Five Star faces threat of possible stock delisting, might sell SNFs
By
Marty Stempniak
Nov 15, 2018
After a rough third quarter, a Massachusetts-based senior care provider faces an uncertain future, with the possibility of its shares being delisted from the Nasdaq.
State Medicaid program plans to pay only for drugs that work
By
Marty Stempniak
Nov 15, 2018
The state of Michigan’s Medicaid program is launching a new initiative that would pay only for drugs that have proven their efficacy in treating patients.
State may slash education rules for nursing home administrators and even they cry ‘foul’
By
Marty Stempniak
Nov 14, 2018
The state of Pennsylvania is considering easing education requirements for nursing home leaders, despite opposition from both providers and patients.
Federal court issues divergent arbitration decisions
By
Marty Stempniak
Nov 12, 2018
Two West Virginia nursing facilities received very different answers from federal judges in requests to enforce arbitration agreements.
CMS proposes changes to help bolster Medicaid managed care; providers see a mixed bag
By
Marty Stempniak
Nov 09, 2018
The federal government is proposing “significant” changes to private Medicaid plans that it hopes will relieve regulatory burdens and allow states more flexibility. Skilled care providers, however,...
Election results ‘overall good’ for skilled nursing, top advocate says
By
Marty Stempniak
Nov 08, 2018
The results of Tuesday’s mid-term elections may be a mixed bag for America’s two biggest political parties, but it’s a likely a net positive for the skilled nursing field.
More earnings news: Omnicare parent still downbeat on skilled nursing; LTC Properties takes caution on...
By
Marty Stempniak
Nov 08, 2018
Omnicare parent CVS Health beat analyst estimates on Tuesday, but the company said it’s seeing continued struggles in its long-term care pharmacy business. It’s been about three years since the company...
Sabra terminates leases with Senior Care Centers; ‘I’m not happy about it,’ CEO says
By
Marty Stempniak
Nov 07, 2018
Sabra Health Care is cutting ties with its largest operator and selling 36 skilled nursing facilities.
Changes must be made to nursing home ratings to better depict patient safety: Study
By
Marty Stempniak
Nov 06, 2018
The standard measure for capturing quality at nursing homes does not paint an accurate picture of patient safety, and changes are needed to aid residents in their decision making.
Senators claim nursing homes unprepared for natural disasters in scathing report issued Friday
By
Marty Stempniak
Nov 05, 2018
Nursing homes were woefully unprepared for natural disasters last year, and more regulation and oversight may be needed, the ranking member of the U.S. Senate Committee on Finance said in a report issued...