SRZ Management acquires Missouri SNF from National Healthcare Corp., plans to preserve the property
By
Amy Novotney
Nov 25, 2020
St. Louis-based skilled nursing and rehab operator SRZ Management announced this week that it has acquired a 282-bed skilled nursing facility from Nashville, TN-based National Healthcare Corp.
California nursing home fined nearly $100K for COVID-19-related workplace violations
By
Amy Novotney
Nov 24, 2020
California state workplace regulators issued one of the largest fines yet to a Bakersfield, CA, nursing home for COVID-19 related workplace violations, according to local media reports.
Skilled nursing occupancy hit new record low of 71.7% in December: NIC
By
Amy Novotney
Mar 05, 2021
Just as recent efforts to vaccinate long-term care patients and frontline healthcare workers began at the end of December, occupancy at the nation’s skilled nursing facilities reached its lowest level...
Staff burnout, disengagement are most disruptive forces facing skilled nursing: survey
By
Amy Novotney
Mar 23, 2021
Provider burnout, disengagement and the resulting shortages that follow are the most disruptive forces facing healthcare providers, including those in long-term care, over the next three years. That’s...
AHCA warns that two-thirds of nursing homes are operating at a loss
By
Amy Novotney
Dec 17, 2020
The COVID-19 pandemic is pushing many skilled nursing operators close to bankruptcy, according to a new survey by the American Health Care Association. The organization surveyed 953 nursing home operators...
Skilled nursing occupancy hits new low of 73.8%: NIC
By
Amy Novotney
Nov 05, 2020
The trend of declining occupancy rates for skilled nursing continued in August as a result of the ongoing effects of COVID-19. Operators saw occupancy rates fall another 81 basis points from July to August,...
More than 6 in 10 Americans now say they would rather die than live in nursing home: survey
By
Amy Novotney
Dec 09, 2020
In a blow to the skilled nursing industry, 61% of Americans now report that they would rather die than live in a nursing home. That’s according to a Nationwide Retirement Institute survey of almost 1,300...
AHCA/NCAL: CMS Accelerated Payment program providing quick support
By
Amy Novotney
Apr 16, 2020
The surest bet for quick financial help for long-term care operators right now appears to be through the Centers for Medicare & Medicaid Services’ Accelerated Payment Program, Consolidated Billing Services...
Senior housing and care facilities could help employ today’s out-of-work restaurant, hotel and retail...
By
Amy Novotney
Mar 20, 2020
As COVID-19 spreads, keeping a full staff will be one of the most pressing issues skilled nursing and senior living facilities will face, experts say. That’s because caregivers who come in contact with...
Signature HealthCARE lays off 100 employees at its Louisville headquarters
By
Amy Novotney
Jun 15, 2020
Louisville, KY-based nursing home chain Signature HealthCARE will cut 100 jobs at its headquarters due to the coronavirus pandemic, according to The Courier Journal.