News

Population Health Points To New Operating Paradigms For Housing and Healthcare

November 2017, Andy Edeburn, Principal, Premier Performance Partners, Inc. - As our nation's healthcare system continues its steady march towards population health, there are real imperatives and opportunities for elder housing and healthcare organizations to either move forward or be left…

MHI Announces $425 Million Acquisition Of 42 US Property Portfolio

November 17, 2017, PR Newswire - Mainstreet Health Investments (TSX:HLP-U) ("Mainstreet" or the "Company") today announced that it has entered into definitive agreements with Tiptree Inc. (TIPT)…

New York Initiative To Invest More Than $150 Million In Seniors Housing

November 17, 2017, Lois Bowers, McKnight's Senior Living - New York City plans to invest more than $150 million over the next 11 years to help meet the dramatically increasing housing needs of seniors under an expansive slate of new affordable housing programs, Mayor Bill de Blasio…

Provider Groups Concerns With House, Senate Tax Bills Continue

November 17, 2017, Lois Bowers, McKnight's Senior Living - Provider groups continued to express concerns over provisions in the $1.5 trillion tax reform legislation that passed 227-205 Thursday in the House of Representatives and in the tax reform bill under consideration in the…

Improper Medicare Payments Drop By Nearly $5 Billion

November 16, 2017, Virgil Dickson, Modern Healthcare - The CMS on Wednesday reported that the rate of improper payments doled out by Medicare is the lowest it's been since 2013, accounting for less than 10% of overall Medicare payments.  All in all, the CMS estimated that…

Care Collaboration-Focused Tech Company Raises $47.5M

November 16, 2017, Maggie Flynn, Skilled Nursing News - Care collaboration between providers on the continuum remains a top priority for skilled nursing facilities and other providers throughout the country, especially as new payment models such as bundled payments require operators to work…

Public Buyers Ramp Up Senior Housing M&A Activity

November 16, 2017, Carlos Calma, Senior Housing News - The third quarter of 2017 proved to be a very busy time for mergers and acquisitions (M&A) in the seniors housing space, as seniors housing accounted for $1.5 billion of the total $5 billion in overall transactions volume for the quarter,…

Staffing Crisis Keeps Bad Employees In Senior Living Too Long

Novmbr 15, 2017, Mary Kate Nelson, Senior Housing News - Senior housing providers on the whole may be far too reluctant to let bad employees go, and this could be just as detrimental as the plethora of other staffing challenges they’re facing.  That’s according to Paul Gross, the founder and owner…

Judge Orders DOJ To Pay Legal Fees For HCR ManorCare In Rehab Claims Case

November 6, 2017, Emily Mongan, McKnight's Long-Term Care News - The Department of Justice will have to pay HCR ManorCare legal fees after a judge slammed its handling of a whistleblower case against the provider.  The case,…

GOP Tax Cut Plan Could Force Providers To Close Up Shop, Group Says

November 6, 2017, Emily Mongan, McKnight's Long-Term Care News - A tax cuts bill released Thursday by House lawmakers could be “devastating” for long-term care providers, according to the nation's largest nonprofit provider group.  The Tax…