NYC facility halves UTI rate, care costs with ‘practical’ intervention
By
Alicia Lasek
Mar 15, 2021
Gouverneur Health, a 295-bed skilled nursing facility, brought its average UTI rate to 2.13%, — lower than state and national benchmarks — and reduced its related care costs by 52% from the pre-intervention...
Former HCR ManorCare exec Keith Weikel remembered as long-term care ‘titan’
By
James M. Berklan
Mar 12, 2021
Keith Weikel, the former federal Medicaid chief who spent 20-plus years as a top executive for what was once the nation’s largest nursing home chain, is being remembered as one of the industry’s leading...
Also in the News for Friday, March 12
Mar 12, 2021
Biden signs $1.9 trillion COVID relief bill, some providers not happy with planned Medicare cuts included in the package … NIC forms new data analytics company after acquiring VisionLTC … State officials...
93% of SNFs reported no new cases of COVID-19 to end February
By
Danielle Brown
Mar 11, 2021
Coronavirus cases at skilled nursing facilities continued to drop at a dramatic rate following more widespread access to COVID vaccines, according to the latest research from the National Investment Center...
How SNF operators can reposition themselves now to ensure post-pandemic success
By
Danielle Brown
Mar 05, 2021
Long-term care operators must accept their new census realities to successfully adapt operations for post-pandemic conditions, according to one expert.
Medicare revenue a ‘bright spot’ for SNF operators as occupancy hits new low
By
Danielle Brown
Mar 05, 2021
Occupancy at skilled nursing facilities hit another record low to end 2020, but the revenue blow to operators was lessened thanks to the “bright spot” that has been Medicare, according to the latest...
Genesis leaves NYSE, charts path toward recovery but more LTC companies may be in danger
By
Danielle Brown
Mar 04, 2021
Genesis HealthCare announced Wednesday it will voluntarily delist its common stock from the New York Stock Exchange as part of a restructuring plan to improve the company’s financial and operational...
Clinical briefs for Wednesday, March 3
By
Alicia Lasek
Mar 03, 2021
Senior living chief medical officer reflects on COVID a year into pandemic, including vaccine acceptance … NIH halts convalescent plasma trial in ED patients with mild COVID symptoms … Stroke patients...
Welltower dumping most Genesis HealthCare holdings in $880 million deal, strengthens ProMedica joint...
By
Danielle Brown
Mar 03, 2021
Welltower is cutting most ties with beleaguered Genesis HealthCare, the company announced late Tuesday.
Fewer long-term care bargains, but deal size and government support will pique investor interest, experts...
By
Kimberly Marselas
Feb 25, 2021
Despite ongoing worries about census and long-term reputational damage wrought by COVID-19, a trio of experienced skilled nursing investors said Wednesday that opportunities in the sector remain attractive...