News

1,400 Nursing Homes Get Lower Medicare Ratings

July 30, 2018, Jordan Rau & Elizabeth Lucas, Kaiser Health NewsMedicare has lowered its star ratings for staffing levels in 1 in 11 of the nation’s nursing homes — almost 1,400 of them — because they either had inadequate numbers of registered nurses or failed to provide…

State Loses $3 Million Medicaid Battle

July 30, 2018, Marty Stempniak, McKnight's Long-Term Care News - Pennsylvania must pay some $3 million back to Health and Human Services, after a judge ruled that the state improperly charged Medicare for nursing home staff training.  The U.S. Court of Appeals Third Circuit rejected…

CMS Refines Proposed Changes To SNF Reimbursement

July 26, 2018, Long-Term Care Newsletter - On May 8, 2018, in its Fiscal Year 2019 (FY 2019) Skilled Nursing Facility (SNF) Prospective Payment System (PPS) Proposed Rule, Centers for Medicare & Medicaid Services (CMS) proposed a new case-mix classification system that drives…

Sabra Takes Proactive Approach To Skilled Nursing Data With PointRight Partnership

July 26, 2018, Alex Spanko, Skilled Nursing News - Sabra Health Care REIT (Nasdaq: SBRA) last week announced a strategic partnership with health care data analytics firm PointRight,…

Welltower, ProMedica Close On $4.4B QCP-ManorCare Deal

July 26, 2018, Alex Spanko, Skilled Nursing News - Just one day after shareholders approved Welltower Inc.’s (NYSE: WELL) acquisition of Quality Care Properties (NYSE: QCP), the rest of the…

Omega Terminates Restructuring Support Agreement

July 23, 2018, Business Wire - Omega Healthcare Investors, Inc. (NYSE: OHI) today announced that the Company has given notice to terminate the restructuring support agreement of its tenant, 4 West Holdings,…

Finally, Some Labor News That Won't Leave A Mark

July 23, 2018, John O'Connor, McKnight's Long-Term Care News - Employee relations in this sector is frequently a zero-sum game.  When management gets a victory, labor usually feels run over.  And vice versa.  That's why it's nice when something comes along that doesn't leave one…

Verbal Instructions Are Okay For Nursing Home Arbitration Contract, Judge Rules

July 23, 2018, Marty Stempniak, McKnight's Long-Term Care News - A Mississippi judge has struck down one woman's attempt to take her dispute with a nursing home to trial, arguing the verbal consent for an arbitration agreement was sufficient.  Gail Crowe, the daughter of deceased…

Assisted Living Community Makes A Business Case To Add Skilled Nursing

July 22, 2018, Lois Bowers, McKnight's Senior Living - At a time when many senior living community owners and operators are reducing their number of skilled nursing beds and many investors are shying away from the property type, one Texas assisted living community recently expanded…

CareTrust Expands Into South Dakota With Acquisition Of Former ManorCare SNF

July 19, 2018, Maggie Flynn, Skilled Nursing News - CareTrust REIT, Inc. (Nasdaq: CTRE) acquired a 99-bed skilled nursing facility in Aberdeen, S.D., and added the property to its existing master lease with Salt Lake City-based Eduro Healthcare, LLC.  The facility, now known as Prairie Heights…