News

Brookdale Enters Into Agreements With Ventas

April 27, 2018, PRNewswire - Brookdale Senior Living Inc. (BKD) ("Brookdale" or the "Company") today announced that it has entered into definitive…

Welltower Acquires QCP For $1.95B, Health System To Take Over ManorCare

April 26, 2018, Tim Mullaney, Skilled Nursing News - The fates of skilled nursing giant HCR ManorCare and its former landlord, Quality Care Properties (NYSE: QCP), have been determined.  Welltower Inc. (NYSE: WELL), one of the largest U.S. health care real estate investment trusts (REITs),…

Summary Of Proposed Changes To HUD's LEAN 232 Loan Documents

April 25, 2018, Pepper Hamilton LLP - In an effort to summarize the highlights of the LEAN Email Blasts that we receive, we at Pepper Hamilton are providing this quick synopsis of the latest LEAN update.   Our aim is to provide pertinent information succinctly as a roadmap to the LEAN Email…

What Should Long-Term Care Make Of These Scathing Reviews?

April 23, 2018, John O'Connor, McKnight's Long-Term Care News - In any given year, McKnights.com publishes nearly 1,000 news stories and hundreds of blogs.  The various pieces tend to address issues you might expect: new regulations,…

Most Who Collect Long-Term Care Insurance Benefits Not In Nursing Homes

April 23, 2018, Kimberly Marselas, McKnight's Long-Term Care News - The evolving nature of long-term care insurance policies means fewer beneficiaries end up in nursing homes, according to the American Association for Long-Term Care Insurance which released…

After Protecting 55 Sites, Consulate Health Care Looks To Stay In Business At Another Florida SNF

April 23, 2018, Kimberly Marselas, McKnight's Long-Term Care News - Fresh from negotiating an agreement that protects licenses at 55 of its 77 Florida facilities, Consulate Health Care is working to win back its right to provide skilled nursing services — and get paid by Medicaid…

N.Y. Operator To Sell Off A Third Of Skilled Nursing Facilities

April 22, 2018, Alex Spanko, Skilled Nursing News - Absolut Care, a skilled nursing operator based in upstate New York, will sell off four facilities, reducing its footprint in the area by a third.  New operator Personal Healthcare will take over a pair of 40-bed facilities in Eden and Dunkirk,…

As Managed Care Grows, Skilled Nursing Providers Have Leverage

April 22, 2018, Maggie Flynn, Skilled Nursing News - Skilled nursing providers are continuing to add increased value for managed care payors, and they need to be willing to tout it in contract negotiations, according to recent comments by Anthony Laflen, Director of Data Analytics at Consonus…

20% Of Long-Term Care Insurance Claims Begin In Assisted Living, Association Says

April 22, 2018, Lois Bowers, McKnight's Senior Living - Almost 20% (19.7%) of long-term insurance claims begin in assisted living communities, according to an analysis of 2017 claims data released Friday by the American Association…

Building In Tampa Bay Area

April 20, 2018, Steve Monroe, Senior Care Investor - The Tampa Bay seniors housing market continued its rapid pace of growth, marked most recently by a brand-new assisted living and memory care community developed by Pridgen Development and equity investor Lindell…