News

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…

Growing Operator Sees New Hospital As ‘Beachfront’ Property

May 15, 2018, Alex Spanko, Skilled Nursing News - Seizing the opportunity to stake out a spot adjacent to a major hospital project, one skilled nursing provider in Maryland decided to build the first new standalone skilled nursing facility that a Washington, D.C. suburb had seen in more than…

Proposed staffing ratio cheered by CNAs

May 14, 2018, Kimberly Marselas, McKnight's Long-Term Care News - A bill in the statehouse would force many New Jersey nursing homes to increase staffing of certified nurse aides, a proposal that was literally cheered by those front-line workers but rejected as an unfunded mandate by local…