News

Sabra Health Care REIT, Inc. (SBRA) Announced That It Has Agreed to Purchase a Portfolio of Four Transitional Care Facilities Located in Maryland



June 22, 2015, Global Newswire - On June 22, 2015, Sabra agreed to acquire four skilled nursing facilities that specialize in transitional care and medically complex post-surgical, ventilator and dialysis patients with a total of 678 licensed beds (collectively, the "NMS…

Assisted Living Provider Champions Health Care Partnership Model



June 19, 2015, Elizabeth Ecker, Senior Housing News - "Health care partnership" has become a catch phrase of late in senior living, as providers seek ways to align their missions with local organizations that provide health care to senior living residents. Many are talking about…

MedPAC Calls for Loosening of '3-day' Qualifying Stay, RAC Auditing Reforms



June 15, 2015, James Berklan, McKnights - The Medicare Payment Advisory Commission is recommending allowing nursing home coverage for beneficiaries who have spent as little as one day in hospital inpatient status, combined with up to two days in observation status. The existing…

Genesis to Acquire $240 Million SNF Portfolio From Revera



June 15, 2015, Cassandra Dowell, Senior Housing News - Genesis HealthCare (NYSE: GEN) announced Monday that the company has signed an asset purchase agreement with Revera Inc. to acquire 24 of its U.S. skilled nursing facilities along with its contract rehabilitation business…

Providers Shorten Sales Cycle With New Approach to Online Leads



June 14, 2015, Emily Study, Senior Housing News - The decision to move into senior living is one that takes time — time that senior living providers are often looking to shorten, especially as seasonal occupancy declines drag down operational efficiencies. But with the help…

House Votes to Remove Medicare Cuts from Trade Bill



June 11, 2015, Emily Mongan, McKnights
- The House voted 397-32 yesterday to remove controversial Medicare cuts from legislation that would have used Medicare dollars to help pay for the expansion of the Trade Assistance Adjustment program, giving a victory to providers. The Trade…

NY Times: Graying America Paves Way For Greener Senior Living



June 11, 2015, Emily Study, Senior Housing News
- As baby boomers age and seek healthier, greener senior living alternatives, the number of "eco-conscious" retirement communities — while still rare in the U.S. — is expected to grow in number, according to a recent New York…

Senior Living Provider Tackles Million-Dollar Staffing Crisis



June 11, 2015, Cassandra Dowell, Senior Housing News - As high rates of employee turnover continue to plague the senior living industry — costing operators millions…

Mainstreet Plans Big for $5 Billion in Post-Acute Development



June 10, 2015, Tim Mullaney, Senior Housing News - The nation's largest developer of post-acute, transitional care facilities is set to solidify and strengthen its position with a five-year $5 billion development pipeline and a strategy that could lead to another massive deal…

Experts say Reform Needed to Alleviate LTC Strain on Medicaid



June 10, 2015, Emily Mongan, McKnights - An increasing reliance on Medicaid to pay for long-term care supports and services has put the sustainability of the system in jeopardy, experts warned Wednesday. But individual states are becoming laboratories to test reform measures that…