Federal plans to distribute nearly $5 billion to skilled nursing operators to help their COVID-19 response is a good start, but it may not be enough for providers to conduct necessary testing at facilities — a critical step toward reopening nursing homes — according to one of the nation’s largest nursing home chains.
The Centers for Medicare & Medicaid Services is asking skilled nursing facilities and other providers to help develop better quality measures — and the agency is earmarking $30 million to sweeten the deal.
Hospitals have made much greater strides in cutting infection rates than their peers in the long-term care space and should work more closely with the latter to share know-how and better address the issues, experts said this week.
Partnerships linking skilled care operators and hospitals have been touted as all but inevitable. Yet good examples are few and far between. It turns out Dallas might be a pretty good place to look for a place to emulate.
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.
Participation in CMS’ Bundled Payments for Care Improvement program is staggering, enhancing the strategic importance of bundled payment activity in your market to your overall strategy and market positioning discussions.