News

Seniors Housing A 'Best Bet' For Investors: Report

January 17, 2018, Lois Bowers, McKnight's Senior Living - The aging population, the variety of seniors housing property types that exist to address older adults' varying needs and the strong return on investment make seniors housing one of the “expected best bets” for investors…

Lawmakers Suspect Kindred Of Misspending Public Funds Before Closures At LTC Facilities

January 17, 2018, Kimberly Marselas, McKnight's Long-Term Care News - A group of state legislators is asking Massachusetts' attorney general to investigate Kindred Healthcare's plans to close four nursing homes and an assisted living facility in and around Boston, accusing it of…

Senior Housing M&A Spending Drops Sharply To End 2017

January 16, 2018, Mary Kate Nelson, Senior Houisng News - The dollar volume of senior housing and care acquisitions dropped at the end of 2017—and tax reform may be partly to blame.  Approximately $1.85 billion worth of seniors housing and care properties traded hands in the fourth quarter…

Documentation Key For SNFs As CMS Targets Improper Discharges

January 16, 2018, Tim Regan, Skilled Nursing News - Better record-keeping could help skilled nursing facilities protect themselves from litigation or penalties as regulators looks to cut down on improper discharges.  The Centers for Medicare and Medicaid Services (CMS) last month announced…

Investors' Top Worries For Seniors Housing In 2018

January 16, 2018, Lois Bowers, McKnight's Senior Living - The changing regulatory environment may be top-of-mind for senior living owners and operators, but that is not the case for seniors housing investors, developers, lenders and brokers — at least those whose opinions are conveyed…

Judge Erases $347 Million Verdict

January 16, 2018, Kimberly Marselas, McKnight's Long-Term Care News - A federal judge in Florida has tossed a $347 million False Claims Act verdict against a nursing home operator, saying there wasn't evidence the government would have withheld payment if aware of the billing violations…

LCS Starts To Execute On New CEO’s Agenda

January 15, 2018, Tim Mullaney, Senior Housing News - Joel Nelson officially took the reins as Life Care Services president and CEO on Jan. 1, and the company is making moves on some of the top priorities he identified after being named to the position.  The Des Moines, Iowa-based company…

SNFs: Time To Step Up, Not Give Up

January 12, 2018, Anne Tumlinson, McKnight's Long-Term Care News - The design of the BPCI-Advanced program appears, at first glance, to offer little opportunity for SNFs looking to redesign their business models and take episodic healthcare risk alongside hospitals and payers. …

Sabra Health Care REIT Sells 20 More Genesis SNFs

January 5, 2018, Steve Monroe, Senior Care Investor - After already announcing that it has put on the market 35 of its properties leased to Genesis HealthcareSabra Health Care REIT has successfully sold 20 of them to an undisclosed buyer for $103 million. …

Investors Excited About Independent And Assisted Living: Report

January 5, 2018, Lois Bowers, McKnight's Senior Living - Investors this year will be more attracted to “lifestyle-focused” segments of seniors housing as opposed to healthcare-focused ones, because of healthcare reform and changes to Medicare and Medicaid, according to a new report…