News

Health Insurers Optimistic After Meeting With Trump

February 27, 2017, Shelby Livingston, Modern Healthcare - After meeting with President Donald Trump at the White House early Monday, the CEOs of several large health insurers were optimistic about the future of the health insurance industry if the Affordable Care Act is repealed and…

Education As An Investment

February 27, 2017, Larry Bradshaw, McKnight's Senior Living - When I started college, I really wasn't sure it was for me based on my first-year academic performance. In fact, I initially declared I wasn't returning to college after my first year, much to my family's, including my future wife's,…

PharMerica Plans To 'Get Aggressive' About Assisted Living

February 26, 2017, Lois Bowers, McKnight's Senior Living - Long-term care pharmacy company PharMerica Corp. intends to launch a new initiative focused on assisted living to increase its share of that market this year, CEO…

Potential $2 Billion REIT Has Big Senior Housing Plans

February 26, 2017, Mary Kate Nelson, Senior Housing News - CNL Healthcare Properties II, a non-traded real estate investment trust (REIT), has entered into its first senior housing acquisition agreement since the U.S. Securities and Exchange Commission (SEC) declared its initial…

CMS Anti-Fraud Contractors May Consolidate Under Trump Administration

February 24, 2017, Emily Mongan, McKnight's Long-Term Care News - The Centers for Medicare & Medicaid Services' anti-fraud contractors could consolidate as part of President Donald Trump's plan to cut federal spending, some experts believe.  CMS awarded seven contracts through its…

Genesis Lays Off Staff In $50 Million Cost-Cutting Move

February 23, 2017, Tim Mullaney, Senior Housing News - Census and labor pressures continued to hit the skilled nursing and post-acute sector hard at the end of 2016, prompting industry giant Genesis HealthCare (NYSE: GEN) to take major cost reduction initiatives, including laying off corporate…

Genesis Lays Off Staff In $50 Million Cost-Cutting Move

February 23, 2017, Tim Mullaney, Senior Housing News - Census and labor pressures continued to hit the skilled nursing and post-acute sector hard at the end of 2016, prompting industry giant Genesis HealthCare (NYSE: GEN) to take major cost reduction initiatives, including laying off corporate…

Advocates 'Shocked' At Medicaid Proposals' Potential Impact On Nursing Facilities

February 23, 2017, Emily Mongan, McKnight's Long-Term Care News - Advocates for seniors were stunned when they recently learned that a Medicaid overhaul proposal may be included in a upcoming bill to replace the Affordable Care Act (ACA), one group leader reported Wednesday.

How Senior Living Can Capture Value With Home Care Partnerships

February 22, 2017, Alana Stramowski, Senior Housing News - Society is heading toward a major shift in 2020, when the growth rate for those 85 and older will accelerate. To be able to handle that, there needs to be an infrastructure that will keep up. Senior housing providers and investors…

Welltower CEO: Occupancy Down, But Oversupply ‘Not Our Story’

February 22, 2017, Mary Kate Nelson, Senior Housing News - Despite seeing pressure on occupancy, Welltower (NYSE: HCN) isn’t preoccupied with the idea of senior housing oversupply. In fact, leadership at the Toledo, Ohio-based health care real estate investment trust (REIT) feels confident…