Only Two-Thirds of Nursing Homes Profited in Last Three Years

The future success of skilled nursing facilities (SNFs) is hanging in the balance, as a recent report found that one-third of operators had a zero total margin or net loss even before sequestration occurred. Net income margin for SNFs was cut nearly in half between 2010 and 2012 to 0.99%, according to a report from consulting […]

Nursing Home Industry’s Largest Trade Groups to Merge

The nursing home industry’s two largest trade groups, the American Health Care Association (AHCA) and The Alliance for Quality Nursing Home Care, announced on Tuesday an agreement to combine their operations into one organization. The merger is expected to be complete by July 1, and the new entity will retain the AHCA name. Details of […]

Ten-Year Forecast for Nursing Home Sector: $65 Billion in Medicare Cuts

The nursing home sector is facing a cumulative $65 billion in cuts to Medicare payments in the next ten years, according to a data analysis by Avalere Health LLC that tallies the cumulative Medicare funding reductions resulting from several different budgetary actions and regulatory changes made by Congress and the Centers for Medicare & Medicaid […]

SNFs Facing an $800 Million Bludgeoning in Medicare Cuts Under Budget Control Act

Medicare-funded skilled nursing facilities are poised to absorb nearly $800 million in cut funding in fiscal year 2014 through mandated reductions under the Budget Control Act, according to a new Avalere Health Analysis funded by nursing home trade group The Alliance for Quality Nursing Home Care. The top ten states most affected by sequestration-related budget […]

Avalere Analysis: “Bad Debt” Cuts Will Reduce SNF Payments by $3 Billion

On the heels of the average 11.1% cuts in Medicare payments to skilled nursing facilities that went into effect last October, Congress is also cutting Medicare reimbursements for “bad debt,” leaving facilities in a strapped position that will likely lead to staffing reductions and a lesser quality of care, according to a Spring 2012 report […]