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CVS Health Explores Sale of LTC Pharmacy Omnicare
Nov 2, 2022 · The company’s stock price rose 2.3% to rest at $96.80 per share at market close on Wednesday. The news comes just a few months after former president Jim Love stepped down at the end of April. Love had served as Omnicare president since April 2020.
48 States Saw Nursing Home Occupancy of 80% or Worse as 2021 …
Jan 25, 2021 · CLA found that out of the 48 continental U.S. states, none are reporting occupancy higher than 80%, with New York the top state at approximately 79%; Texas has the lowest SNF occupancy at approximately 56%.
Cheat Sheets and Timely Visits: How SNFs Can Support Doctors' …
May 2, 2019 · Under PDPM, set to take effect October 1, Medicare reimbursements for skilled nursing providers will be more closely tied to resident conditions — in general, operators will receive higher reimbursements for patients with more complex medical problems and …
Changemakers: Tim Fields, CEO and Co-Founder, Ignite Medical …
Jun 3, 2020 · Ignite Medical Resorts is a chain of short-term rehab facilities that aims to provide a hospitality-like experience and outcomes-based partnerships with hospitals and payers. Learn how CEO Tim Fields and his co-founder Barry Carr disrupted the traditional post-acute care model and adapted to the changing industry trends.
How the Ensign Group’s CEOs — All 78 of Them - Skilled Nursing …
Dec 15, 2019 · Ensign Group is a publicly traded operator of 213 skilled nursing facilities across 13 states, led by a network of regional CEOs with diverse backgrounds and incentives. The company focuses on local market adaptation, strategic partnerships, and turnaround projects, and expects to recover from its spin-off of The Pennant Group.
Skilled Nursing Facilities Could Lose $6 Billion to $9 Billion Over ...
Apr 16, 2020 · Both the skyrocketing cost of PPE and struggles to secure adequate staffing are already causing serious pain for SNFs as they try to combat the surge of the disease among their residents and front-line staff, and the coming cash flow challenges could make those problems even worse in the months to come.. The type of facility most vulnerable to ending up in a negative cash position is the same ...
Golden LivingCenters Rebrands to Brickyard Healthcare
Feb 7, 2022 · Golden LivingCenters, a former large U.S. nursing home operator, has changed its name to Brickyard Healthcare to reflect its regional focus and mission. The company operates 23 skilled nursing facilities in Indiana and offers short term rehabilitation, long-term care, Alzheimer's and dementia care.
AllyAlign Partnership Launches Curana Health to Grow Value …
May 3, 2022 · From 2015 to 2021, institutional special needs plan (I-SNP) enrollees grew 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 …
DOJ Reopening Medicare Fraud Case Against Philip Esformes – …
Nov 10, 2023 · The Department of Justice (DOJ) is attempting to reopen the case of nursing home mogul Philip Esformes – convicted of one of the biggest Medicare frauds in history – and whose 20-year sentence was commuted by President Donald Trump, and an article in Mother Jones magazine provides a deeper look into the case.. Together with his father, Morris, Esformes came to co-own a slew of skilled ...