Big-dollar deals in the seniors housing sector continue to drive up per-bed prices, according to the latest figures from Irving Levin Associates Inc.
HCP spins off troubled HCR ManorCare
By
Jun 06, 2016
HCP Inc. will spin off HCR ManorCare, its skilled nursing and assisted living portfolio, into an independent real estate investment trust, the company announced in May.
Kindred quits: dumping SNFs
By
James M. Berklan
Dec 06, 2016
Kindred Healthcare Inc., which operated more than 200 nursing homes less than a decade ago, is pulling the plug on its skilled nursing facilities.
McKnight’s earns APEX honors
By
Marty Stempniak
Aug 09, 2018
McKnight’s Long-Term Care News has once again earned national honors in the 30th annual APEX Awards for Publication Excellence competition.
New CMS chief stirs provider anticipation
By
Apr 05, 2017
Long-term care provider groups were complimentary of Seema Verma following her mid-March confirmation as administrator of the Centers for Medicare & Medicaid Services.
Therapy buck stops at SNF
By
James M. Berklan
Oct 01, 2014
A legal settlement involving two long-term care companies accused of not sufficiently controlling their contracted therapy provider’s billing practices has created anxieties among skilled nursing...
HHS issues rule that speeds up appeals
By
Elizabeth Newman
Feb 05, 2017
A Department of Health and Human Services final rule may allow providers to move more quickly through the backlog of 700,000-plus Medicare-related appeals.
DOJ forces observation stay showdown
By
James M. Berklan
Sep 01, 2014
Hospitals have been cast in a harsh light by long-term care advocates recently for allegedly over-using “observation stay” status. The practice can ultimately deny some patients subsequent...
Senators see flaws in RAC payment system
By
Elizabeth Newman
Aug 01, 2013
Aspects of the Medicare Recovery Audit Contractor program came under intense scrutiny during a Senate Finance Committee hearing in June. Lawmakers questioned auditor payment incentives and a sluggish appeals...
Florida jury delivers $1.1 billion verdict
By
John O'Connor
Sep 01, 2013
A Florida jury has awarded $1.1 billion in damages to the family of a former nursing facility resident. The amount is believed to be one of the highest ever leveled against a nursing home.