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CMS Final Rule Calls for Ongoing Respiratory Illness Reporting through NHSN for Nursing Homes

Hall Render

Effective Date The Final Rule is scheduled to be published on November 7, 2024, with an effective date of January 1, 2025. The COVID data reporting through the National Healthcare Safety Network (“NHSN”) was first required of nursing homes in May 2020 through an interim final rule. Revised 42 CFR Section 483.80(g)

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Take advantage of HANYS’ new advocacy tools

Hanys

We're telling legislators to stabilize New York's hospitals and nursing homes and protect New Yorkers' access to care. Our new fact sheets explain why the final SFY 2024-2025 budget must: Close the Medicaid gap. Reject Medicaid cuts. Provide low- and no-cost relief.

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Thammasat University Hospital taps NEC Thailand to digitise elderly care

Healthcare It News

Last year, the company launched a proof of concept trial of NEC's Japan-borne digital elderly care system called Mimamori in a nursing home in Chiang Mai. The building is targeted to be launched in 2025 with 200 beds. Based on projections, senior folks would make up 30% of the population by 2040 from just 10% today.

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Weekly HCRE Briefing: States and Nonprofits File Suit Against CMS Over SNF Minimum Staffing Rule | Lease-Purchase Agreement on the Ballot in Palm Springs

Hall Render

Twenty states and 19 nonprofit organizations filed a lawsuit against HHS and CMS over recent nursing home minimum staffing mandates. The plaintiffs allege the final rule “poses an existential threat” to the nursing home industry. Hall Render published a recent article with tips on applying for disaster relief.

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Weekly HCRE Briefing: SNF PE Firm’s Bankruptcy Filing Alleges Real Estate Lending Scheme | Health Systems Continue to Invest in Spine and Ortho Facilities Nationwide

Hall Render

A recent report by Moody’s forecasted hospital operating margins to stay low in 2025 due to a steep rise in health care wages and reimbursement rates that are not keeping pace with rising costs. Nursing home REITs anticipate rising deal volume in the sector as occupancy rates improve and reliance on agency labor has decreased.

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Weekly Health Care Real Estate Briefing: California Allocates $19B to Health Care Programs I Best Places to Open an ASC I Housing is Health Care

Hall Render

Some advisors expect M&A activity in the nursing home industry to remain strong in the second half of 2023 due to higher returns on a stabilized basis for SNF properties, compared to other property types, and the potential for ancillary service revenue for some operators.

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Weekly Health Care Real Estate Briefing: $69M FCA Settlement Involved Non-Market Leases | SNF, Assisted Living and Senior Housing Show Signs of Rebound | HCRE Design and Construction Trends

Hall Render

The South Carolina House of Representatives unanimously voted to repeal CON regulations for most health care facilities (excluding nursing homes). The 90,000-sf facility will offer eye care and orthopedic outpatient surgery services and is expected to open in 2025.