News

In A Health Provider Restructuring, Beware The Master Lease

June 29, 2018, Steven Horowitz, Jane VanLare, Joshua Panas and Benjamin Beller, LAW360 - Operators of health care businesses are already feeling recent industry-specific changes on their bottom lines.  Whether it’s recent regulatory change, business model disruption, technological advances,…

How SNFs Are Cutting Costs

June 29, 2018, Betsy Rust, McKnight's Long-Term Care News - As if managing the health of patients wasn't difficult and time-consuming enough, skilled nursing facilities now have to do more to manage their increasingly complex businesses as well.  Why?  To begin, revenue isn't rising…

‘Big Enough to Matter’: Finding The Sweet Spot Of Skilled Nursing Scale

June 28, 2018, Alex Spanko, Skilled Nursing News - If there’s been one overarching philosophy in skilled nursing over the past year, it’s been the rise of regional: the idea that major…

After Five Years of Ownership, Tryko Partners Refinances PA SNF

June 27, 2018, Ben Swett, Senior Care Investor - Five years after acquiring a 97-bed skilled nursing facility in Easton, Pennsylvania, Tryko Partners is turning to Housing & Healthcare Finance (HHC Finance) to refinance it through HUD.  Originally…

Good Samaritan And Sanford Hospital System Agree To Merge

June 26, 2018, Maggie Flynn, Skilled Nursing News - The Evangelical Lutheran Good Samaritan Society, one of the largest non-profit senior care providers, on Tuesday announced a vote to approve a merger with Sanford Health, a not-for-profit health system.  Good Samaritan has more…

Skyline Costs State $475K After Forced Skilled Nursing Takeovers

June 25, 2018, Maggie Flynn, Skilled Nursing News - The state of Pennsylvania is set to pay Complete HealthCare Resources $475,000 after the  company took over nine skilled nursing facilities operated by Skyline Healthcare, the Reading…

CMS Launches Tool To Help Skilled Nursing Providers

June 22, 2018, Marty Stempniak, McKnight's Long-Term Care News - The federal government launched a new tool on Thursday as part of an effort to give skilled nursing a better vehicle to exchange records with other healthcare stakeholders.  Its new “Data Element Library” is a database…

Skilled Nursing Prices Slide Up With Size

June 22, 2018, Ben Swett, Senior Care Investor - There was a perfect correlation between the size of a skilled nursing facility sold and the average price per bed in 2017.  In general, the smaller the nursing facility, the lower the sale's price, and the larger the facility, the higher the…

House GOP Proposed Budget Takes A Big Whack At Medicare, Medicaid

June 21, 2018, Marty Stempniak, McKnight's Long-Term Care News - A budget proposal released by House Republicans on Tuesday takes a big chunk out of two of skilled nursing's biggest sources of revenue.  Most notably, the new spending plan, which is labeled as “A Brighter American Future,”…

The Sabra-Genesis Sales Keep On Coming

June 20, 2018, Ben Swett, Senior Care Investors - Many of Blueprint Healthcare Real Estate Advisors closings this year have featured a publicly traded REIT divesting skilled…