News

Nursing Home Caregivers Urgently Needed

March 31, 2017, Channel 3000.com - There is an urgent need for nursing home caregivers in Wisconsin.  The state is launching a new program called the Caregiver Career Program to train, retain and recruit more nurse aides.  The Wisconsin Department of Health…

Strawberry Fields REIT Refinances Scottsburg Skilled Nursing Facility

March 31, 2017, Steve Monroe, Senior Care Investor - Six years after initially leasing a skilled nursing facility in Scottsburg, Indiana, and three years after purchasing it, Strawberry Fields REIT LLC is refinancing the facility with a $4.4 million 35-year HUD loan,…

What To Pay For An “A” Quality Assisted Living Community

March 31, 2017, Steve Monroe, Senior Care Investor - It is becoming increasingly apparent that there are two separate markets for assisted living properties between those we consider “A” properties and those that are “B” properties. We first separated out these two markets in 2012 (and did…

Lawmakers Back Limits On Nursing Home Lawsuits

March 31, 2017, Associated Press - West Virginia legislators have voted to tighten limits on lawsuits alleging poor care by nursing homes.  Meanwhile the House has postponed until Saturday voting on the bill to eliminate state funding for greyhound racing and until Monday the bill to legalize…

Senate Committee To Reintroduce Bill Targeting Medicare Audits, Appeals

March 30, 2017, Emily Mongan, McKnight's Long-Term Care News - A bill aimed at expediting the Medicare appeals process is expected to be reintroduced in the coming months, according to one healthcare insider.  The Audit & Appeals Fairness, Integrity, and Reforms in Medicare Act,…

Useless Robots, Smart Apartments: Getting Tech Right In Senior Housing

March 30, 2017, Alana Stramowski, Senior Housing News - The shift from the silent generation to the baby boomers in senior housing is slowly happening, and one large distinction between the generations is that boomers want more tech.  Balancing implementation of certain technologies in communities…

DOJ Likely To Keep Up Scrutiny On Individuals In Healthcare Fraud Cases

March 29, 2017, Emily Mongan, McKnight's Long-Term Care News - The Department of Justice isn't likely to lighten up on individual executives as it investigates and prosecutes healthcare fraud cases, according to one official.  In 2015, then-Deputy Attorney General Sally Yates proposed…

Senior Housing Investments & Transactions: HCP Completes $1.125 Billion Brookdale Sale

March 29, 2017, Amy Baxter, Senior Housing News - Healthcare real estate investment trust (REIT) HCP (NYSE: HCP) completed the previously-announced sale of a portfolio of…

Retail Developer Oppidan Pursues $400 Million Senior Housing Pipeline

March 29, 2017, Tim Mullaney, Senior Housing News - This coverage of the 2017 National Investment Center for Seniors Housing & Care Spring Investment Forum is brought to you by Mainstreet.  As the nation’s largest developer of transitional…

Investor Sentiment At The NIC Conference

March 29, 2017, Steve Monroe, Senior Care Investor - Last week’s 60 Seconds with Steve video greeted everyone attending the NIC Conference in San Diego and asked what…