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...
COVID-19 pushed SNF occupancy to lowest levels since 2012 in March: NIC
By
Amy Novotney
Jun 02, 2020
Skilled nursing occupancy numbers suffered their biggest hit since 2012 in March, as the initial effects of the COVID-19 pandemic began to set in. According to monthly data released Monday from the National...
Motley Fool: Omega’s SNF-focused portfolio may buffer it from pandemic fallout — or will it?
By
Amy Novotney
Apr 24, 2020
Historically, investors have often viewed independent and assisted living communities — most often paid for out-of-pocket by residents — as safer bets than skilled nursing facilities, which generally...
Proposed SNF tests would cost more than $400 million, AHCA claims
By
Amy Novotney
May 20, 2020
Testing all of the nation’s skilled nursing residents and staff just once for COVID-19 would cost $440 million, according to data released Wednesday from the American Health Care Association/National...
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.
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...
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...
Occupancy rebound gains momentum: NIC
By
Amy Novotney
Jun 12, 2020
The share of organizations reporting an increase in occupancy from the prior month increased to its highest level since early April last week, according to data from the most recent Executive Survey results...
Nursing homes report 18,000 job losses in June, but May was worse
By
Amy Novotney
Jul 06, 2020
Although the healthcare sector overall saw a rebound in jobs in June, nursing homes and other residential care settings continued to see job losses last month. That’s according to monthly job numbers...
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,...