Ensign Group declares quarterly dividend of 5 cents per share … Nursing facility staffing levels, quality linked to number of COVID-19 cases: study … Pandemic has led more than half of workers to rethink...
Pandemic could push industry to explore new options for nursing homes
By
Amy Novotney
May 04, 2020
As the COVID-19 death toll continues to rise within nursing homes across the nation, many experts have been contemplating ways to better house the country’s most fragile senior population, according...
HHS announces additional $40 billion in distributions to healthcare providers
By
Amy Novotney
Apr 24, 2020
The Department of Health & Human Services announced an additional $40 billion in CARES Act distributions to healthcare providers Wednesday, with checks going out as early as April 24.
Nearly three-quarters of SNFs reported occupancy declines in first half of April: NIC
By
Amy Novotney
Apr 17, 2020
Seventy percent of skilled nursing facility operators saw declines in their occupancy rates compared with one month ago, according to data collected from owners and executives at 146 seniors housing and...
Up to 70% of SNFs may be in a negative cash position by mid-May
By
Amy Novotney
Apr 13, 2020
COVID‐19 is disrupting referral patterns to skilled nursing facilities, resulting in a significant revenue shortfall and cash burn that the fragile skilled nursing ecosystem may not be able to endure,...
Record prices paid for assisted living units, while SNFs top $93,000
By
Amy Novotney
Mar 25, 2020
Before the coronavirus pandemic took over the U.S. economy, the seniors housing and care market was as a roll, according to data released Monday from Norwalk, CT-based Irving Levin Associates. The average...
Financial incentives might tempt facilities to admit infected residents: LA Times
By
Amy Novotney
May 05, 2020
In an industry devastated by the coronavirus, some patient advocates and industry experts fear nursing home operators may seek to take advantage of the premium pay offered for admitting COVID-19-positive...
Forbes: The future of nursing homes looks grim
By
Amy Novotney
May 05, 2020
Although some of short-term pandemic-related costs faced by skilled nursing facilities will likely fade over time, the industry’s current overall model may be financially unsustainable without broad...
NIC report: Half of SNFs reported declines in occupancy rates and a deceleration in move-in rates last...
By
Amy Novotney
Apr 06, 2020
About half of nursing homes saw declines in their occupancy rates last month, according to data collected from owners and executives at 180 seniors housing and skilled nursing operators from across the...
It’s time to re-think nursing home ownership, say senior care experts
By
Amy Novotney
May 22, 2020
In early April, the non-profit San Francisco Campus for Jewish Living’s skilled nursing facility began accepting COVID-positive patients discharged from hospitals, under a directive from the state of...