There was a lot of real wisdom for long-term care operators being shared during the fall shows. The advice was not only overwhelmingly accurate, but also remarkably relevant and beneficial.
5 things I wish I’d known before starting a business focused on SNFs
By
Ari Kalechstein, Ph.D.
Jun 30, 2021
They say it’s more difficult to write one page than five, and that holds true when taking into perspective some 25 years of business experience, of which almost the entirety has been focused on providing...
Business manager pleads guilty to embezzling $460,000 in resident trust fund scheme
By
Elizabeth Newman
Jan 29, 2015
A former nursing home business office manager in Michigan has pleaded guilty to embezzling more than $460,000 from residents.
In defense of the Chaos Muppet
By
Elizabeth Newman
Jun 12, 2012
Muppet theory can change the way we view business, and today is brought to you by the letters L, T and C.
Number of nursing home beds, residents decreasing, report finds
Jun 11, 2009
The number of both nursing home beds and nursing home residents in the United States declined between 1999 and 2004, according to the recently released results of the National Nursing Home Survey: 2004...
ALFA members see bright light at end of dark economic tunnel
May 11, 2009
Senior living executives at a recent gathering of the Assisted Living Federation of America expressed their confidence in the strength of the industry, despite the current economic hardships facing other...
Nursing home stocks rally in wake of Medicare reduction proposal
May 05, 2009
Nursing home operators may be lamenting the government’s proposed Medicare payment cuts, but the stock market has reacted differently. Shares of several publicly traded long-term care chains spiked...
Weak economy forces nursing homes to freeze jobs, delay infrastructure projects, study finds
Apr 30, 2009
A new study finds that difficult economic conditions are restricting nursing homes’ access to capital. As a result, facilities are renegotiating supplier contracts, freezing jobs and holding off...
Average per-bed prices for skilled nursing, assisted living facilities sink in 2008
Mar 13, 2009
After hitting record prices in 2007, the average price paid per bed for skilled nursing facilities fell by 18% to $45,500 in 2008, a new report by Irving Levin Associates Inc. found.
Kindred earnings rise 30% in fourth quarter
Feb 23, 2009
Despite the general economic gloom at the end of 2008, Kindred Healthcare Inc. ended the year strong. Net income rose by 30% in the fourth quarter compared with the same quarter a year earlier.
