News

Blake Management Group’s Back At It

May 16, 2018, Steve Monroe, Senior Care Investor - Construction has begun at a brand-new senior living community in Fort Mill, South Carolina (Charlotte MSA).  Mississippi-based Cardinal Ventures is developing the $15 million project, which will be called The Blake at Baxter…

To Build, Or To Buy

May 16, 2018, Ben Swett, Senior Care Investor - One thing on the minds of many is that in these heady times in senior care M&A and development, investors are faced with a dilemma: whether to build, or buy (or both).  Ben Swett here filling in for Steve Monroe, who is currently…

Senior Care Workforce Almost 90% Female, But Demographics Are Changing

Women account for the vast majority of health care workers in the senior living space — though the proportion of young male workers is on the rise, a new analysis from senior living industry…

Five Star’s Skilled Business Continues To Struggle

May 15, 2018, Alex Spanko, Skilled Nursing News - Five Star Senior Living’s (NYSE: FVE) standalone skilled nursing assets continued to cause headaches for the provider, which saw occupancy and revenues again take a tumble in the first quarter of 2018.  Occupancy at the Newton, Mass.-based…

Growing Operator Sees New Hospital As ‘Beachfront’ Property

May 15, 2018, Alex Spanko, Skilled Nursing News - Seizing the opportunity to stake out a spot adjacent to a major hospital project, one skilled nursing provider in Maryland decided to build the first new standalone skilled nursing facility that a Washington, D.C. suburb had seen in more than…

Proposed staffing ratio cheered by CNAs

May 14, 2018, Kimberly Marselas, McKnight's Long-Term Care News - A bill in the statehouse would force many New Jersey nursing homes to increase staffing of certified nurse aides, a proposal that was literally cheered by those front-line workers but rejected as an unfunded mandate by local…

Specialties, Complex Patients Get Boost Under New CMS Payment Model

May 14, 2018, Maggie Flynn, Skilled Nursing NewsSkilled nursing facilities that can serve more medically complex patients will be rewarded under the Centers for Medicare & Medicaid Services’ (CMS) proposed Patient-Driven Payment Model (PDPM), according to a new white paper from Integra…

Iowa Wanted To Funnel $1 Billion In Medicaid Money Into Private Nursing Homes

May 13, 2018, Clark Kauffman, Des Moines Register - The federal government has blocked Iowa’s attempts to implement a controversial, billion-dollar plan to funnel more Medicaid money into privately owned nursing homes.  As many as 410 Iowa nursing homes — some…

Amid Issues At Home, Genesis Sees Significant Potential In China

May 13, 2018, Alex Spanko, Skilled Nursing News - Facing headwinds at home, Genesis Healthcare (NYSE: GEN) has embarked on an ambitious plan to tap into the nascent post-acute care market in China — with an eye on capturing just a small fraction of the country’s favorable demographic profile…

Thousands Of Louisiana Eviction Warnings Sent

May 11, 2018, Kimberly Marselas, McKnight's Long-Term Care News - Louisiana officials on Thursday mailed notices of potential evictions to 37,000 Medicaid beneficiaries who could soon lose coverage, including at least 19,000 who might be forced out of nursing homes if the state's…