News

Q1 M&A Activity Falls Below 100 Deals

April 10, 2020, Ben Swett, SeniorCare Investor - SeniorCare For the first time since the first quarter of 2018, quarterly seniors housing and care deals dropped below 100 in Q1:2020, to 93 deals.  Averaging 31 deals per month is not too shabby, but compared with the red-hot M&A market of…

Helios Healthcare Advisors Sources Tenant In Texas SNF Sale

April 10, 2020, Ben Swett, SeniorCare Investor - At the start of April, the team at Helios Healthcare Advisors including Jeff Rhodes, Bill Janis and Mario Wilson, successfully sourced a tenant and structured the lease…

REITs Start To Cut Dividends

April 6, 2020, Steve Monroe, SeniorCare Investor - The healthcare Real Estate Investment Trusts have been the hardest hit in our sector during the recent stock market plunge.  Many are worried about their own liquidity and drew down on their credit facilities, even if they didn’t need the…

Amid Shortages, Using PPE According To CMS Guidelines Could Cost Nursing Homes $10K A Day — Or More

April 6, 2020, Maggie Flynn, Skilled Nursing News - Updated guidelines on the use of personal protective equipment (PPE) are causing major headaches for health care providers across the continuum, as both acute and post-acute care settings grapple with supply shortages and a surge in cases…

Officials Offer Financial Incentives For COVID-Focused SNFs Ahead Of Peak Cases

April 6, 2020, Maggie Flynn, Skilled Nursing News - Nursing homes in Connecticut will get a 10%, “across-the-board increase” in their Medicaid reimbursements — with operators that volunteer to turn their facilities into dedicated COVID-19 treatment facilities eligible for even greater financial…

ASHA/Argentum Joint Response to Wall Street Journal

April 5, 2020 - The article that appeared in The Wall Street Journal (Assisted Living Facilities are Vulnerable to Coronavirus) on April 5, 2020 mistakenly takes a position opposite of the fact that assisted living residences are as well prepared as other settings to combat the presence of…

Assisted-Living Facilities Are Vulnerable To Coronavirus

April 5, 2020, Elizabeth Koh & Arian Campo-Flores, Wall Street Journal - Assisted-living facilities, a booming but lightly regulated industry that houses roughly a million elderly patients in Florida and across the nation, are ill-prepared for the growing novel coronavirus pandemic, some…

How Extended Care Clinical Worked To Halt A Nursing Home COVID-19 Outbreak

April 3, 2020, Alex Spanko, Skilled Nursing News - Less than 10 days ago, the Chateau Nursing & Rehabilitation facility in the suburbs of Chicago was in an incredibly difficult position: One day after 22 residents were initially confirmed to have contracted the novel coronavirus, the number…

As Nursing Homes Look To Separate COVID-19 Residents, Rural Providers Face Tough Choices

April 1, 2020, Maggie Flynn, Skilled Nursing News - As hospitals throughout the country try to cope with a surge of COVID-19 patients in need of acute care, skilled nursing facilities have moved to make preparations to take in some of the overflow capacity from the health systems and acute…