Investment The bipartisan law commits $550 billion in spending to repair and rebuild America’s infrastructure. America certainly needs to repair, upgrade, and modernize infrastructure. The investment will create good American jobs across the country. The law provides: $75 billion to build charging stations for electric vehicles, $73 billion to upgrade the country’s electrical grid, $66
Oversight is finally back for nursing home operators. CMS’s new memo directs investigators to review nurse competency, staffing, and residents’ quality of care. Investigators need to address unplanned weight loss, traumatic falls, injuries of unknown origin, abuse/neglect or pressure injuries. CMS warns that States must adhere to the new survey guidelines or risk losing 5% of
The vast majority of legal analysts understand that CMS has the legal authority to require vaccines for healthcare providers to protect vulnerable patients. 76,000 Medicare and Medicaid funded providers have until Dec. 5 to achieve 100% staff vaccination by Jan. 4. The requirement may apply to more than 17 million healthcare workers. More than 14
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,
Remind me again why we need to bail out the nursing home industry again? Ensign Group executives are predicting their operators will soon exceed the mark after another “record quarter.” The California company reported occupancy improved by 2.8% — from 71.6% to 74.4% — when comparing the third quarter of 2020 to the quarter ended
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
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