PACS reveals strategy behind its move to go public
By
Kimberly Marselas
Mar 15, 2024
PACS Group this week filed to become a publicly traded company, a move the giant long-term care company is promising will allow it to add to its explosive growth in coming years.
Winners announced in 13th Annual McKnight’s Tech Awards
By
James M. Berklan
Sep 21, 2023
RiverSpring Living from the Bronx, NY, was a big winner Wednesday when medalists were announced in the 2023 McKnight’s Tech Awards competition.
Stuck in the middle, LTC pharmacies could be dangerously squeezed by drug price negotiations
By
Kimberly Marselas
Sep 01, 2023
Any lower drug prices that result from White House efforts to negotiate on behalf of Medicare beneficiaries may lead to short-term gains for nursing homes, but there also could be a steep price to pay...
‘Don’t panic — prepare’ experts urge in ‘new era’ of health data
By
James M. Berklan
Feb 29, 2024
Long-term care operators who may think that more complex health data gathering will be important only at the end of this decade, or that it can somehow be evaded altogether, are in for a rude awakening.
Unfunded staffing mandate’s financial requirements a ‘fantasy,’ observers say
By
Kimberly Marselas
Sep 05, 2023
Though a costly national nursing home staffing mandate proposed Friday offers no new financial support for operators, it could trigger more reporting requirements as the federal government tries to spur...
Providers: Staffing rule a CMS ‘fairy tale’ that will ‘exacerbate’ nursing home access issue
By
Kimberly Marselas
Apr 23, 2024
Despite minor concessions in a staffing mandate issued Monday, many nursing home providers were shell-shocked by what they saw as federal regulators’ intractable stance on minimums at a time when nearly...
AHCA offers ‘wake-up call’ on bed and facility counts: 446,000 residents may be displaced
By
Alicia Lasek
Aug 24, 2023
A new report paints a troublesome picture of the US nursing home sector at mid-year, with new facility openings at a standstill, even with the number of beds rapidly declining.
Mood of the Market Part 4: Skilled nursing operators still down about inflation
By
Kimberly Marselas
Sep 15, 2023
While the rate of inflation has cooled considerably this year, very few nursing home leaders are experiencing any relief, according to results of the 2023 McKnight’s Mood of the Market survey.
Fogg clears the air on skilled nursing ‘tailwinds’
By
James M. Berklan
Oct 26, 2023
The headwinds for skilled nursing operators are significantly more numerous than the potential tailwinds, but there are reasons for provider optimism.
‘Hand-to-hand combat’ for workers, strict no-agency policy improve quality and workforce: PruittHealth...
By
Kimberly Marselas
Jul 24, 2023
PruittHealth this spring picked up seven more awards recognizing its quality efforts, but the number of residents who have access to the Georgia-based provider’s innovative and expanding post-acute services...