News

Why Senior Housing Portfolio Sales Could Rally In 2016

December 7, 2015, Kourtney Liepelt, Senior Housing News - Major buyers have been more cautious to invest in large senior housing portfolios due to high prices, raising the question of whether the market has peaked.  Some top executives say that it has, and that 2016 could see the completion…

Supreme Court Will Review What Counts As 'False' Under The False Claims Act

December 7, 2015, Emily Mongan, McKnights - The U.S. Supreme Court will review exactly what constitutes a “false” claim under the False Claims Act, due to a petition for certiorari that was granted Friday.  Long-term care providers and rehab specialists are sure to take a keen interest in…

MA Ratings Should Consider Socioeconomic Status, Not Just Quality, Advisors Say

December 6, 2015, Emily Mongan, McKnights - Despite a general push from the Centers for Medicare & Medicaid to tie payments to quality, some advisors are urging the agency to make adjustments to ratings that account for low-income beneficiaries.  In a letter sent…

Hospitals Rethink Prices As Patients Grow More Cost-Conscious

December 5, 2015, Melanie Evans, Modern Healthcare - Some hospitals and health systems are starting to review and revise their prices to make themselves more attractive to individual consumers who increasingly experience sticker shock when they pay for services out of pocket under high-deductible…

What Can You Do To Achieve A Five-Star Rating?

December 4, 2015, Deborah Nugent, McKnights - If you ask people at Mirador, a Masterpiece Living Community, how we achieved a Five Star rating in Nursing Home Compare, you won't be given a 10-step plan or any detailed account…

Sunwest Still In The News

December 4, 2015, Senior Care Investor - Continuing the Sunwest saga, Omega Communities purchased a 104-unit assisted living community in Hoover, Alabama that was a Sunwest property from 2006 to 2010.  When the company filed for bankruptcy protection, the…

Daughters' Deal With Equity Firm Gets Conditional AG Nod

December 3, 2015, Beth Kutscher, Modern Healthcare - California Attorney General Kamala Harris granted conditional approval on Thursday to allow a private-equity firm to take over the Daughters of Charity Health System, but she once again imposed hefty requirements on the transaction.

Editor’s Take: Senior Living at a Tipping Point

December 3, 2015, Tim Mullaney, Senior Housing News - I was happy to hop on a plane for Palm Springs recently.  I left behind a gray day in Chicago and landed in the oasis of blue skies, hazy peaks and shimmering water.  Yet, the vibe there was not exactly serene; I would describe it as an…

Senior Housing Turnaround Company Tries Hand at New Development

November 24, 2015, Kourtney Liepelt, Senior Housing News - Solutions Advisors, a company well known for offering consulting services to help turn around struggling senior living communities nationwide, is going to try its hand at new construction development, complete with an opportunistic…

For Too Many In Nursing, The Thrill Is Gone

November 23, 2015, John O'Connor, McKnights - It's generally understood that this sector faces a severe nursing shortage that's likely to worsen. Some observers are calling for higher wages as a possible remedy. Such action would surely help. But money alone is not going to make this problem…