News

CMS: Federal Nursing Home Visitation Guidelines Generally Trump State Rules, But Integration Ongoing

September 22, 2020, Alex Spanko, Skilled Nursing News - The federal government’s sweeping new rules requiring nursing home visitations in most cases generally usurp state-developed requirements, a top official confirmed this week, but Washington is continuing to work with state governments…

Almost A Year After PDPM’s Implementation, Providers Still Miss Key Payment Drivers

September 22, 2020, Maggie Flynn, Skilled Nursing News - In the months leading up to the implementation of the Patient-Driven Payment Model, the overhaul of Medicare reimbursement for skilled nursing facilities that was implemented last year, several factors emerged as crucial areas for thriving…

Many Impacts of COVID, But “Stupidity” Factor May Grow

September 22, 2020, Steve Monroe, The SeniorCare Investor - The views on where we are in this pandemic are bifurcating, just like in the acquisition market, but we are also dealing with the “stupidity” factor.  Just like in the acquisition market, where values and cap rates have…

The Great Re-Opening

September 18, 2020, Steve Monroe, The SeniorCare Investor - It is fair to say that the economic shutdown, especially as it concerns senior care providers, could have been handled better (you think?).  There was little consistency from state to state, and from one type of senior care provider…

Sentara Healthcare Divesting Entire Skilled Nursing Portfolio

September 18, 2020, Ben Swett, The SeniorCare Investor - As Norfolk, Virginia-based hospital system Sentara Healthcare embarks on its planned merger with North Carolina-based Cone Health, it is first divesting its entire skilled nursing portfolio.  The seven…

CMS Floats New Infection Control Quality Measure For Nursing Homes

September 15, 2020, Alex Spanko, Skilled Nursing News - The federal government this week opened a public comment period on a proposed new quality metric that would measure each nursing home’s ability to curb the spread of infections.  The metric would be risk-adjusted based on a complex formula,…

Home Health’s LHC Predicts Caps On Nursing Home Capacity — But Doesn’t Want To ‘Eviscerate’ SNFs

September 13, 2020, Alex Spanko, Skilled Nursing News - Major home health care provider LHC Group (Nasdaq: LHCG) is already preparing for a future in which in-home services don’t necessarily replace skilled nursing facilities entirely, but pick up growing levels of slack after reform efforts…

How COVID-19 Units Helped Nursing Homes Weather The Storm — And How They Can Fight The Flu This Fall

September 13, 2020, Maggie Flynn, Skilled Nursing News - When the COVID-19 pandemic began to gather momentum in the U.S. in spring, one of the earliest strategies for combatting the virus in skilled nursing facilities was to cohort patients with the disease in designated areas — or even set…

Markups, Supply Concerns Loom Over Federal Nursing Home Testing Push: ‘We Don’t Have Anything Like A Free Market’

September 9, 2020, Maggie Flynn, Skilled Nursing News - The federal government on Tuesday announced a plan to send a new set of point-of-care COVID-19 testing devices, from the medical device manufacturer Abbott, to nursing homes starting next week.  And while the new round of devices is…

Multifamily Construction Continues Amid Coronavirus

September 9, 2020, Lew Sichelman, Multi-Housing News - Despite what some have called the Great Lockdown, most construction lenders are not throwing in the towel, at least not completely, according…