News

Don't Punish SNFs For Training

December 30, 2016, Jeff Marcus, McKnight's Long-Term Care News - The Centers for Medicare & Medicaid Services have made information technology and staff competency a priority for the past five years. In response, skilled nursing facility educators expanded training programs to keep up with…

Affordable Care Act Penalties Pay Dividends In Readmissions Reductions

December 27, 2016, Jeff Lagasse, Healthcare Finance - The penalties levied under the Affordable Care Act's Hospital Readmissions Reduction Program are achieving the desired result, according to a new study published in the Annals of Internal Medicine. Not only were the penalties associated…

Ensign Purchases 15-Property Assisted Living Real Estate Portfolio

December 27, 2016, Tim Mullaney, Senior Housing News - The Ensign Group (Nasdaq: ENSG) now owns the real estate of 15 Wisconsin assisted living properties, which the company has been operating for more than a year. Mission Viejo, California-based Ensign did not disclose the purchase price,…

New $500 Million Private Equity Fund To Target Senior Housing

December 22, 2016, Amy Baxter, Senior Housing News - A real estate-focused private equity firm has raised $503.2 million for its fourth fund that will target the specialty housing market, including senior housing investments. The firm, Chicago-based Green Courte Partners, plans to leverage…

Dual-Eligible ACO Model Could Be Jeopardized By Changes To Medicaid

December 21, 2016, Emily Mongan, McKnight's Long-Term Care News - The Centers for Medicare & Medicaid Services' (CMS) recently announced accountable care organization model for dual eligibles could be at risk if lawmakers overhaul the Medicaid program in the coming years.

HHS Says It Can't Clear Medicare Appeals Backlog By Court's Deadlines Without More Money

December 20, 2016, Emily Mongan, McKnight's Long-Term Care News - The Department of Health and Human Services (HHS) will be unable to meet court-ordered deadlines for clearing the Medicare appeals backlogs without receiving additional funding, the agency told a court last week.

Another Activist Shareholder Urges Brookdale to Sell Off Real Estate

December 20, 2016, Elizabeth Ecker, Senior Housing News - Another group of activist shareholders in the nation’s largest senior living provider is urging the company to monetize its assets through a major real estate sale. The group, Stamford, Conn.-based Land and Buildings Investment Management…

Report: Up To 12.5% Of SNFs Likely Inflate Self-Reported Measures

December 19, 2016, Emily Mongan, McKnight's Long -Term Care News - Between 6% and 12.5% of skilled nursing providers are believed to inflate their self-reported staffing and quality measures, causing inaccuracies in their overall ratings, according to a report published Thursday.

Investor Group Makes $625,000-Per-Unit NYC Senior Housing Play

December 19, 2016, Tim Mullaney, Senior Housing News - Another high-profile senior housing project is coming to Manhattan, through the nearly $150 million acquisition of a 15-story building on the Upper West Side. The art deco building has 239 units, meaning that the purchase price equates…

When You’re Looking For A Nursing Home, Your Hospital May Offer Little Help

December 16, 2016, Jordan Rau, Washington Post - At age 88, Elizabeth Fee looked pregnant, her belly swollen after days of intestinal ailments and nausea. A nurse heard a scream from Fee’s room in a nursing home and found her retching “like a faucet” before she passed…