Employee layoffs begin as Five Star exits SNF business
By
Amy Novotney
Apr 27, 2021
Five Star Senior Living has begun notifying states that it intends to close its skilled nursing units at several long-term care facilities around the country.
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...
SNF occupancy hits record low again in January: NIC report
By
Amy Novotney
Apr 06, 2021
Occupancy continued to be challenged as the skilled nursing industry navigated the first months of 2021, according to the latest monthly skilled nursing data report from the National Investment Center...
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...
Increasing private rooms, developing specialty will help SNFs stay competitive post-pandemic: report
By
Amy Novotney
Mar 03, 2021
When the dust settles from the COVID-19 pandemic and demand begins to rebound, skilled nursing operators will need to adapt to changing market conditions. To do so, facilities must pursue operational improvements...
Lawmakers consider prohibiting creation of any new for-profit nursing homes
By
Amy Novotney
Mar 03, 2021
Amid a package of 19 nursing home reform bills released Friday by the New York State Assembly, one measure seeks to prohibit the creation of any new for-profit skilled nursing facilities in the state,...
SNF investors focus on needs-based model, expect census return by mid-2022
By
Amy Novotney
Feb 25, 2021
Amid the all-too-frequent headlines of “nursing home deaths,” federal and state deficits, increased competition from home health agencies and historic low occupancy levels while wage pressures continue,...
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...
Parkinson: Skilled nursing still amid business nightmare
By
Amy Novotney
Feb 03, 2021
As COVID-19 vaccines continue to be rolled out at skilled nursing facilities and assisted living communities nationwide, the “clinical nightmare” soon will be in the long-term care industry’s rearview...
Almost a fourth of SNFs reported staff shortages by end of 2020: report
By
Amy Novotney
Feb 01, 2021
The number of skilled nursing facilities reporting a shortage or nurses, aides or doctors increased dramatically last year, according to an analysis of government data released last week by the U.S. PIRG...