News

PE Firm Buys High-Medicaid Assisted Living Community

February 21, 2018, Steve Monroe, Senior Care Investor - Despite having a nearly two-thirds Medicaid census, an assisted living community in Bellingham, Washington still maintained a healthy profit margin and sold to a California-based private equity firm.  Built 40 years ago, the 66-unit…

Bad Flu Season, But That’s Not The Story

February 21, 2018, Steve Monroe, Senior Care Investor - It is a horrific flu season, but it may be unfairly blamed for current seniors housing woes.  So, we have all been hearing about this horrible flu season, especially with the unusual number of children’s deaths, including…

Michigan Inching Toward Privatizing Long-Term Care

February 21, 2018, Kimberly Marselas, McKnight's Long-Term Care News - Michigan is laying the groundwork to privatize its $2.8 billion Medicaid nursing home and long-term care services.  A brief proposal included in the state's 2017-2018 budget calls on the Department of Health…