News

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…

What Skilled Nursing Could Learn From The Manufacturing Sector

June 20, 2018, Alex Spanko, Skilled Nursing News - As skilled nursing occupancy continues to notch record low after record low, strategies to capitalize on the shrinking pool of residents remain top concerns for operators and investors.  And at least one analyst says providers should look…

New Partner Will Manage $17.1 Million In Acquisitions For National Health Investors

June 20, 2018, McKnight's Senior Living - Murfreesboro, TN-based real estate investment trust National Health Investors announced that it will lease two newly acquired assisted living and memory care communities to affiliates of a new partner, Saginaw, MI-based Comfort Care Senior Living,…

Skilled Nursing Stocks Get Boost From New Payment Model

June 19, 2018, Maggie Flynn, Skilled Nursing News - Even as operators, owners, and investors sort out the multitude of implications of the new proposed skilled nursing payment model (Patient-Driven Payment Model - PDPM), one important reviewer has given it a firm thumbs up so far: the stock…

Long-Term Care Deals Drove Busy May

June 18, 2018, Kimberly Marselas, McKnight's Long-Term Care News - A month of more than 90 healthcare transactions was led by long-term care movers and shakers, according to a list compiled for Bloomberg Law.  Bloomberg said its list, created by investment bankers working in the healthcare…

Skyline Avoids Class-Action Suit In Arkansas

June 18, 2018, Kimberly Marselas, McKnight's Long-Term Care News - A federal judge has dismissed a potential class action lawsuit against Skyline Highland Holdings — an entity connected to the operator whose homes went into receivership en masse this spring — ruling the case was…