News

Senate May Consider Block Grant Funding For Healthcare

July 28, 2017, Alyssa Salela, McKnight's Long-Term Care News - The Senate will potentially vote on block grants for states as part of the GOP's effort to overhaul healthcare, Senator Bill Cassidy (R-LA) said on Wednesday.  The plan, one of many amendments expected to be proposed,…

Pay Rates For Nursing Home RNs Increased More Than 3% Last Year, Report Finds

July 28, 2017, Emily Mongan, McKnight's Long-Term Care News - Registered nurses working in skilled nursing facilities now make an average of $27.52 per hour, up 3.33% from last year, new survey results show.  Those findings come from the Nursing Home Salary & Benefits Report 2017-2018,…

Omega Supports Maplewood Growth, Questions $5 Billion Pipeline

July 27, 2017, Elizabeth Jakaitis, Senior Housing News - Omega Healthcare Investors, Inc. (NYSE: OHI) expressed faith in one of its senior living partners during its latest earnings call—but also expressed some apparent reservations with respect to that company’s growth plans.  Omega has…

Rocky Mountain High Bid

July 20, 2017, Blueprint Healthcare Real Estate Advisors - Blueprint is pleased to announce the sale of Sable Care and Rehabilitation Center in Aurora, CO.  The 120-bed skilled nursing facility is favorably located in the Denver metro area, close to the University of Colorado Hospital and…

Pay Cuts Coming For SNFs That Don't Submit Quality Data, CMS Warns

July 20, 2017, Emily Mongan, McKnight's Long-Term Care News - Reimbursement cuts are less than three months away for nursing homes that fail to submit required quality data, the Centers for Medicare & Medicaid Services emphasized to providers in a new memo.  The agency reminded…

Observers Skeptical Of House Republicans' Call To Cut $2 Trillion In Medicaid, Medicare

July 20, 2017, Emily Mongan, McKnight's Long-Term Care News - A budget plan released Tuesday by House Republicans would cut close to $2 trillion from federal healthcare programs — but it's unlikely to get very…

Here’s Why Staffing Keeps Senior Living CEOs Up At Night

July 19, 2017, Tim Regan, Senior Housing News - If the senior living industry faces one imminent challenge related to the looming demand wave, it’s staffing.  Widespread labor shortages and stiff competition in some markets makes hiring good employees particularly challenging these days.…

Is The Carlyle Group Going To Sell HCR ManorCare?

July 19, 2017, Steve Monroe, Senior Care Investor - While we are sure Carlyle would like to divest HCR, they may sell their German SNF company first.  Okay, so is The Carlyle Group going to sell its HCR ManorCare portfolio company or not?  Well, we may not know that answer for…

Five Star Launches Ageility Brand For Push Into Competitors’ Communities

July 19, 2017, Mary Kate Nelson, Senior Housing News - Months after stating that something new was in store, Five Star Senior Living Inc. (Nasdaq: FVE) has officially laid the groundwork to expand its ancillary services beyond the walls of Five Star communities.  The Newton, Massachusetts-based…

Why Staffing Battles Should Not Escalate To ‘Nickel And Dime Wars’

July 18, 2017, Elizabeth Jakaitis, Senior Housing News - Senior living providers nationwide are feeling increased pressure from new competition, including where staffing is concerned.  Providers, after all, want their communities to stand out as great places to work—especially ones that are…