News

To Stay Ahead Of Shifting Science And Regulations, Signature’s COVID-19 Testing Strategy Goes Digital

June 24, 2020, Alex Spanko, Skilled Nursing News - In the absence of a vaccine or proven treatment for COVID-19, testing will serve as the nursing home operator’s primary weapon against the spread of the virus for an indefinite period.  Widespread baseline testing of nursing facilities was…

Lessons From Nursing Homes In COVID Hotspots: Secure A Lab Now — And Proceed Carefully On Visitation

June 23, 2020, Maggie Flynn, Skilled Nursing News - With the U.S. taking steps toward reopening — at varying paces in varying states –— skilled nursing leaders from the East Coast COVID-19 hotspots of New York, New Jersey and Connecticut had several pieces of advice for their counterparts…

As States Reopen, Nursing Home Operators Can’t Assume They’ll ‘Be In The Clear Forever’

June 22, 2020, Alex Spanko, Skilled Nursing News - As COVID-19 initially swept through nursing homes across the country in March and April, operators and staffers had a key advantage: Just about every state implemented stay-at-home orders that kept public spaces clear for the essential health…

COVID-19 Scrambles PDPM Math, Particularly Around Therapy Minutes: ‘This Will Be A Complete Rebuild’

June 21, 2020, Maggie Flynn, Skilled Nursing News - In the lead-up to the implementation of the Patient-Driven Payment Model (PDPM) on October 1, 2019, consultants, therapists, and the federal government warned operators over and over that therapy minutes would come under intense scrutiny…

Bottom Line: How A Turnaround Consultant Finds Nursing Home Upside Amid COVID-19

June 18, 2020, Maggie Flynn, Skilled Nursing News - Skilled nursing facilities have seen spikes in operating costs with the onset of the COVID-19 pandemic, putting increased pressure on already-tight budgets.  But the increased aid to SNFs from the federal government might help keep some…

NIC CEO Jurutka: COVID-19 Crisis ‘Burning Platform’ For Innovation In Skilled Nursing, Senior Living

June 15, 2020, Alex Spanko, Skilled Nursing News - Calls for systemic overhauls of long-term care and senior living are nothing new.  From operators to government payers to resident advocates, a variety of voices has challenged the status quo with support for new reimbursement systems, creative…

For COVID-19 Testing To Succeed In Nursing Homes, Lab Access Is Critical

June 15, 2020, Maggie Flynn, Skilled Nursing News - Test.  Test.  Test.  That has been the mantra since the earliest days of the COVID-19 pandemic, the flashpoint of criticism over the early efforts of Centers for Disease Control and Prevention (CDC), and the call from multiple skilled nursing…

PDPM Boosts Medicare Rate 9% Early In COVID-19 Crisis: ‘RUGS-IV Would Have Been A Fiscal Disaster’

June 14, 2020, Alex Spanko, Skilled Nursing News - Skilled nursing facilities received a 9% Medicare reimbursement boost during the early days of the COVID-19 crisis under the new Patient-Driven Patient Model, a new analysis has determined — providing a crucial fiscal lifeline that may not…

CMS Posts COVID-19 Data, Survey Reports On Nursing Home Compare As Death Count Approaches 32,000

June 4, 2020, Alex Spanko, Skilled Nursing News - The federal government on Thursday afternoon updated its Nursing Home Compare database to include individual building-level data on COVID-19 outbreaks, following through on a transparency…

Genesis HealthCare’s Shares Double In Value

May 29, 2020, Ben Swett, SeniorCare Investor - Leading up to Genesis HealthCare’s first quarter earnings release and conference call, the company’s share price took off.  The rise started on May 22 when it jumped by 22% on high volume, but then…