Tag Archives: skilled nursing

Genesis HealthCare’s ACO Growing Through Partnerships

Genesis HealthCare is the leading provider of inpatient services through 384 skilled nursing, assisted/senior living and behavioral health centers

It’s a New Year, But Omnicare Continues to Disappoint

Continuing weak margins due to staffing struggles, recent generic introductions, and decreasing reimbursements remain the leading drivers of the poor results

PharMerica Strengthen’s Position in Pacific Northwest

PharMerica has acquired PropacPayless, an independent senior living and long-term care pharmacy based in Vancouver, WA, from Moda Health. PropacPayless has more than 34,000 clients, primarily in the Northwest and West. With this new partnership, companies will build on PropacPayless’ customer relationships while using PharMerica’s scale, proximity and clinical programs to serve the senior living, […]

PDPM Driving Efficient Use of Data in Skilled Nursing

In July 2018, CMS finalized a new case-mix classification model, the Patient Driven Payment Model (PDPM), that, effective beginning October 1, 2019, will be used under the Skilled Nursing Facility (SNF) Prospective Payment System (PPS) for classifying SNF patients in a covered Part A stay. This new reimbursement model is requiring coding changes and education […]

Does CVS Health Have the Right Strategy for Omnicare?

CVS Health executives, after poor fourth quarter and full year 2018 financial results as a result of its long-term care business, reaffirmed that the growth opportunity with Omnicare was always focused on the independent and assisted living spaces. CVS Health believes those opportunities still exist and are consistent with the company’s strategy of putting the […]

Telehealth Use by Skilled Nursing Growth Continues

The use of telehealth, or telemedicine, continues to grow across the skilled nursing market

The Ensign Group Acquisition Strategy Paying Dividends

The Ensign Group (Ensign), a leader in the long-term care market, reported an adjusted net income of $102.1 million for 2018, a 38.3% increase over the previous year. Ensign reported almost $191 million in revenue from its transitional and skilled services segments, a 36% increase over the previous year. Ensign is a holding company with […]