Pandemic hits Genesis hard, putting firm’s future in doubt
By
Danielle Brown
Sep 01, 2020
Adverse effects from COVID-19 forced Genesis HealthCare to raise “substantial doubt” about its ability to operate in the near future. Genesis executives detailed their concerns during a second-quarter...
September Business Briefs
Sep 01, 2020
Monticello provided $14 million in first lien debt financing for a Wisconsin skilled nursing facility portfolio, the lender announced in August. The financing will be used to refinance two SNFs and acquire...
An answer to wound care in the senior care community
By
Brian Wallace
Sep 01, 2020
Although telehealth may provide solutions to some pandemic-induced healthcare challenges, due to wound care’s complexities, the solution is not that easy.
Diabetes risk impacted more by excess weight than genetics, experts say
By
Alicia Lasek
Sep 01, 2020
Bringing weight below an individualized “trigger” threshold could prevent or even reverse the disease, the results of a new study indicate.
‘Last thing nursing homes need is COVID-19 and flu at the same time,’ expert warns
By
Danielle Brown
Aug 26, 2020
This year, appeals will be stronger than ever for skilled nursing employee to get the flu vaccine. Many observers are already imploring operators to make flu vaccination mandatory because of potential...
Clinical briefs for Thursday, August 20
By
Alicia Lasek
Aug 20, 2020
Masks, protective gear remain hard to get for small buyers … Major coalition urges catch-up on missed vaccinations due to pandemic … ‘Failed’ Alzheimer’s research should be re-evaluated in light...
Providers push back against report that ‘unfairly and inaccurately’ criticized operators’ lobbyists...
By
Danielle Brown
Aug 18, 2020
The nation’s largest nursing home association is pushing back after a major national media outlet criticized the long-term care industry’s lobbying efforts aimed at helping providers survive the public...
More than 70% of nursing homes say operations unsustainable under current conditions
By
Danielle Brown
Aug 14, 2020
A vast majority of nursing home operators don’t believe they’ll be able to sustain operators for another year if current conditions caused by the public health crisis continue. That’s according to...
Genesis questions company’s viability after pandemic causes $213M in lost revenue, skyrocketing expenses
By
Danielle Brown
Aug 12, 2020
Adverse effects from the coronavirus have forced Genesis HealthCare to raise “substantial doubt” about its ability to operate in the near future.
CVS Health ‘well positioned’ to serve LTC with future COVID-19 vaccine
By
Danielle Brown
Aug 06, 2020
Long-term care facilities that receive pharmacy services from CVS Health should have sufficient access to a COVID-19 vaccine, once one is ready, executives stated Wednesday morning.