News

Fitch: Healthcare REITs Look To Manage Skilled Nursing Woes

May 16, 2016, Fitch, Business Wire - REITs continue to distance themselves from disappointing skilled nursing operating fundamentals that continued in  the First Quarter of 2016, based on the expectation that these challenges, which have been recognized for some time, will persist indefinitely,…

Leadership Series: Formation Capital Founder And Chairman Arnold Whitman

May 16, 2016, Senior Houisng News - Meet Arnold Whitman, founder and chairman of Atlanta-based Formation Capital.  Whitman founded the company in 1999 after a “tsunami” of negative events, including the credit crisis of 1998, a change in the prospective payment system and a host of liability…

Few ACOs Interested In 3-Day Stay Waiver For Skilled Nursing, Experts Say

May 16, 2016, Emily Mongan, McKnights - Few accountable care organizations are lining up to waive the three-day stay requirement for skilled nursing facilities, causing some healthcare experts to wonder if the waiver is still relevant.  The three-day stay…

New HUD Financing Proposal Offers ‘Tremendous Opportunity’ For Senior Housing

May 13, 2016, Tim Mullaney, Senior Housing News - Senior housing companies may soon find it easier to obtain financing through the U.S. Department of Housing and Urban Development (HUD), thanks to changes that the agency has proposed in a new draft…

NIC: Acquisition Prices Past Peak, Occupancy To Hold Steady

May 12, 2016, Amy Baxter, Senior Housing News - After a bumpy start to 2016 marked a drop in senior housing transactions, some cited high deal prices that sidelined major players.  But the…

4 Steps Assisted Living Can Take Toward ACO Status

May 11, 2016, Amy Baxter, Senior Housing News - Accountable care organizations (ACOs) aren’t just for physician groups and hospitals anymore. Senior living is starting to make its way into these innovative models, and there is a lot that assisted living providers can do to advance the conversation…

Places Hit Hardest By Higher Assisted Living Costs

May 10, 2016, Tim Mullaney, Senior Housing News - Residing in an assisted living facility can cost a substantial sum, but rates remained steadier for assisted living than other levels of care between 2015 and 2016, according to the latest Cost of Care Survey from insurer Genworth Financial…

Obscure Rule Could Double Fraud Penalties For Healthcare Providers, Experts Say

May 10, 2016, Emily Mongan, McKnights - A rule recently released by a little-known federal agency could set the stage for fraud penalties against healthcare providers to rise dramatically, according to some law experts.  The U.S. Railroad Retirement Board's rule, published last week in the 

Cost Of Private Nursing Home Rooms Grows To $7,700 Per Month, Genworth Survey Shows

May 10, 2016, Emily Mongan, McKnights - The average costs of semi-private and private nursing home rooms continued to climb from last year, insurance provider Genworth Financial said in a report released Tuesday, with a private room costing almost $8,000 a month.  Genworth's 2016…

Experts Warn Of Skilled Nursing Market Changes, Researchers Offer Strategies To Avert Havoc

May 9, 2016, James Berklan, McKnights - Preliminary results of a survey of 36 large skilled nursing company CEOs paint a challenging picture for operators, who will either rise profitably from already strong positions, improve with proper initiatives or fail resoundingly, researchers said…