News

Genesis Targets Increased Real Estate Ownership As CEO Touts Strength Of Its ACO

August 8, 2019, Maggie Flynn, Skilled Nursing News - Genesis HealthCare (NYSE: GEN) reported improvement in its 2019 second-quarter financial results, and CEO George Hager is optimistic about the second half of the year — in part because of the skilled nursing operator’s participation in…

Sabra Eyes Repurposing Skilled Nursing Facilities As Part Of Addiction, Behavioral Expansion

August 8, 2019, Alex Spanko, Skilled Nursing News - Sabra Health Care REIT (Nasdaq: SBRA) on Thursday announced its impending entrance into the growing addiction treatment and behavioral health marketplace, with a specific eye toward potentially repurposing skilled nursing facilities for…

Omega To Buy 58 Skilled Nursing Facilities In $735 Million Deal

August 6, 2019, Alex Spanko, Skilled Nursing News - Omega Healthcare Investors (NYSE: OHI) on Tuesday announced plans to pick up 58 skilled nursing facilities in a 60-building deal valued at $735 million.  The Hunt Valley,…

With Reno Home Prices Climbing, Investors Bullish On Multifamily Projects

Juy 25, 2019, Rob Sabo, Northern Nevada Business - Lewis Apartment Communities remains bullish on multifamily development in South Reno, just as institutional investors remain bullish on multifamily investment properties throughout…

$10M Deal In Progress for NY State Nursing Home

July 25, 2019, Maggie Flynn, Skilled Nursing News - Two groups of buyers are involved in the transition of a skilled nursing facility located in Warsaw, N.Y., Buffalo Business…

New Jewish Home’s New CFO Brings SNF Finance, Operational Experience

July 25, 2019, Alex Spanko, Skilled Nursing News - Within each skilled nursing facility, leaders must balance the goal of providing excellent care with the financial constraints of the business, from low Medicaid rates to shifting discharge patterns.  By hiring Mark Weiss as its new chief…

Number Of I-SNP Plans Goes Up Almost 30% Year-Over-Year

July 22, 2019, Maggie Flynn, Skilled Nursing News - The number of skilled nursing providers interested in becoming insurers has grown for the past several months.  Now hard numbers show just how great that interest is.  Special needs plans are a category within Medicare Advantage (MA) that…

PDPM Countdown: ‘We Are All Crossing Our Fingers And Knocking On Wood’

July 22, 2019, Maggie Flynn, Skilled Nursing News - With the Medicare Part A reimbursement overhaul taking effect in just a few months, skilled nursing providers across the country are in countdown mode.  But the clock is moving at different paces for different providers, several experts…

HHC Finance Sizzles This Summer

July 17, 2019, Steve Monroe, SeniorCare Investor - Housing & Healthcare Finance (HHC Finance) has had a busy summer, closing three HUD refinances totaling $56 million,…

Brookdale Activists Strike Again

July 17, 2019, Steve Monroe, SeniorCare Investor - We disclosed last week that activist investor Land & Buildings (L&B) had nominated Jay Flaherty, former CEO of HCP,…