAugust 07, 2014
Several skilled nursing facility workers expressed frustration regarding communications with Medicare Advantage organizations during a public call with government officials Wednesday. Centers for Medicare & Medicaid Services representatives acknowledged that provider frustration in this area has been an ongoing issue, but they said that their hands essentially are tied.
A provider who conducted pre-employment medical exams and screenings acted illegally, even when it hired some of the individuals, a federal judge has ruled.
The government should adopt Medicare payment policies that better support hospital-based skilled nursing facilities, the American Hospital Association urged in a recent letter to a top healthcare official.
There is no draft in senior living, nor really a need for one. But what if its three most dominant players were to be sized up? How might the scouts rate skilled care, assisted living and home care, respectively? My guess is their reports might look something like this:
The McKnight's Excellence in Technology Awards application deadline has been extended to July 30.
When top long-term care executives and physicians meet, visions for a new future of longterm care technology, care processes and payment mechanisms soon follow
A resident who developed a serious pressure ulcer allegedly due to negligence at a Pennsylvania continuing care retirement community is suing the operator, claiming it purposely misrepresented its care capabilities.
Support for Medicare-style, government long-term care insurance program surges, large AP-University of Chicago poll findsMay 20, 2014
The idea of a government-run long-term care insurance program similar to Medicare has become much more popular in the last year, according to the findings of a large nationwide survey. Independent research organization NORC at the University of Chicago and The Associated Press conducted the 1,400-person poll.