PDPM revenue, caring for COVID patients ‘significantly offsetting’ CareTrust’s decline in occupancy
The Patient-Driven Payment Model arrived not a moment too soon for CareTrust REIT’s skilled nursing operators.
The Patient-Driven Payment Model arrived not a moment too soon for CareTrust REIT’s skilled nursing operators.
Nursing homes with a non-white resident population of more than 40% have more than three times the rate of COVID-19 cases and deaths than those with fewer non-white residents, says R. Tamara Konetzka, Ph.D.
Northwest-based Marquis Companies not only already completed its third round of staff and resident COVID-19 vaccinations over the weekend, it also registered what could be the nation’s best 82% staff participation rate for a chain its size.
Ohio long-term care providers looking to vaccinate residents and staff against COVID-19 after the three clinics offered through the federal program will be able to do so under a new initiative announced by the state’s governor.
Industry experts expect operators to continue experiencing revenue pressures throughout the winter months after skilled nursing occupancy hit and managed Medicare rates hit record lows.
Recovering from COVID-19 isn’t the end of the battle for some nursing home residents, particularly those with lingering pulmonary issues. That’s why multiple New York nursing homes are ensuring residents dealing with ongoing breathing issues get access to free support groups to help with their post-coronavirus struggles.
The long-term care industry will lose $94 billion over a two-year period as a result of COVID-related costs and revenue losses, according to a new forecast from the nation’s largest nursing home association.
Nursing home operators in Connecticut are at an increased risk of being hit with coronavirus-related lawsuits after Gov. Ned Lamont (D) signaled the state would be ending protections for providers. Providers around the country are nervously watching to see if they will see similar action in their respective states.
Nursing home workers who have yet to receive a COVID-19 vaccine are setting the record straight on why some may be reluctant to get inoculated. Many say their reasons are being misinterpreted by the public.
The risk is even higher for Black patients with dementia, according to EHR data from over 60 million U.S. adults. Brain changes associated with dementia may be a major culprit, investigators say.