Mood of the Market Part 3: Would-be quitters are sector’s ‘wake-up call’
By
Kimberly Marselas
Sep 08, 2023
The share of nursing home leaders “seriously considering quitting” their jobs has fallen just below the 50% mark for the first time since the early pandemic, according to new results in the 2023 McKnight’s...
Timing narrows on White House-led staffing rule; funding remains in question
By
Kimberly Marselas
Mar 10, 2023
A White House budget released Thursday proposes no new ways to recruit or pay for more nursing home workers, even as federal officials are expected to unveil a minimum staffing standard in coming weeks.
BREAKING: CMS to audit antipsychotic use, immediately post disputed deficiencies
By
Kimberly Marselas
Jan 18, 2023
The Centers for Medicare & Medicaid Services announced Wednesday morning that it will conduct targeted audits to determine whether nursing homes are accurately assessing and coding individuals with a schizophrenia...
In McKnight’s 2023 Mood of the Market, nursing home managers warn to pay up, be flexible to stem...
By
Kimberly Marselas
Oct 10, 2023
The staffing crisis in long-term care is showing signs of easing, but many building leaders still want higher pay and more flexibility in exchange for the extra work they’re putting in, according to...
Staffing ‘instability’ might be new mandate metric; providers gear up for battle
By
Kimberly Marselas
Jan 11, 2023
Average day-to-day staffing levels may be a key way to measure impact on nursing home care quality, a new study finds as federal regulators move closer to their goal of a proposed staffing mandate.
Rising costs squeeze employees, put facilities ‘years behind’: 2022 McKnight’s Mood of the Market
By
Kimberly Marselas
Aug 18, 2022
Nursing home administrators say inflation has most affected costs for nurses and other labor over the last year, but higher charges are also forcing many to close wings, restrict admissions and put off...
Inflation’s up. Providers’ insurance bills are likely next
By
Kimberly Marselas
Oct 03, 2022
Rising commercial insurance rates combined with coverage prices that typically outpace cost-of-living increases spell almost certain upcoming hikes in providers’ liability and commercial policies, according...
LTC corporate execs get moderate raises, eye-popping bonuses
By
Kimberly Marselas
Feb 22, 2024
Corporate executives of multi-site long-term care organizations banked an average raise of 3.7% in 2023, according to a new report issued Wednesday.
There’s often a wide gap between what managers think today’s healthcare workers want and what’s truly in demand, differences that can lead to dissatisfaction and hinder recruitment efforts.
Nursing homes will see a higher-than-expected 4.0% increase in their Medicare Part A payments in fiscal 2024, per a finalized Centers for Medicare & Medicaid Services rule publicized late Monday. But major...