Capital Funding Group SavaSeniorCare moved a 29-asset long-term care portfolio in a deal. The deal included a $262.6 million loan for the refinancing of 29 nursing homes. These 29 nursing homes transitioned to four “regional operators”. It is unclear if the regional operators are related entities to the for-profit chain. The portfolio spans across Colorado,
Technology for Residents Social isolation is terrible in nursing homes. COVID-19 caused shifts in virtual technology use in nursing homes. Nursing homes need to encourage activities, family interactions, and communication for the health and well-being of the residents. As a nursing home lawyer for over 25 years, the lack of family communication is often a
Vaccination is the best safeguard against the highly transmissible Delta variant. 99% of patients hospitalized with COVID-19 are unvaccinated. Residents in nursing homes account for a significant number of COVID-19 infections and deaths. There have been 704,233 COVID-19 deaths in the U.S. Over 50,000 deaths in nursing homes. Becker’s Hospital Review listed the states with
Virginia nursing home residents are in danger. At least, 20% of Virginia’s nursing homes fail to meet expected staffing levels under federal standards. The standard is to provide sufficient and qualified staff to meet the needs of the residents. Poor quality care is inevitable without safe staffing. Associate Health Policy Analyst Kyu Kang warns: “Facilities
Drug diversion occurs when medication is redirected from its intended destination for personal use, sale, or distribution to others. It includes drug theft, use, or tampering (adulteration or substitution). Substance abuse and addiction ravage the nursing profession and nursing home industry. Because of the unsafe working conditions, the short-staffing, and physical toll on the bodies of
Inconsistency AARP’s Nursing Home COVID-19 Dashboard shows good and bad news. Across the U.S., the AARP dashboard shows a very uneven level of vaccination among nursing home workers. The good news is that in areas with high vaccination rates and vaccine mandates, the nursing home residents are thriving. The bad news is places with low