News

Senate Committee To Reintroduce Bill Targeting Medicare Audits, Appeals

March 30, 2017, Emily Mongan, McKnight's Long-Term Care News - A bill aimed at expediting the Medicare appeals process is expected to be reintroduced in the coming months, according to one healthcare insider.  The Audit & Appeals Fairness, Integrity, and Reforms in Medicare Act,…

DOJ Likely To Keep Up Scrutiny On Individuals In Healthcare Fraud Cases

March 29, 2017, Emily Mongan, McKnight's Long-Term Care News - The Department of Justice isn't likely to lighten up on individual executives as it investigates and prosecutes healthcare fraud cases, according to one official.  In 2015, then-Deputy Attorney General Sally Yates proposed…

Senior Housing Investments & Transactions: HCP Completes $1.125 Billion Brookdale Sale

March 29, 2017, Amy Baxter, Senior Housing News - Healthcare real estate investment trust (REIT) HCP (NYSE: HCP) completed the previously-announced sale of a portfolio of…

Retail Developer Oppidan Pursues $400 Million Senior Housing Pipeline

March 29, 2017, Tim Mullaney, Senior Housing News - This coverage of the 2017 National Investment Center for Seniors Housing & Care Spring Investment Forum is brought to you by Mainstreet.  As the nation’s largest developer of transitional…

Investor Sentiment At The NIC Conference

March 29, 2017, Steve Monroe, Senior Care Investor - Last week’s 60 Seconds with Steve video greeted everyone attending the NIC Conference in San Diego and asked what…

Record Skilled Nursing Prices Have Peaked

March 29, 2017, Steve Monroe, Senior Care Investor - As you know, the average price per bed for skilled nursing facilities hit a record in 2016 for the fourth year in a row.  The number of properties selling for more than $100,000 per bed, which used to be reserved for only the very…

Avamere Pilots IBM ‘Watson’ Tech For Precision Senior Care

March 28, 2017, Tim Mullaney, Senior Housing News - Watson, the IBM cognitive computing system that gained fame for beating human Jeopardy! champions at the game, soon could enable more precise care and services in senior living.  The technology currently is being piloted by Wilsonville,…

Senior Housing Development Begs Hyper-Local Market Approach

March 28, 2017, Elizabeth Ecker, Senior Housing News - This coverage of the 2017 National Investment Center for Seniors Housing & Care Spring Investment Forum is brought to you by Mainstreet.  As the nation’s largest developer of transitional…

Two Operators Expanding Into Additional States

March 28, 2017, Lois Bower, McKnight's Senior Living - Wichita, KS-based Legend Senior Living has entered the Pennsylvania market, and Wall Township, NJ-based Springpoint…

Jefferies: Over 50% Chance Brookdale Will Be Sold This Year

March 27, 2017, Alana Stramowski, Senior Housing News - After months of speculation surrounding who may or…