News

Illinois Supportive Living Facilities Lock In $55.3 Million In HUD Loans

April 18, 2018, Maggie Flynn, Skilled Nursing News - Housing & Healthcare Finance (HHC Finance), a commercial finance company based in Washington, D.C., closed four Department of Housing and Urban Development (HUD) loans totaling $55.3 million for a portfolio of four supportive living facilities…

Extra CMS Stars Decrease Chances of Long-Term Nursing Stays

April 17, 2018, Maggie Flynn, Skilled Nursing News - Post-acute residents in skilled nursing facilities with excellent quality ratings are much less likely to transition to long-term care (LTC) than those in lower-quality SNFs, according to a…

Watchdog Says Nearly One-Third Of CMS Telehealth Payments Were Improper

April 16, 2018, Kimberly Marselas, McKnight's Long-Term Care News - The growing drumbeat for greater use of telehealth in long-term care may have encountered a muffler.  Medicare's telehealth program is allowing too many payments to ineligible institutions and non-rural sites, according to…

At Least 9 Lawsuits Against SNFs On Hold As A Result Of Orianna Bankruptcy

April 16, 2018, Kimberly Marselas, McKnight's Long-Term Care News - A bankruptcy filing by Tennessee-based Orianna Health Systems has put at least nine wrongful death lawsuits against the company's nursing homes on hold indefinitely.  "They are stopped in their tracks," Lee Cope,…

Minnesota Seeks To Speed Resolution Of Senior Abuse Claims

April 15, 2018, Lois Bowers, McKnight's Senior Living - The Minnesota Department of Health plans to implement a new electronic system to help it more quickly respond to and resolve reports of abuse in assisted living communities, nursing homes and other long-term care settings.

Senior Living Community Expansions Focus On Independent Living

April 15, 2018, Lois Bowers, McKnight's Senior Living - Independent living has been the focus of not-for-profit senior living community expansion projects over the past several years, according to newly published data from Ziegler.  The specialty investment bank recently looked…

Pricing “A” vs. “B” Seniors Housing Properties

April 13, 2018, Steve Monroe, Senior Care Investor - On Thursday April 12, 2018, we hosted a webinar titled “Pricing “A” vs. “B” Seniors Housing Properties,” where moderator Steve Monroe and panelists Richard Swartz…

Cushman & Wakefield’s Carolina Sale

April 13, 2018, Steve Monroe, Senior Care Investor - For the second time, Prudential Real Estate Investors is selling its large senior living community in Cary, North Carolina, 14 years after the first sale. Originally built in 1999 with 80 independent living units, 36 assisted…

Another Genesis HealthCare Disposition

April 13, 2018, Steve Monroe, Senior Care Investor - In a move to reduce its debt, raise some cash and focus on its core markets, the beleaguered Genesis HealthCare announced a definitive agreement to sell 23 Texas skilled nursing facilities that comprise 22 owned buildings…

Blueprint Pulls Off Multi-Stage Sale

April 10, 2018, Maggie Flynn, Skilled Nursing News - Blueprint Announces Wisconsin SNF SaleBlueprint Healthcare Real Estate Advisors announced the sale of the skilled nursing facility Nu-Roc Community Healthcare in Forest County, Wis.  The community was stabilized…