Pandemic hits Genesis hard, putting firm’s future in doubt
By
Danielle Brown
Sep 01, 2020
Adverse effects from COVID-19 forced Genesis HealthCare to raise “substantial doubt” about its ability to operate in the near future. Genesis executives detailed their concerns during a second-quarter...
Ensign returns $110M in aid
By
Danielle Brown
Sep 01, 2020
The Ensign Group returned about $110 million in federal COVID-19 relief aid after experiencing another quarter of “record-breaking results,” company executives reported in August.
September Business Briefs
Sep 01, 2020
Monticello provided $14 million in first lien debt financing for a Wisconsin skilled nursing facility portfolio, the lender announced in August. The financing will be used to refinance two SNFs and acquire...
Proposed 9% therapy pay cut has providers up in arms
By
James M. Berklan
Sep 01, 2020
Provider advocates have warned that the Trump administration’s proposed 9% Medicare payment cuts for physical and occupational therapy could send some companies out of business.
2.2% Medicare pay raise
By
James M. Berklan
Sep 01, 2020
Nursing home operators are generally pleased with the announcement that they will receive a 2.2% Medicare pay boost for fiscal 2021.
Ask the payment expert: Can you explain why my MDS nurse is refusing to code “isolation” on our residents...
By
Caryn Adams
Sep 01, 2020
Can you explain why my MDS nurse is refusing to code “isolation” on our residents in precautionary isolation for COVID-19?
Michigan governor vetoes bill that would have prohibited COVID-19 patients from nursing homes
Sep 01, 2020
Michigan Gov. Gretchen Whitmer (D) vetoed a bill that would have required coronavirus patients to be placed into separate, COVID-only facilities and not nursing homes.
NY limits liability shields
Sep 01, 2020
NEW YORK — The state of New York amended a law that had protected nursing homes from being held liable in most coronavirus-related lawsuits.
Medicaid expansion OK’d
Sep 01, 2020
MISSOURI — Missouri voters approved a plan to expand Medicaid coverage via the state’s primary election in early August.
State ends testing aid
Sep 01, 2020
MARYLAND — Providers in the state warned that facilities cannot bear the costs of mandatory coronavirus testing for staff members after state health officials announced in mid-August plans to stop covering...