News

Long-term Care Providers Applaud Signing of IMPACT Act, Prepare for New Five Star Elements



October 7, 2014, Tim Mullaney, Senior Housing News - On the heels of victories such as the newly signed IMPACT Act, providers are ready to more aggressively push for their interests on Capitol Hill, leaders of the nation's largest long-term care…

CMS' Five Star Quality Rating System for Nursing Homes



October 6, 2014 -
CMS' Five Star Quality Rating System for Nursing Homes is a consumer service that offers useful information…

Lawsuits Rattle Nursing-Home Chains



October 3, 2014, Jennifer Smith, Wall Street Journal - Allegations of Harmful Treatment Win Big Jury Awards, Spurring Operators to Flle Certain States. Arkansas lawyer Brian Reddick has found a lucrative niche as America ages: suing big nursing-home…

HCN's New Big Bet on Post-Acute Care Signals Industry Sea Change



September 15, 2014, Emily Study, Senior Housing News - Health Care REIT (NYSE: HCN) has long invested in skilled nursing properties, but the REIT's recent $1.4 billion partnership with Mainstreet signals a shift in the investor's strategy of late that's representative of a much…

CMS Should Publicly Push Congress to Reform Therapy Payment System, Long-Term Care Provider Association Urges



September 9, 2014, Tim Mullaney, McKnight's - The Centers for Medicare & Medicaid Services should openly urge Congress to change the way therapy services are reimbursed, the nation's largest long-term care provider association stated in recent written comments to CMS Administrator…

Housing & Healthcare Finance has been selected by HUD to participate in its Housing Tax Credit Pilot Program

Skilled Healthcare To Combine With Genesis HealthCare In 100% Stock Transaction



August 18, 2014, Foothill Ranch, CA, PRNewswire - Skilled Healthcare Group, Inc. (SKH) announced today it has signed a definitive agreement to combine with Genesis HealthCare, one of the nation's largest providers of post acute care…

Health Care REIT to Acquire HealthLease Properties REIT in $950 Million Deal



August 13, 2014, Business Wire - Immediately Accretive $950 Million Acquisition of High-Quality, Seniors Housing and Post-Acute Care Portfolio; Establishes Partnership…

Bankruptcy Judge Approves Sale of 19 California Nursing Homes



July 29, 2014, Katy Stech, Wall Street Journal - Nursing-home owner Shlomo Rechnitz won approval from a federal judge to buy 19 nursing homes out of bankruptcy in southern California.
At a hearing on Monday,…

Skilled Nursing Trends Contribute to Improved Medicare Outlook, Congressional Report Says



July 29, 2014, Tim Mullaney, McKnights - The Medicare trust fund is on track to remain solvent until 2030, trustees of the program stated in a Congressional report released Monday. This improved outlook is due in part to revised expectations about the case mix in skilled nursing…