News

New Wave Of ‘One-Sided’ Managed Care Contracts Could Lead To Payment Strains For Nursing Homes

November 30, 2020, Maggie Flynn, Skilled Nursing News - Some aspects of the nursing home world do not change even during a global pandemic, and that includes the need to manage relationships with multiple payers.  Several managed care organizations (MCOs) are now sending in their new contracts…

National HealthCare Corporation Divests St. Louis-Area SNF

November 29, 2020, Ben Swett, The SeniorCare Investor -  After an attempt to replace its 282-bed skilled nursing facility in Town and Country, Missouri (St. Louis MSA) with a senior living community, and then running into zoning and planning problems earlier this year, National HealthCare…

Nursing Home COVID Deaths Top 100K As Post-Holiday Coronavirus Surge Looms

November 29, 2020, Alex Spanko, Skilled Nursing News - The nation’s long-term care facilities passed another grim COVID-19 milestone ahead of Thanksgiving, with experts and leaders warning that holiday gatherings over this past weekend could only set off more outbreaks in the weeks to come. …

Senior Care Stocks Stay High After Vaccine News

November 20, 2020, Ben Swett, The SeniorCare Investor - After Pfizer’s vaccine announcement on November 9, pretty much every publicly traded senior care provider and REIT saw their share prices 

CMS Issues Holiday Guidance For Nursing Homes: No Visitation Changes, Leaving Facilities Discouraged

November 18, 2020, Alex Spanko, Skilled Nursing News - The federal government on Wednesday issued an alert to nursing home operators and residents, urging extreme caution during the impending holiday…

Feds Look To Expand Special Focus Facility List Of Poor-Performing Nursing Homes, Create New Ranking System

November 17, 2020, Maggie Flynn, Skilled Nursing News - The two U.S. senators who last year released a “secret” list of nursing homes under consideration for inclusion on a formal list of facilities with major quality issues are now calling for expanded oversight of poorly performing skilled…

Where Are The Gray Panthers?

November 18, 2020, Steve Monroe, The SeniorCare Investor - Seniors in and out of seniors housing communities need to mobilize, and AARP has not been doing its job representing their members.  Where are the Gray Panthers when you need them?  Many of you may not remember this 1970s…

Another Major SNF Acquisition Closes

November 16, 2020, Ben Swett, The SeniorCare Investor - When it rains, it pours, we suppose.  Last week, Eagle Arc Partners acquired a portfolio of 20 skilled nursing facilities in the Southeast, the largest SNF deal that we had seen for some time.  Just a day later, Evans…

Invesque To Cut Symphony Exposure In Half, Reports No Bridgemoor Revenue As Post-Acute COVID Strains Mount

November 15, 2020, Alex Spanko, Skilled Nursing News - Invesque Inc. (TSE: IVQ.U) this week reported significant COVID-19 strains on a pair of its post-acute care tenants, with the skilled nursing landlord taking steps to reduce its exposure to Symphony Care Network and reporting no revenue…

CVS Health Invests In Orlando Affordable Housing Project

November 12, 2020, Erika Morphy, GlobeSt.com - CVS Health will invest $8.7 million to build a 116-unit affordable housing project in the Mercy Drive submarket of Orlando.  The Fairlawn Village development is part of the City of Orlando’s Mercy Drive Vision Plan, which has found…