The Centers for Medicare & Medicaid Services (CMS) issued a proposed rule on July 6 to update payment policies and rates that will go into effect for services furnished on or after January 1, 2013. LeadingAge has a list of some key provisions that will affect senior care providers: Primary Care and Care Coordination “For […]
Category: Skilled Nursing
As assisted living regulations evolve, Medicare and Medicaid reimbursements fluctuate, and healthcare reform begins to take effect, many states are facing their own challenges as they continue to develop, operate, and implement new rules and programs. Here is a collection of long-term care related news bites from across the nation. From the Detroit Free Press—Detroit […]
More than one-fifth of short-stay nursing home residents fall after they’ve been admitted, but better certified nursing assistant (CNA) staffing has been linked with a lesser risk of falling, according to a study published in the Journal of the American Geriatrics Society. After looking at 2006 Minimum Data Set (MDS) assessments of all Medicare/Medicaid patients […]
An increasingly popular means of reducing the institutional nature of senior-care facilities, the household model is “a living arrangement where all activities of daily living occur within a small-scaled environment, reminiscent of a large family home” [citation]. Typically, a senior-living campus will have multiple households containing 10 to 20 units each. In 2010, we examined […]
Senior housing and care REIT LTC Properties, Inc. (NYSE:LTC) announced on Monday that it had acquired a skilled nursing facility located in Brownwood, Tex. for $6.5 million. The facility has 90 licensed beds and has been added to an existing master lease with Senior Care Centers at an initial cash yield of 9.0% and an […]
In case you missed it, here’s a list of senior housing and care transactions covered by Senior Housing News in the first half of 2012, starting from those published most recently and dating back to January. June Senior Housing Sales & Acquisitions MBK Senior Living Acquires Ariz. Independent Living Community for $31.9 Million Chartwell Sells […]
Genesis HealthCare will acquire Sun Healthcare Group, Inc. (NASDAQ:SUNH) in a $275 million transaction announced on Wednesday. The merger follows a December letter to Sun’s board of directors by the investment manager of one of the healthcare company’s largest investors, calling for a sale to a larger industry player. The combined companies will create the […]
The tides of change are rolling in for the skilled nursing industry, and perhaps none is more aware of what is to come than Daniel Mendelson, the CEO and founder of Avalere Health, a business strategy and public policy firm focused on the nation’s healthcare problems. Senior Housing News recently got a chance to pick Mendelson’s […]
Senior Living Investment Brokerage, Inc. recently facilitated the sale of an 86-bed skilled nursing and assisted living facility located in Rose Hill, Kans. for $4.25 million, or about $55,900 per bed. Rose Hill is a one-story, approximately 33,000-square-foot facility that sits on 5.5 acres of land. The skilled nursing section has 56 beds and was […]
In the healthcare world, skilled nursing facilities are often a stop for elderly patients transitioning home from the hospital, but an emerging “hospital at home” model could eliminate that stop by keeping some chronically ill patients at home the whole time. Kaiser Health News reports: “Hospital at home” programs fundamentally refashion care for chronically ill […]
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