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Court Hands Down 'Historic,' $35.8M Judgment in Nursing Home …
WEBJul 30, 2024 · Court Hands Down ‘Historic,’ $35.8M Judgment in Nursing Home Wage Theft Case. A federal court awarded $35.8 million in back wages and damages to 6,000 current and former workers of Comprehensive Healthcare Management Services, as a result of one of the largest Fair Labor Standards Act (FLSA) …
Nursing Homes Post Job Growth, Higher Wages Amid Expanding …
WEBAug 28, 2024 · Nursing homes posted job growth and wage increases, reflecting broader trends in the health care sector. That’s according to the latest Altarum Health Sector Economic Indicators (HSEI) briefs for August 2024. Nursing and residential care facilities added 9,200 jobs in July 2024. Much of the job growth was fueled by a strong increase in jobs at nursing homes, which saw 6,800 new positions ...
Inside the I-SNP Journey: Nursing Home Operators Unlock …
WEBOct 4, 2023 · As nursing home organizations adjust to a changing environment of reimbursement, Medicare Advantage Institutional Special Needs Plans (I-SNPs) are undergoing rapid growth, with operators pursuing distinct strategies meant to realize financial and operational gains. The benefits of an I-SNP can range from more control over quality, happier clinical staff, reduced administrative burdens ...
Future of the CNA: Nursing Home Reform Efforts, Staffing Crisis …
WEBApr 13, 2022 · Recent calls for nursing home reform and actions from regulators and lawmakers have drawn renewed attention to the role that certified nursing assistants currently play in care centers – and how their role could evolve. Some skilled nursing operators have responded to calls for expanding the CNA role by creating more specialized positions, and legislatures in some states are supporting these ...
Cheat Sheets and Timely Visits: How SNFs Can Support Doctors' …
WEBMay 2, 2019 · Timely physician visits will play a central role in effectively capturing resident conditions — and reimbursements — under the new Medicare payment model.
AllyAlign Partnership Launches Curana Health to Grow Value …
WEBMay 3, 2022 · From 2015 to 2021, institutional special needs plan (I-SNP) from 53,073 to 90,000-plus, according to an analysis from health care consulting firm ATI Advisory. And LTC-backed I-SNPs accounted for 37% of total I-SNP offerings in plan year 2021, ATI’s analysis found. “My perspective is that the value-based care movement is here to stay and it’s going to continue to grow,” Curana Health ...
Evergreen Health Group Closes on EmpRes Acquisition, Adds 42 …
WEBSep 11, 2023 · Evergreen Healthcare Group on Monday announced its acquisition of SNF operator EmpRes Healthcare, and said it will be adding 46 senior care facilities across six states to its footprint, four being seniors housing properties. Tony Cassie, Gideon Orion and Mark Myers with Walker & Dunlop facilitated the sale. Orion said the team had to carefully consider the value of the entire skilled nursing ...
How Nursing Home Providers Can Optimize Reimbursement …
WEBAug 19, 2024 · As the Medicaid payment system transitions across states from RUGS to the Patient-Driven Payment Model (PDPM), nursing home operators must be wary of misconceptions – including that the transitions will always lead to additional Medicaid funds being available – while putting in place the right practices to ensure appropriate payments. The complexities of Medicaid transitions among states ...
Petersen Health Plans To Sell Nursing Homes in $136M Deal, …
WEBJul 9, 2024 · The transaction, currently pending approval in federal bankruptcy court in Delaware, includes the sale of 28 facilities to Petersen Acquisitions LLC. These facilities were acquired from various lenders: X-Caliber Funding and Lument Finance Trust provided $24 million for 20 facilities; Grandbridge Real Estate Capital extended $6 million for three nursing homes; and Kewanee-based Community State ...
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