News

These Contract Types Are Losing Favor In CCRCs

April 16, 2017, Mary Kate Nelson, Senior Housing News -  Plenty has changed in the senior housing industry since the bad old economy of 2007—including the pricing approaches taken by continuing care retirement communities (CCRCs).  Since 2007, the use of Type A and Type C contracts…

HCP Spin-Off Reveals ManorCare’s Dire Financial State

April 16, 2017, Mary Kate Nelson, Senior Housing News - It has been far from smooth sailing for Quality Care Properties (NYSE: QCP) since its spin-off from HCP Inc. (NYSE: HCP) last year.  It was no secret that QCP was formed to take a troubled tenant, skilled nursing provider HCR ManorCare,…

Lawmakers Back Medicaid Changes To Boost Nursing Home Wages

April 10, 2017, Mina Corpuz, LowellSun.com - The entire Lowell delegation is backing a pair of bills that would increase wages for nursing home workers and maintain quality care for patients.  Rep. Tom Golden, a Lowell Democrat, and Sen. Harriette Chandler, a Worcester Democrat, offered bills…

MedPAC Votes Unanimously For Proposed PAC Payment Overhaul To Start In 2021

April 10, 2017, Emily Mongan, McKnight's Long-Term Care News - The Medicare Payment Advisory Council (MPAC) voted unanimously on Thursday, April 6th to recommend an accelerated timeline for implementing a unified, site-neutral payment system for post-acute care providers.

Senior Living CEOs: Go Big On Data, Not On Discounts

April 9, 2017, Alana Stramowski, Senior Housing News - It’s clear senior living has jumped on the technology bandwagon, but can all of the innovative tools bring a low-performing operator to the top?  Some industry leaders think not. Speaking last week at the Senior Housing News Summit in…

Report: Employment Growth In SNFs Below National Average

April 7, 2017, Emily Mongan, McKnight's Long -Term Care News - The skilled nursing industry has shown the slowest average employment growth among healthcare sectors over the last 16 years, according to a 

Ensign Group Buys A 74-Bed Facility To Expand In Iowa

April 7, 2017, Zacks Equity Research - The Ensign Group, Inc. ENSG has acquired the Rehabilitation Center of Des Moines--a skilled nursing operation with 74 beds.  The facility is subject to a long-term lease and the acquisition…

QCP Grants Forbearance To ManorCare, Hints At Major Restructuring

April 7, 2017, Mary Kate Nelson, Senior Housing News - Less than a year after spinning off from HCP Inc. (NYSE: HCP), skilled nursing real estate investment trust (REIT) Quality…

Senior Living Execs Discuss Playbooks For The Worker Shortage

April 6, 2017, Mary Kate Nelson, Senior Housing News - The senior living worker shortage is real, and to make the most out of hiring and retaining employees, executives are thinking outside of the box—and the industry— to find talent.  From comprehensive programs to onboard industry newbies…

Editor’s Take: SNF Cast-Offs, Spinoffs And Pure Plays In Stormy Weather

April 5, 2017, Amy Baxter, Senior Housing News - Health care real estate investment trusts (REITs) underwent major refocusing last year, creating skilled nursing cast-offs, spinoffs and pure plays.  Now, skilled nursing has slipped…