Neil Pruitt, CEO of PruittHealth, believes that the movement toward creating all-private rooms for residents represents an ...
Some nursing homes in Kansas have been misclassified as continuing care retirement communities (CCRCs), resulting in the state losing close to $88 million ...
Two Florida-based skilled nursing facilities received $17.4 million in refinancing brokered by CFG, a subsidiary under CFG Bank. This financial ...
Despite a 17.5% Medicaid increase last year, at least 25 nursing homes closed in Pennsylvania since the pandemic began – and a significant financial shortfall remains, leaders said. Closures equate to ...
The Centers for Medicare & Medicaid Services (CMS) is testing out a payment model that would cover all costs associated with an episode of care, including a skilled nursing stay, but it appears that ...
In its Wall Street debut on Thursday, PACS Group’s (NYSE: PACS) shares traded above the initial public offering (IPO) price to raise $450 million in funds. PACS shares closed at $23 per share, up ...
Medicare Advantage plans might lower their payments to nursing homes in 2025, to absorb the federal government’s benchmark rate cut to insurers. Nursing home advocacy groups are worried that this move ...
The nursing home industry, along with other settings in long-term care, is expected to be a central campaign focus for presidential candidates in future elections. One reason is growth of the older ...
OIG: High Facility-Backed Discharges of Mentally Ill Residents From Nursing Homes ‘Raises Questions’
A majority of discharges of mentally ill patients from nursing homes are initiated by facilities due to dangerous behaviors, ...
The Centers for Medicare & Medicaid Services’ (CMS) recently proposed Value-Based Purchasing Program updates include staffing provisions that are being met with provider concern, although other ...
Skilled nursing beds continue to be associated with more operational stress among continuing care retirement communities (CCRCs) this year, despite improved occupancy from 72.4% in 2022 to 82.2% in ...
In an address to care workers and unions, President Joe Biden said Tuesday that the federal government plans to release “in the coming weeks” new rules to bolster the workforce in nursing homes. The ...
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