The future of nursing homes lies in a community hub model: expert
By
Amy Novotney
Apr 09, 2021
To remain financially viable in a post-COVID world, nursing homes need to think more broadly and consider ways that they can serve as a hub for other aging services. That’s the message presented to the...
Welltower exits real estate relationship with Genesis
By
Amy Novotney
Mar 03, 2021
Welltower is largely ending its operating relationship with skilled nursing operator Genesis HealthCare, the real estate investment trust announced late Tuesday.
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...
COVID-19 pushed SNF occupancy below 75% in June: NIC
By
Amy Novotney
Sep 14, 2020
June occupancy rates for skilled nursing properties hit a new record low of 74.8% in June. But the general downturn may be stabilizing, according to a report from the National Investment Center for Seniors...
Maryland announces plan to stop funding nursing home COVID-19 testing, prompting industry outcry
By
Amy Novotney
Jul 30, 2020
Costs related to coronavirus testing forced Maryland state leaders to peg August 15 as the date the state will no longer be able to pick up the tab for mandatory weekly COVID-19 testing of nursing home...
During a pandemic that has hampered nursing homes’ most profitable business — post-surgery rehab — some facilities have been admitting COVID-19 patients to ease the burden on overwhelmed hospitals,...
Nursing home industry on verge of financial collapse, group claims
By
Amy Novotney
Jun 11, 2020
Even before the industry was dealing with the COVID-19 pandemic, the average nursing home was operating on a razor-thin profit margin or net loss. That’s because Medicaid reimbursements only cover 70%...
Debates arise over who should foot the bill for nursing home worker testing
By
Amy Novotney
Jun 10, 2020
Regular COVID-19 testing of nursing home staff, who are the most likely to introduce the virus to a facility and spread it to residents, has been sanctioned by experts as one of the most important ways...
Nursing homes continue fight for legal immunity
By
Amy Novotney
May 27, 2020
Nineteen states have granted nursing homes new immunity from civil liability either by executive order or statute, according to a report in TheHill Monday.