Sabra optimistic about skilled nursing, despite $77M first quarter loss
By
Marty Stempniak
May 10, 2019
Skilled nursing landlord Sabra Health Care posted a more than $77 million loss for the first quarter of 2019, stemming partly from its dealings with a troubled operator. But company officials said they...
Advocates say block grant plan will starve nursing home funds
By
Marty Stempniak
May 10, 2019
Tennessee nursing home resident advocates are slamming the state’s bid to move its Medicaid program to a capped block grant system to limit spending growth.
Also in the News for Friday, May 10
By
Marty Stempniak
May 10, 2019
Governor signs bill requiring nursing homes to obtain informed consent before prescribing antipsychotics … Back and forth continues: Thousands of nursing home workers authorize new strike date … CEO...
Appellate court upholds nursing home’s $1.2 million fine for inadequate dental care
By
Marty Stempniak
May 09, 2019
An appellate court has upheld a $1.2 million fine levied against a West Virginia nursing facility that failed to follow through on the extraction of one resident’s teeth.
Survey finds less than half of nursing facility C-suites include someone with nursing background
By
Marty Stempniak
May 09, 2019
Nursing leaders are sorely lacking among the top managerial ranks at many skilled care operators, a new survey has found.
Omega nears finish line on $600M merger with MedEquities; may give additional relief to struggling tenant
By
Marty Stempniak
May 09, 2019
Omega Healthcare is close to completing its $600 million acquisition of smaller fellow nursing facility landlord MedEquities Realty Trust, officials said Wednesday.
Also in the News for Thursday, May 9
By
Marty Stempniak
May 09, 2019
Landlord CareTrust announces ‘fast start’ to 2019 with $290M in acquisitions, more on horizon … State eyes at least $15M more for state’s struggling nursing homes … Police: Morphine swapped for...
Researchers cast doubt that Medicare Advantage plans are actually cutting costs
By
Marty Stempniak
May 08, 2019
Medicare Advantage plans have long touted lower costs and better care for beneficiaries. But a new Kaiser Family Foundation study indicates seniors who are flipping to private plans already used fewer...
Ensign Group spinning off non-nursing facility business to give SNF-wary investors a crack at other assets
By
Marty Stempniak
May 08, 2019
Skilled nursing facility operating giant Ensign Group provided more insights Tuesday into why it’s spinning off most of its non-SNF assets into a new and separate company.
Study: Ransomware the No. 1 cyber threat for healthcare providers
By
Marty Stempniak
May 08, 2019
Ransomware attacks are the biggest data breach threat facing nursing facilities and other healthcare institutions, a new analysis finds.