» Healthcare organizations battling the COVID-19 pandemic have also faced heightened cybersecurity threats from hackers looking to take advantage of the crisis caused by the outbreak. Email security firm...
Genesis, ProMedica team up to provide telehealth to SNFs
By
Danielle Brown
May 01, 2020
Genesis HealthCare and ProMedica are a part of a new coalition of industry leaders aimed at giving skilled nursing facility providers immediate access to wound care through telehealth during the coronavirus...
$117M deal nets 12 SNFs
By
Danielle Brown
May 01, 2020
Monticello, a specialized private real estate and asset-based lender, asset manager and servicer, has provided $117 million in first lien debt financing to acquire 12 skilled nursing properties, and refinance...
May Business Briefs
May 01, 2020
Monticello provided $66.6 million in first lien debt financing for the acquisition of three skilled nursing properties in Maryland; Sabra Health Care REIT sold two skilled nursing facilities in Montana...
CMS proposes 2.3% boost for 2021 Medicare pay rate
By
James M. Berklan
May 01, 2020
Nursing home providers were pleased to learn in mid-April about a proposed 2.3% Medicare pay hike for fiscal 2021.
CMS doubles test payouts
By
James M. Berklan
May 01, 2020
High-volume labs that test for COVID-19 at nursing homes have seen their pay doubled under a new policy from the Centers for Medicare & Medicaid Services aimed at boosting testing and tracking capacity.
Ask the payment expert: What is the best way not to lose 2% of the Annual Payment Update?
By
Caryn Adams
May 01, 2020
Even though we are getting a temporary break from it due to pandemic relief, what is the best way not to lose 2% of the Annual Payment Update?
Providers get 15% Medicaid funding bump to help cover costs associated with the novel coronavirus
May 01, 2020
Connecticut providers said a 10% increase in Medicaid payments for nursing homes was an “incredibly important step” but not enough to avoid calamity. They then got 5% more.
Absences force evacuation
May 01, 2020
California — A provider in Riverside, CA, was forced to evacuate more than 80 residents after employees failed to show up for work two days in a row.
Call for Medicaid expansion
May 01, 2020
Texas — Texas state Sen. Nathan Johnson (D) wants the state to expand Medicaid during the coronavirus pandemic.