News

Skilled Nursing Stocks Get Boost From New Payment Model

June 19, 2018, Maggie Flynn, Skilled Nursing News - Even as operators, owners, and investors sort out the multitude of implications of the new proposed skilled nursing payment model (Patient-Driven Payment Model - PDPM), one important reviewer has given it a firm thumbs up so far: the stock…

Long-Term Care Deals Drove Busy May

June 18, 2018, Kimberly Marselas, McKnight's Long-Term Care News - A month of more than 90 healthcare transactions was led by long-term care movers and shakers, according to a list compiled for Bloomberg Law.  Bloomberg said its list, created by investment bankers working in the healthcare…

Skyline Avoids Class-Action Suit In Arkansas

June 18, 2018, Kimberly Marselas, McKnight's Long-Term Care News - A federal judge has dismissed a potential class action lawsuit against Skyline Highland Holdings — an entity connected to the operator whose homes went into receivership en masse this spring — ruling the case was…

Data Drives Skilled Nursing Referral Partnerships, But Residents Ignore It

June 18, 2018, Alex Spanko, Skilled Nursing News - As referral networks continue to narrow and skilled nursing providers feel increased pressure to prove their worth to hospitals and doctors, one government agency says residents still frequently miss the highest-quality options in their own…

Affiliate Of Collapsing Skyline Dodges Class Action Suit In Arkansas

June 18, 2018, Maggie Flynn, Skilled Nursing News - A federal judge dismissed a possible class action lawsuit against Skyline Highland Holdings, an entity linked to the manager of the collapsing Skyline Healthcare chain, which has seen multiple skilled nursing facilities enter forced receivership…

Long-Term Care Dominates May Real Estate Deals

June 17, 2018, Lois Bowers, McKnight's Senior Living - Senior living and skilled nursing accounted for almost one-third of the healthcare-related real estate deals announced or closed in May, according to a new list compiled for Bloomberg…

Nursing Homes Settle $24M Medicaid Lawsuit In Rhode Island

June 17, 2018, Maggie Flynn, Skilled Nursing News - Rhode Island reached a settlement with 59 nursing homes that sued the state over Medicaid reimbursement cuts, averting a potential $24 million cost to the state over three years.  Under the terms of the…

MedPAC Again Calls For Skilled Nursing Payment Cuts In Mixed PDPM Review

The Medicare Payment Advisory Commission (MedPAC) issued a mostly positive assessment of the new proposed payment rules for skilled nursing facilities, but the organization wants change to come faster than planned.  Citing the similarity between…

Skilled Nursing Investors See Stark State-By-State Cost Differences

June 17, 2018, Maggie Flynn, Skilled Nursing News - Long-term health care is an inherently local service, and in that context, it’s not surprising that the cost of investing in a skilled nursing facility — as measured on a per-bed price basis — varies wildly from state to state and region…

Report: CMS Hospital Star Ratings Wrong For Two Years

June 15, 2018, Maria Castellucci, Modern Healthcare - The CMS has miscalculated hospitals' star ratings since they were first released in 2016, according to leaders at Rush University Medical Center in Chicago.