News

Welltower Updates Investors On Impending QCP, ManorCare Deal

May 21, 2018, Alex Spanko, Skilled Nursing News - Welltower, Inc. (NYSE: WELL) on Monday provided a brief update to shareholders on the company’s coming acquisition of Quality Care Properties (NYSE: QCP), the real estate investment trust (REIT) primarily associated with struggling skilled…

One Skilled Nursing Facility’s Turnaround To 97% Full

May 21, 2018, Maggie Flynn, Skilled Nursing News - Five years ago, the Harlem Center for Nursing and Rehabilitation had multiple rooms filled with used and abandoned building materials.  In addition, wires were hanging from the ceilings, and some of the showers in patient bathrooms weren’t…

Bidding War For County Nursing Home

May 20, 2018, Maggie Flynn, Skilled Nursing News - Iowa Nursing Home Draws Three Prospective BuyersThe 168-bed Country View nursing and mental health care center in Waterloo, Iowa, has drawn the interest of three companies, which have initially offered to…

Post-Acute Care Remains A Mystery For Hospital Doctors

May 20, 2018, Maggie Flynn, Skilled Nursing News - Care transitions have become critically important for long-term care providers’ finances, but the world of skilled nursing facilities and home heath settings remains a mystery to many doctors at hospitals — and a pair of hospitalists think…

Key Skilled Nursing Metrics To Watch

May 20, 2018, Alex Spanko, Skilled Nursing News - As skilled nursing operators continue to deal with tight reimbursements and high labor costs, financial performance on the individual facility level has taken on greater and greater importance — and having a defined plan is one of the keys…

Rehab Business Model Will Change ‘Substantially’ Under PDPM

May 17, 2018, Maggie Flynn, Skilled Nursing News - Therapy companies that provide services to skilled nursing patients must radically change their business models if the Centers for Medicare & Medicaid Services’ (CMS) proposed Patient Driven Payment Model (PDPM) is finalized and takes effect…

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…