Medicaid rates boost LTC Properties amid occupancy struggles and cyberattack during 2Q
By
Kimberly Bonvissuto
Jul 30, 2024
The second quarter went “generally according to plan” except for challenges with occupancy issues at some assisted living communities operated by one company and a major cyberattack that disrupted...
Omega REIT touts ‘strong improvement’ in financials, stabilized occupancy
By
Kathleen Steele Gaivin
Aug 03, 2024
Omega Healthcare Investors has continued to accrue and reorganize its assets in a profitable way, exceeding Wall Street expectations.
Surprise facility visits touted by NM governor a ‘gotcha’ display, exec claims
By
Jessica R. Towhey
Aug 01, 2024
Eleven long-term care facilities in New Mexico obtained a perfect score and 23 more missed a perfect score by one mark during surprise state inspections that took place over a weekend in May.
Nursing homes’ high rate of Immediate Jeopardy tags warrants ‘all-hands-on-deck’ response
By
Jessica R. Towhey
Aug 03, 2024
A return to more “normal” nursing home operations in the post-pandemic world has also often meant a return to certain more serious citations, one industry expert pointed out last week.
New SNF payment rule met with ‘disgust,’ complaints of ‘overreach’
By
James M. Berklan
Jul 31, 2024
Critics wasted little time expressing their displeasure with the government’s final nursing home payment rule for fiscal 2025 after it was released late Wednesday afternoon.
BREAKING: CMS increases abilities to fine nursing homes, hikes Medicare pay by 4.2 percent
By
James M. Berklan
Jul 31, 2024
Nursing homes will be getting a 4.2% Medicare Part A pay raise under the fiscal 2025 final pay rule issued Wednesday. Providers also will be facing a more aggressive fines system.