NIC Notes

Insights in Seniors Housing & Care

Regulatory Environment  |  Seniors Housing  |  Skilled Nursing

Identifying Trends in CMS Skilled Nursing Penalties

By: Ryan Brooks  |  November 23, 2021

Updated November 23, 2021 (original blog posted June 29, 2021). The primary tool CMS has for enforcing care standards at skilled nursing properties are civil monetary penalties (CMPs), which are essentially fines for facilities found to be out of compliance with CMS care standards. Based on a national average, CMS penalties for skilled nursing properties had been on the rise from 2016 to the third quarter of 2019.

Business Environment  |  Ideas and Discussion  |  Regulatory Environment

SBA Offers Financing Options:  A Conversation with Alex Cohen of Liberty SBF

By: NIC  |  November 02, 2021

Senior living providers and investors are familiar with the financing options from Fannie Mae, Freddie Mac, and HUD. Less well known are the government-subsidized loan programs for healthcare facilities through the U.S. Small Business Administration (SBA). Liberty SBF is a specialty finance company that offers SBA, conventional and bridge loans.  

Regulatory Environment  |  Skilled Nursing

Identifying Trends in CMS Skilled Nursing Penalties

By: Ryan Brooks  |  June 29, 2021

The primary tool the Centers for Medicare & Medicaid Services (CMS) has for enforcing care standards at skilled nursing properties are civil monetary penalties (CMPs). CMPs are essentially fines for facilities found to be out of compliance with CMS care standards. Based on a national average, CMS penalties for skilled nursing properties had been on the rise from 2016 to the third quarter of 2019.  

COVID-19  |  Regulatory Environment

Treasury Releases $350B in State and Local Recovery Funds

By: Ryan Brooks  |  May 12, 2021

On Monday, the U.S. Department of Treasury announced the launch of the Coronavirus State and Local Fiscal Recovery Funds, established by the passing of the American Rescue Plan in March. The recovery funds provide $350 billion in emergency funding for eligible state and local governments and provide substantial flexibility for each jurisdiction to meet local needs—including support for households, small businesses, impacted industries, essential workers, and the communities hardest-hit by the crisis.

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