News

OIG Touts Nearly $3B In Medicare, Medicaid Fraud Recoveries

December 3, 2018, Alex Spanko, Skilled Nursing News - The Department of Health and Human Services’ top fraud watchdog recovered nearly $3 billion from providers in fiscal 2018, a figure that included more than $18 million in improper payments…

No Room For Error As Providers Update Contracts Under PDPM

December 3, 2018, Maggie Flynn, Skilled Nursing News - When sitting down at the negotiating table, rehabilitation companies can often have an edge over the skilled nursing facilities where they provide services.  This is especially true as providers take stock of their costs and care models…

CMS Strengthens Nursing Home Oversight

November 30, 2018, CMS News - Today, the Centers for Medicare & Medicaid Services (CMS) announced actions that will bolster nursing home oversight and improve transparency in order to ensure that facilities are staffed adequately to provide high-quality care.  These actions include sharing…

Report: Troubled Former Golden Living Facilities Highlight Oversight Issues

November 18, 2018, Maggie Flynn, Skilled Nurisng News - Nursing facilities formerly operated by Golden Living in Pennsylvania are still plagued with problems — even as Golden Living continues to own the real estate.  That’s according to an…

Poor Transfers Confuse Residents

November 18, 2018, Alex Spanko, Skilled Nursing News - Attend any industry conference, and you’ll likely hear multiple panels discuss the importance of care coordination: In an era of managed Medicare, accountable care organizations (ACOs), and value-based purchasing, players along the acute…

Are Assisted Living Prices Sustainable?

November 16, 2018, Steve Monroe, SeniorCare Investor - On November 15th, we hosted a webinar entitled “Are Assisted Living Prices Sustainable? Premium Prices for a Premium Product.” …

Five Star Not Shining

November 16, 2018, Steve Monroe, SeniorCare Investor - Hindsight is usually 20-20, and in the case of Five Star Senior Living, looking back two years, the company should have accepted the offer from Gemini Properties and the Thomas brothers of Senior…

Aegis CEO: Therapy Can Still Drive Skilled Nursing Revenue Under PDPM

November 15, 2018, Maggie Flynn, Skilled Nursing News - The new Medicare payment model for skilled nursing facilities upends the old system of rehabilitation minutes driving reimbursement.  With the Patient-Driven Payment Model (PDPM) scheduled for implementation on…

Five Star Must Make Changes To Survive

November 14, 2018, Alex Spanko, Skilled Nursing News - Five Star Senior Living (Nasdaq: FVE) raised concerns Wednesday about its ongoing viability after reporting losses of $50.4 million so far in 2018, and a net loss…

New Medicare Advantage TeleHealth Rules Signal Growing Skilled Nursing Opportunity

November 11, 2018, Alex Spanko, Skilled Nursing News - New guidelines that could open up telehealth coverage under Medicare Advantage represent a serious opportunity for the industry, according to multiple technology providers — especially as the moves signal growing support for remote care…