CareTrust to sell, reformat 32 facilities in seller’s market move
By
Danielle Brown
Feb 18, 2022
California-based real estate investment trust CareTrust plans to sell, re-tenant or repurpose up to 32 facilities in an “unprecedented opportunity to de-risk” its portfolio, executives detailed Thursday.
CMS edicts bring tougher survey conditions to nursing homes
By
Danielle Brown
Nov 15, 2021
More oversight is coming for nursing home providers after the Centers for Medicare & Medicaid Services directed surveyors to take a more critical look at nurse competency and residents’ quality of care...
Firms representing nursing homes can’t sue Illinois, managed care groups for unpaid bills
By
Danielle Brown
Feb 12, 2020
Firms representing nursing homes don’t have the authority to sue the state of Illinois and Medicaid managed care organizations for outstanding bills for beneficiaries, an appeals court has ruled.
Providers plea for support after Trump nixes COVID-19 relief talks
By
Danielle Brown
Oct 08, 2020
President Trump’s abrupt decision to halt negotiations between his staff and federal lawmakers on another COVID-19 relief bill until after the election could mean doom for residents and workers at long-term...
‘Hard to imagine occupancy fully recovers’ before hospital volumes: CareTrust execs
By
Danielle Brown
May 10, 2021
A rebound in skilled nursing occupancy will likely come, but only after patient volumes in hospitals return back to normal, according to CareTrust REIT executives.
Also in the News for Thursday, Feb. 24
By
Danielle Brown
Feb 24, 2022
Supreme Court rejects challenge to healthcare worker vaccination mandate … Nebraska lawmakers want $65 million to help long-term care facilities with staffing … Resolution to sell NY county nursing...
Point-of-care testing could be ‘biggest advance’ in COVID-19 fight
By
Danielle Brown
Aug 10, 2020
The federal government’s point-of-care testing program for nursing homes — outside of a future potential vaccine — could be the “biggest advance” of all in the fight against the coronavirus crisis,...
Invesque continues shift away from skilled nursing
By
Danielle Brown
May 13, 2022
Invesque Inc. continued to reduce its skilled nursing exposure and focus more on seniors housing holdings during the first quarter.
Also in the News for Friday, Aug. 7
Aug 07, 2020
Lawmaker calls on CMS to make COVID-19 nursing home data more reliable … Privately owned nursing homes have higher COVID-19 death, infection rates, study finds … Maryland faces heat for lags in nursing...