Rethink - Skilled Nursing News

Between the release of a "secret" list of underperforming nursing homes and multiple hearings on Capitol Hill, the skilled nursing industry has found itself under the regulatory and media microscope for most of 2019. And for the most part, Mark Parkinson thinks that's a good thing. The president and CEO of the American Health Care Association sat down with Skilled Nursing News to discuss why trans...

Care Providers Oklahoma President & CEO Nico Gomez by Skilled Nursing News

The challenges of government reimbursement and shifting consumer demand have hit non-profits in the skilled nursing space particularly hard. Many of them have exited the business entirely, with independent non-profits and local governments moving to cut their losses and sell. Non-profit continuing care retirement communities (CCRCs) have also shied away from the sector, with some companies explori...

Stephen Rosenberg founded Greystone 30 years ago with the modest goal of forming his own consulting shop after an executive stint at Dean Witter Reynolds. But over time, Rosenberg and Greystone built a name for themselves in the health care and multifamily housing lending space, growing to encompass a portfolio of $34 billion — with a major stake in the government-backed financing of skilled nursi...

Amid the revolution sweeping Medicare reimbursements for skilled nursing facilities — from PDPM to value-based purchasing — Medicaid has quietly emerged as a prime threat to operators across the country. Reimbursement rates in multiple states don't cover the daily cost of caring for Medicaid residents, forcing buildings to close or endure disruptive receiverships across the country. As the CEO and...

Skilled nursing provider OnPointe and its CEO, Eric Tanner, are all in on care coordination, with a specific focus on determining what hospitals want to hear when looking for preferred post-acute partners. Despite a recent setback with landlord MedEquities, Tanner remains upbeat about OnPointe's position in the marketplace, focusing on the ways his company's buildings can solve local hospitals' co...

Earlier this year, Betsy Rust and Plante Moran released a report with a fairly explosive thesis: Margins for skilled nursing facilities had actually been on the rise between 2016 and 2017. But the senior care advisory firm was quick to point out that the report only considered Medicare reimbursements — with Medicare Advantage and Medicaid strains working to wipe out the Medicare fee-for-service ga...

By making patient condition and characteristics the driver of reimbursement, over the number of therapy minutes provided to a patient, the Patient-Driven Payment Model coming in October has changed the game for rehabilitation and skilled nursing providers alike. And Aegis Therapies, which is based in Frisco, Texas and provides third-party rehabilitation to more than 500 nursing homes and senior ca...

Based on the last few years, Genesis Healthcare should be on the ropes — significant quarterly losses, lease restructurings, and public criticism from one of its primary landlords have weighed on the skilled nursing giant. But the Kennett Square, Pa.-based operator closed out 2018 with cautious optimism, both from financial analysis firm Stifel and CEO George Hager, who predicts smoother sailing a...

From the federal government to Avalere Health to the advisory firm that bears her name, Anne Tumlinson has been a leading voice on the business of long-term health care in the United States. As CEO of Anne Tumlinson Innovations, she hears from providers around the country, who tell her about their struggles and successes with new payment models — including managed Medicare and accountable care org...

Rick Matros has made a name for himself as one of the most outspoken leaders in the long-term health care space, offering blunt assessments of certain operators’ business models and the future of the skilled nursing industry at large. Listen to our interview with Matros and hear: -- How Sabra plans to grow in the years ahead after adding CCP’s assets and shedding Genesis’s properties -- Matros’s t...