News

Why One Of The Largest U.S. Hospital Chains Is Dismantling Itself

September 24, 2016, Dave Barkholz, Modern Healthcare  -  In early 2014, Community Health…

REIT Launches Initial Public Offering, Reveals $600 Million Pipeline

September 21, 2016, Amy Baxter, Senior Housing News  -  A real estate investment trust (REIT) with a large post-acute care portfolio has filed for an Initial Public Offering (IPO). Nashville, Tennessee-based MedEquities Real Trust priced an IPO of up to 19 million shares that could bring…

Senior Living Braces As Number Of ‘Adult Children’ Per Resident Falls

September 19, 2016, Mary Kate Nelson, Senior Housing News  -  From a senior care standpoint, the 9.6 million Americans who are currently 82 years old or older have it pretty good. After all, with about seven “adult children” for every one person over 80 years old, seniors have plenty of people…

Will ABHOW’s Brewing Legal Battle Redefine Labor Law?

September 19, 2016, Tim Mullaney, Senior Housing News  -  One of the nation’s largest nonprofit senior housing providers is digging in for a legal battle, and the…

Cracking The Code To Seven Years Of Five-Star Ratings Success

September 19, 2016, Steven Littlehale, McKnight's Long-Term Care News  - Since the inception of the Five-Star Quality Rating program in December 2008, there have been 113 Skilled Nursing Facilities (SNFs) that have earned and maintained an overall 5-star score. Who are these exceedingly high…

Bundled Payments Significantly Cut SNF Lengths Of Stay And Use, Report Shows

September 19, 2016, Emily Mongan, McKnight's Long-Term Care News  -  The average length of stay at a skilled nursing facility dropped 1.3 days for those patients who underwent orthopedic surgery through the Bundled Payments for Care Improvement initiative, according to a new federal…

New Skilled Nursing Facility Draws Debate At CON Hearing

September 19, 2016, Missouri Times  -  Discussion over whether or not to approve of a new skilled nursing facility in St. Peters dominated the discussion of Monday’s Certificate of Need (CON) hearing.  The Missouri Health Facilities Review Committee approved of McClay Health and Rehab’s project…

NIC: SNF Occupancy Down, But Medicaid Per Diem Hits 5-Year High

September 19, 2016, Pamela Tabar, Long-Term Living  -  Skilled nursing occupancy has declined to a five-year low, but the news is good for Medicaid per diem revenue, according to Q2 data from the National Investment Center for Seniors Housing & Care (NIC). The national average for skilled…

Tax Credit Legislation To Bolster Georgia Rural Hospitals

September 19, 2016, Jeff Lagasse, Modern Healthcare  -  To help support struggling rural hospitals in Georgia, state taxpayers who donate to those hospitals as of January 2017 will be eligible for an income tax credit.  The bill, which is soon to become law, was conceived by state Rep. Geoff…

Under Pressure, REITs Back Off Skilled Nursing

September 18, 2016, Amy Baxter, Senior Housing News  -  Payment reforms have made their sting across the health care industry, with the skilled nursing market taking a hit. And some of the senior housing industry’s biggest real estate owners of skilled nursing properties have started…