Industry must capitalize on ‘historic moment’ of change for skilled nursing: expert
By
Amy Novotney
Apr 14, 2021
The COVID-19 pandemic has exposed the country’s long-term care system, particularly in skilled nursing facilities, as “deeply flawed, chronically underfunded and in need of reform,” according to...
Public-private collaboration key to securing long-term care financing for middle-income Americans
By
Amy Novotney
Apr 09, 2021
Recent studies have found that more than half of middle-income seniors will not be able to afford the care they need, and 15% of baby boomers will incur more than $250,000 in long-term care costs. If anything,...
West Virginia to begin offering COVID-19 vaccine to family and caregivers of assisted living residents...
By
Amy Novotney
Mar 31, 2021
Beginning this week, West Virginia will offer COVID-19 vaccinations to family members and caregivers of residents and staff members at assisted living communities as part of its vaccine plan for the long-term...
Senior living indirectly benefits from $5.3T in COVID-19 stimulus offers, but economists concerned about...
By
Amy Novotney
Mar 30, 2021
The U.S. federal government has passed an unprecedented $5.3 trillion in stimulus packages in an effort to help the economy recover from the COVID-19 pandemic. In the short term, these efforts appear to...
Long-term care facilities feeling the heat from surplus supply, despite ongoing demand: Zacks
By
Amy Novotney
Mar 18, 2021
Although the nation’s aging demographics are likely to lead to a surge in demand for long-term care over the next decade, many operators still are feeling pressure from a surplus supply of facilities,...
AHCA, LeadingAge propose $15B in nursing home reforms to address workforce shortages, underfunding
By
Amy Novotney
Mar 16, 2021
The American Health Care Association and LeadingAge Monday released a $15 billion reform agenda, the Care for Our Seniors Act, to address long-standing challenges affecting the quality of care provided...
Diversicare anticipates continued COVID-19 costs for 2021 but reports $1M in savings from Reliant deal
By
Amy Novotney
Mar 15, 2021
The COVID-19 pandemic led to an additional $32 million in healthcare-related expenses last year for Diversicare, and the Brentwood, TN-based skilled nursing operator expects 2021 will be another year of...
Nursing home industry expected to lose $94B over a 2-year period: AHCA
By
Amy Novotney
Feb 10, 2021
The skilled nursing sector is set to lose $94 billion over the two-year period of 2020 and 2021 as a result of ongoing COVID-19 costs and projected losses. That’s according to a new analysis released...
Documentation key in avoiding COVID-19 employment and wrongful death lawsuits
By
Amy Novotney
Jan 22, 2021
As of Wednesday, more than 8,000 COVID-19-related complaints have been filed across the United States, according to a national lawsuit tracker by international law firm Hunton Andrews Kurth. Although many...
Long-term care industry urges action as COVID-19 lawsuit protections remain biggest sticking point in...
By
Amy Novotney
Dec 14, 2020
The Senate approved a weeklong stopgap spending bill Friday to buy time for an elusive pandemic aid bill that already has endured months of fruitless haggling among lawmakers. At this point, bipartisan...