Money moves
New York Nursing Home Wage Parity Law Takes Effect
Facilities must now pay direct care workers at least $22.50/hour under the new state mandate.
Policy watch
House Ways and Means Holds Medicare SNF Benefit Hearing
Testimony focused on the three-day stay rule and its impact on beneficiary access.
Heads up
Heat Wave Triggers Enhanced Monitoring Requirements
State agencies issued guidance on preventing heat-related illness in vulnerable residents.
Deal watch
Publicly Traded Operator Completes Going-Private Transaction
Shareholders approved the $1.4B buyout by a private equity consortium.
The bottom line
Payment pressures, workforce challenges, and regulatory complexity define another week in SNF operations.