News

HHS Inks Deal With CVS, Walgreens To Distribute COVID-19 Vaccines To Nursing Homes

October 16, 2020, Alex Spanko, Skilled Nursing News - Retail pharmacy heavyweights Walgreens Boots Alliance (Nasdaq: WBA) and CVS Health (NYSE: CVS) have entered into agreements with the federal government to distribute the eventual COVID-19 vaccine to nursing home residents at no cost, President…

A Message From ASHA's President

October 16, 2020, David Schless, ASHA - Here’s an update on ASHA's key areas of focus: advocacy, public relations, industry news, meetings and research.…

Median Skilled Nursing Operating Margin Remained At Zero In 2019, With More Pain To Come Amid COVID

October 15, 2020, Maggie Flynn, Skilled Nursing News - Even with limited data due to COVID-19, an annual benchmarking report found that the operating margin for skilled nursing facilities remained at zero for 2019.  And given the costs of managing operations during the pandemic — to say nothing…

COVID-19 Antigen Test Confusion Highlights Need For Better Federal Guidance For SNFs, Experts Say

October 12, 2020, Maggie Flynn, Skilled Nursing News - One state’s ban on the use of point-of-care tests for COVID-19 in skilled nursing facilities has been withdrawn after sharp criticism from the assistant secretary of the Department of Health and Human Services (HHS).  But the incident…

Parkinson: CARES Act Will Keep Nursing Homes ‘Above Water’ In 2020, But Closures Loom In 2021

October 12, 2020, Maggie Flynn, Skilled Nursing News - As skilled nursing operators gather themselves together to prepare for their new era in the wake of a pandemic that has upended their sector in particular and society more broadly, there are significant lessons to be learned from the…

The Pandemic’s Senior Housing Capital Stack Impact

October 8, 2020, Jeff Hamann, Multi-Housing News - Although COVID-19 has led to a sector-wide shake-up, members of a panel at the NIC fall conference detailed how the outlook for assisted and independent living properties looks positive in the long term.  It’s no secret the senior…

Retrofitting Senior Housing Design For A Post-Pandemic Environment

October 7, 2020, Evelyn Jozsa, Multi-Housing News - Although the global health crisis is changing design standards, some trends are here to stay, according to Hord Coplan Macht Principal David Segmiller.  The senior housing industry was one of the first sectors to feel…

Medicare Advantage’s Strength During COVID-19 To Drive Expansion Into New Markets, 50% Adoption By ’24

October 7, 2020, Alex Spanko, Skilled Nursing News - While the skilled nursing landscape continues to struggle both operationally and financially during the COVID-19 pandemic, those same negative forces have only served to strengthen private health plans — putting Medicare Advantage in an…

Predicting The Post-Pandemic Landscape For Nursing Homes: Three-Day Rule Will Return, I-SNPs Prove Worth

October 7, 2020, Maggie Flynn, Skilled Nursing News - The federal authorities that regulate skilled nursing facilities issued a slew of changes to the rules governing nursing home care in the early months of spring as part of efforts to curb the spread of COVID-19 in the facilities.  Some…

Welltower Continues To Divest

October 6, 2020, Ben Swett, The SeniorCare Investor - For news on Welltower’s leadership change, please watch “60 Seconds with Steve” above.  The…