Bullish on deals, cautious on construction: NIC experts forecast market outlook
By
Kimberly Marselas
Sep 25, 2024
Ownership groups and lenders may be equally bullish about the senior housing and care market in the year ahead, but that doesn’t mean borrowers should expect a stampede of lending offers for all their...
Senator rails against ‘punitive’ CMS, nursing home staffing rule in floor speech
By
John Roszkowski
Sep 25, 2024
US Senator Kevin Cramer (R-ND) criticized the new federal minimum staffing rule for nursing homes during a speech on the Senator floor Tuesday, saying the mandate will exacerbate staffing shortages, reduce...
Nursing homes get good news as telehealth extensions, CNA assistance advance
By
Kimberly Marselas
Sep 19, 2024
A key House committee this week advanced several bills designed to ease nursing home hiring and ensure expanded access to telehealth for another two years.
CMS submits 75,000 pages to federal court to justify nursing home staffing mandate
By
Kimberly Marselas
Sep 15, 2024
The Department of Health and Human Services filed more than 75,000 pages of rule-making records with a federal court Friday, beginning its formal defense of its controversial nursing home staffing mandate.
‘Softening the edge’: Fed’s interest rate cut puts possibilities back on the table for SNF borrowers
By
Kimberly Marselas
Sep 18, 2024
The Federal Reserve cut a key interest rate for the first time since 2020, a move that could begin to make borrowing easier for cash-strapped nursing home operators.
LTC advocates push feds to get creative on pay for physicians, therapists left out of incentives
By
Kimberly Marselas
Sep 11, 2024
A federal proposal to cut a key factor used to calculate physician pay is especially troubling to some professionals who support skilled nursing facilities because they’re left out of key pay incentives.
Nursing homes owner says federal agency wrong to claim ‘willful, repeated violations’ in $375K overtime...
By
Jessica R. Towhey
Sep 05, 2024
The owner of a group of Rochester, NY-based nursing homes says that a payroll vendor erred in calculating overtime owed to employees during COVID, despite an announcement from the US Department of Labor...
Mood of the Market Part 3: Amid unforgiving regulatory burden, some nursing home leaders buoyed by new...
By
Kimberly Marselas
Sep 11, 2024
The looming federal staffing mandate is already being viewed as a threat to the sector’s newfound, delicate appreciation for work-life balance.
Staffing agencies to pay $700K for overcharging nursing homes
By
Kimberly Marselas
Aug 28, 2024
Two national staffing agencies will pay more than $700,000 combined to resolve allegations that they billed long-term care facilities too much for nursing services in one of the two states with rate caps.
PruittHealth CEO named Quality Champion for 2024
By
Kimberly Marselas
Aug 28, 2024
Neil Pruitt Jr., a second-generation nursing home owner who greatly expanded the chain bearing his name while remaining focused on resident outcomes, has been named winner of the sector’s highest individual...