News

Mainstreet Plans Big for $5 Billion in Post-Acute Development



June 10, 2015, Tim Mullaney, Senior Housing News - The nation's largest developer of post-acute, transitional care facilities is set to solidify and strengthen its position with a five-year $5 billion development pipeline and a strategy that could lead to another massive deal…

Experts say Reform Needed to Alleviate LTC Strain on Medicaid



June 10, 2015, Emily Mongan, McKnights - An increasing reliance on Medicaid to pay for long-term care supports and services has put the sustainability of the system in jeopardy, experts warned Wednesday. But individual states are becoming laboratories to test reform measures that…

Rethinking the Senior Living Approach To Memory Care



June 4, 2015, Jason Oliva, Senior Housing News - In efforts to better detect and treat the early stages of Alzheimer's and dementia, one Dallas-based continuing care retirement community (CCRC) is partnering with a local memory care specialist on a campus-wide brain health research…

In the Pipeline: Senior Housing Construction Projects



June 4, 2015, Jason Oliva, Senior Housing News -
Construction: Planned - Dallas CCRC Plans $36 Million Expansion - Edgemere, a continuing care retirement community (CCRC) in Dallas, will soon begin a large-scale expansion and renovation project to address the growing…

GE Capital Healthcare Up for Sale, Valued at $11 Billion



June 4, 2015, Cassandra Dowell, Senior Housing News
- General Electric Co. is reaching out to potential buyers of GE Capital Healthcare Financial Services, which lends to senior housing among other health care companies. The company is valued at between $10 and $11 billion, according…

Senate Committee Approves RAC Overhaul Bill



June 4, 2015, Emily Mongan, McKnights
- The Senate Finance Committee has approved legislation aimed at changing how improper Medicare payments are handled by Recovery…

OIG Recovers $1.8B From Providers



June 3, 2015, Holly Petrovich, McKnights
- The federal government recovered $1.8 billion from healthcare providers and programs in the first six months of fiscal 2015, a federal watchdog has revealed. Of the recoveries, $544.7 million was from audit receivables and $1.3 billion…

Weak Occupancy, Absorption Rates Fuel Development Concerns



June 3, 2015, Emily Study, Senior Housing News - The first quarter of 2015 was marked by weak absorption and falling occupancy levels for senior housing properties, fueling the industry's concern that some markets are overheating. Among those underperforming amrkets are Houston,…

Supreme Court Declines Review of Nursing Home Arbitration Case



June 2, 2015, Emily Mongan, McKnights - The U.S. Supreme Court has declined to review a decision by the Oklahoma Supreme Court regarding whether or not an arbitration agreement…

Moving the Needle: REITs Adapt to New Senior Housing Era



May 31, 2015, Emily Study, Senior Housing News - Senior housing and care has attracted a growing amount of interest among investors who are are eager to capitalize on the industry's favorable market fundamentals. Some of the top investors, health care real estate investment trusts…