Inflation jumps 8.5% in a year for nursing goods and services, tripling the number of residents at risk...
By
Danielle Brown
May 26, 2022
Rising inflation and increased labor costs are multiplying the risk of closure for skilled nursing facilities across the country, according to a new analysis released Wednesday by CliftonLarsenAllen and...
Most operators expect staffing challenges to ease in 2022, new NIC survey shows
By
Danielle Brown
Mar 11, 2022
Most long-term care operators believe workforce improvements are coming for the sector, according to the latest findings from the National Investment Center for Seniors Housing & Care.
Minimum staffing requirements, higher Medicaid funding for nursing home workforce highlight new bill
By
Danielle Brown
Aug 11, 2021
Nursing homes would be required to meet minimum staffing standards but also receive additional Medicaid funds to support workforce and care improvements under federal legislation introduced Tuesday.
Price per nursing home bed jumps 20% after years of decline: survey
By
Danielle Brown
Jun 02, 2021
Nursing home bed prices jumped to $90,700 during the first quarter of 2021 after four consecutive years of decline, according to new data from real estate and investment management firm JLL Valuation Advisory.
Omega Healthcare ‘outperforming’ its peers: analyst
By
Danielle Brown
Apr 21, 2021
Omega Healthcare’s appetite for long-term care growth, despite the havoc caused by the pandemic, should help the real estate investment trust to come out ahead of its peers in the near future, according...
Welltower dumping most Genesis HealthCare holdings in $880 million deal, strengthens ProMedica joint...
By
Danielle Brown
Mar 03, 2021
Welltower is cutting most ties with beleaguered Genesis HealthCare, the company announced late Tuesday.
Genesis HealthCare looks toward pandemic recovery after CEO change
By
Danielle Brown
Jan 06, 2021
The new chief executive officer of post-acute care giant Genesis HealthCare is hoping to steer the company onto a steadier path after months of financial uncertainty caused by the pandemic.
AHCA and other groups pushing for extension of 2% Medicare sequester cut; Congress reaches deal on third...
By
Danielle Brown
Dec 21, 2020
Healthcare providers, including nursing homes, are demanding continued relief from the 2% Medicare sequester cuts through the duration of the COVID-19 pandemic. The relief would help improve the “relatively...
Fill out a ‘McKnight’s’ survey and win one of five $50 gift cards!
Dec 11, 2020
McKnight’s is interested in your opinions. Please take our quick 2021 Industry Outlook survey. As a thank-you gesture, you will be entered into a drawing for a chance to receive one of five $50 gift...
Genesis stresses need for ongoing federal support after $60M shortfall due to pandemic
By
Danielle Brown
Nov 10, 2020
Genesis HealthCare endured $60 million in losses directly related to the coronavirus pandemic — despite receiving $64 million in federal and state relief funding during the third quarter, company executives...