News

HHS Expands Coverage Of Point-Of-Care Tests For Nursing Home COVID-19 Screening, Superseding State Bans

August 31, 2020, Maggie Flynn, Skilled Nursing News - The Department of Health and Human Services (HHS) announced Monday that it is extending coverage for prescribing or administering point-of-care COVID-19 tests to screen for the illness in congregate settings such as skilled nursing facilities. …

CIM’s $500M Multifamily Buy In Northern Virginia Among Priciest Ever

August 30, 2020, Dennis Lynch, TheRealDealCIM Group has closed on one of the biggest multifamily deals the Northern Virginia market has ever seen.  The investment firm paid $506 million for the 2,311-unit…

As CMS Cracks Down On Nursing Home Testing, Questions Remain On Logistics: ‘You Cannot Fine Your Way Out Of A Pandemic’

August 30, 2020, Alex Spanko, Skilled Nursing News - The federal government last week cracked down on COVID-19 testing in nursing homes, with a host of new fines exceeding $8,000 per instance, but some industry leaders — and a prominent geriatrician — have raised concerns about whether providers…

Parkinson: Test Nursing Home Staff Weekly Even If Not Required, Develop A Compliance Plan By Next Week

August 27, 2020, Alex Spanko, Skilled Nursing News - The leader of the largest trade group for U.S. nursing homes on Thursday advised operators to exceed new federal COVID-19 testing mandates whenever possible, while emphasizing the importance of planning for complying with the new regulations…

CMS Widens Criteria for Nursing Homes To Receive Testing Devices, But Concerns Over Accuracy Grow

August 24, 2020, Alex Spanko, Skilled Nursing News - The federal government late last week released an updated blueprint for distributing the second wave of nearly 12,000 point-of-care COVID-19 testing units destined for nursing homes, with a significantly wider definition of hotspots than…

Healthpeak Sells Louisville Senior Living Community

August 24, 2020, Ben Swett, The SeniorCare Investor - Healthpeak Properties is selling one of its Atria Senior Living-operated communities to a regional owner/operator acquiring its first Kentucky property.  Located in Louisville, where Atria is headquartered,…

One Nursing Home’s Fines Can Become Another Facility’s Technology — But With Strings Attached

August 24, 2020, Maggie Flynn, Skilled Nursing News - With COVID-19 forcing skilled nursing facilities to drastically restrict visitation, technology and virtual communication have emerged as critical tools to maintain social ties between residents and their loved ones.  And there are federal…

Doctors Without Borders: Nursing Home Reform Should Focus On In-Person Support, Not Just Fines

August 23, 2020, Alex Spanko, Skilled Nursing News - More closely associated with lifesaving interventions in war zones and developing countries, Doctors Without Borders has made headlines during the COVID-19 crisis with…

Blueprint Handles Not-For-Profit Sale To The Ensign Group

August 21, 2020, Ben Swett, The SeniorCare Investor - According to its second quarter earnings report, The Ensign Group certainly defied expectations for the rest of the senior care industry and has been performing relatively well lately.  The company also announced its acquisition…

HHC Finance Closes Four HUD Deals

August 19, 2020, Ben Swett, The SeniorCare Investor - Housing & Healthcare Finance (HHC Finance) just announced four transactions from its HUD pipeline, totaling more than…