News

Sunwest Still In The News

December 4, 2015, Senior Care Investor - Continuing the Sunwest saga, Omega Communities purchased a 104-unit assisted living community in Hoover, Alabama that was a Sunwest property from 2006 to 2010.  When the company filed for bankruptcy protection, the…

Daughters' Deal With Equity Firm Gets Conditional AG Nod

December 3, 2015, Beth Kutscher, Modern Healthcare - California Attorney General Kamala Harris granted conditional approval on Thursday to allow a private-equity firm to take over the Daughters of Charity Health System, but she once again imposed hefty requirements on the transaction.

Editor’s Take: Senior Living at a Tipping Point

December 3, 2015, Tim Mullaney, Senior Housing News - I was happy to hop on a plane for Palm Springs recently.  I left behind a gray day in Chicago and landed in the oasis of blue skies, hazy peaks and shimmering water.  Yet, the vibe there was not exactly serene; I would describe it as an…

Senior Housing Turnaround Company Tries Hand at New Development

November 24, 2015, Kourtney Liepelt, Senior Housing News - Solutions Advisors, a company well known for offering consulting services to help turn around struggling senior living communities nationwide, is going to try its hand at new construction development, complete with an opportunistic…

For Too Many In Nursing, The Thrill Is Gone

November 23, 2015, John O'Connor, McKnights - It's generally understood that this sector faces a severe nursing shortage that's likely to worsen. Some observers are calling for higher wages as a possible remedy. Such action would surely help. But money alone is not going to make this problem…

1 in 3 SNFs in Bundled Payment Test Areas Won't Qualify For 3-Day Stay Waiver

November 23, 2015, Emily Mongan, McKnights - One in three skilled nursing facilities under Comprehensive Care for Joint Replacement initiative testing will be shut out from a waiver of the three-day stay rule due to their star rating, according to a new published report by Centers for Medicare…

Clinton Vows to Expand Senior Care Options, Workforce

November 23, 2015, Kourtney Liepelt, Senior Housing News - As senior living adapts amid minimum wage pressures and families increasingly face tough financial choices related to…

Senior Care Liability Costs Will Not Let Up

November 22, 2015, Mary Nelson, Senior Housing News - The cost of liability remains on the rise for the long-term care industry, including independent and assisted living providers.  Specifically, the overall national long-term care loss rate is anticipated to grow by 5% per year, with…

Bundled Payment Demo Has Nursing Homes Seeing Stars

November 21, 2015, Melanie Evans, Modern Healthcare - Hospitals in more than five dozen metropolitan areas will soon have no choice but to take bundled…

LTC Liability Costs To Rise By 5% For 3rd Straight Year

November 19, 2015, Emily Mongan, McKnights - Long-term care facilities can expect their annual loss rate to increase by 5% over the course of 2016, according to a new…