Category: Industry News

HCR ManorCare = ProMedica SeniorCare

HCR ManorCare ProMedica is rebranding the nursing home chain. ProMedica acquired the operations of HCR ManorCare in 2018. The chain was owned by private equity giant The Carlyle Group. The care was known to be deficient. Now, the HCR ManorCare chain of nursing homes and other senior living facilities will be under the “ProMedica Senior Care”

CMS Reimbursement Rules for 2021

Cutting Therapy The Trump Administration issued new reimbursement rules that cut funding for therapy to nursing home residents. CMS announced the final rules for physician pay, and cutting physical and occupational therapy payments for nursing homes patients by 9%. Last year, therapy providers took an 8% cut. Lobbyists for the nursing home industry have warned

Special Focus Facilities

The Skilled Nursing News reported on a bill that would expand the Special Focus Facilities (SFF) program. The SFF designation applies to facilities with major systemic problems. The worst of the worse. However, Sens. Pat Toomey and Bob Casey, both of Pennsylvania, are calling for expanded oversight of these poorly performing nursing facilities. The problem

The “Fauci Effect”

Dr. Anthony Fauci is director of the National Institute of Allergy and Infectious Diseases. Fauci is a true American hero. The youth of America seems to agree. Even as college and university enrollment overall has dropped this fall, a record number of applicants to medical school exists.  Experts call it the “Fauci Effect”. The number

Rewards for Nursing Home Industry

Another Bailout The Department of Health and Human Services announced that another $1.1 billion in COVID-19 relief funding will go to the nursing home industry.  The payments will be distributed immediately and will continue through January 2021. HHS said the additional $1.1 billion for nursing homes builds on the incentive payment program. This is on

Industry Still Profitable

The Ensign Group returned another $23 million in federal coronavirus relief funding after achieving another “record quarter.”  In August, the operator announced it had returned about $109 million in relief funds. The move comes as Ensign touted record earnings for the third quarter in a row. Port explained that operations have continued to see an increase

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