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Biden Nursing Home Agenda Progresses as Industry Prepares for 2023

For the nursing home industry, 2022 will go down as a historic year, in no small part because the Biden administration announced a comprehensive list of nursing home reforms. The proposals include provisions for minimum staffing requirements, increased financial transparency for operators, and programs to target ‘bad actors’ with financial penalties and increased scrutiny. Not […]

The post <strong>Biden Nursing Home Agenda Progresses as Industry Prepares for 2023</strong> appeared first on Skilled Nursing News.

From CNA to CEO: Skilled Nursing Lags on Internal Promotions Despite Success Stories

Bernie McGuinness, CEO of Majestic Care, always knew that he wanted a rewarding career where he could work with people and make a tangible impact. His pursuit of such a career led him from being a certified nursing assistant (CNA) to the CEO of a nursing home company that he co-founded. Majestic Care now has […]

The post From CNA to CEO: Skilled Nursing Lags on Internal Promotions Despite Success Stories appeared first on Skilled Nursing News.

CareTrust Names Callister New Chief Investment Officer as Lamb to Step Down

CareTrust REIT (NYSE: CTRE) on Monday announced a change in leadership with James Callister stepping into the role as chief investment officer at the end of the year. Current Chief Investment Officer Mark Lamb is stepping down to pursue entrepreneurial opportunities, the company shared in its news release. Callister, who currently serves as executive vice […]

The post CareTrust Names Callister New Chief Investment Officer as Lamb to Step Down appeared first on Skilled Nursing News.

Providence Group CEO: Nursing Homes Must Become a ‘Destination Location’ For Leaders

By addressing the unique needs of each of Providence Group’s 152 facilities, CEO Jason Murray has created what he calls a “destination location for leaders.” Murray has done so because the future of health care, and the nursing home industry more specifically, is local, he said. This decentralized, market model has been replicated by operators […]

The post Providence Group CEO: Nursing Homes Must Become a ‘Destination Location’ For Leaders appeared first on Skilled Nursing News.

Why HUD Financing Has Potential to Propel the Nursing Home Industry Forward

Loans and other types of financing through the Department of Housing and Urban Development (HUD) may be key to incentivizing operators to seek innovation, such as scaling the small home model in a meaningful way – but the program isn’t quite at that point yet. The National Academy of Sciences, Engineering, and Medicine (NASEM) report […]

The post Why HUD Financing Has Potential to Propel the Nursing Home Industry Forward appeared first on Skilled Nursing News.

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