News

Signature HealthCARE To Pay $30 Million

June 11, 2018, Kimberly Marselas, McKnight's Long-Term Care News - Signature HealthCARE, the owner of 115 skilled nursing facilities, has agreed to pay $30 million to resolve allegations that it routinely placed residents at higher therapy…

Four-Building Portfolio Sells For $35M

June 10, 2018, Maggie Flynn, Skilled Nursing News - Liberty Village of Rochelle to Hold Groundbreaking for New Facility - Liberty Village of Rochelle in Illinois will hold a groundbreaking ceremony for its new Manor Court Skilled Nursing and Rehabilitation Center…

Ensign Grows In Arizona

June 7, 2018, Maggie Flynn, Skilled Nursing News - Ensign Group Acquires Arizona SNFThe Ensign Group (Nasdaq: ENSG) acquired the operations of Sun West Choice Healthcare and Rehabilitation, a 140-bed skilled…

Justice Department Reaches Agreement

June 7, 2018, U.S. Department of JusticeThe Justice Department announced that it reached an agreement with the Louisiana Department of Health (Louisiana) to resolve its lawsuit alleging that Louisiana fails to serve people with serious mental illness…

What Bleak Medicare Predictions Mean For Skilled Nursing

June 7, 2018, Maggie Flynn, Skilled Nursing News - The Medicare fund that helps pay for skilled nursing care is projected to run out of funds for full benefits three years sooner than predicted last year, according to a…

New Skilled Nursing Payment Model Raises Medicare Advantage Questions

June 7, 2018, Alex Spanko, Skilled Nursing News - Providers that have learned to navigate the Medicare Advantage ecosystem will likely have a leg up when approaching the new payment model for skilled nursing facilities, but many questions still remain about how managed care plans will adapt…

Austin-Area Assisted Living Gets HUD Financing

June 5, 2018, Steve Monroe, Senior Care Investor - An experienced ownership group went through Housing and Healthcare Finance (HHC Finance) to refinance its conventional…

Sabra Sells 12 Genesis Facilities

June 4, 2018, Alex Spanko, Skilled Nursing News - Sabra Health Care REIT (Nasdaq: SBRA) on Monday announced the sale of 20 total buildings as its so-called “Genesis Exodus” nears completion.  The Irvine, Calif.-based real estate investment trust (REIT) closed on the sale of 12 more properties…

Skilled Nursing Operators Demand Rehab Renovations As PDPM Looms

June 4, 2018, Maggie Flynn, Skilled Nursing News - With the advent of the Center for Medicare & Medicaid Services’ (CMS) new Patient Driven Payment Model (PDPM), rehabilitation…

Five-Property Lease In North Carolina

June 3, 2018, Maggie Flynn, Skilled Nursing News - Blueprint Announces Five-SNF Portfolio Lease in North CarolinaBlueprint Healthcare Real Estate Advisors announced the portfolio lease of five North…