News

SNF Occupancy Sees Slight Uptick

April 7, 2016, Emily Mongan, McKnights - The occupancy rate for skilled nursing facilities increased 0.1 percentage point to reach 87.4% during the first quarter of 2016, according to new…

AseraCare Ruling: FCA Is Not For Differing Medical Opinions

April 5, 2016, David Tolley, Law360 - In a much-anticipated decision, Judge Karon O. Bowdre finally put the nail in the coffin in theU.S. Department of Justice’s False Claims Act case against long-term care provider AseraCare…

Study: Five-Star, Consumer Rankings Agree 'Minimally' On SNF Quality

April 5, 2016, Emily Mongan, McKnights - Current government ratings for nursing homes such as Nursing Home Compare differ so much from consumers' personal rankings, they could benefit from personalization, according to a new…

Oversupply Fears Cause ‘Lazy’ Senior Living Companies To Miss Opportunities

April 3, 2016, Mary Kate Nelson, Senior Housing News - Senior housing companies can be quick to paint entire states with a broad brush—especially when the conversation turns to oversupply. …

Providers Wary On Minimum Wage Hike In CA, NY

April 3, 2016, Emily Mongan, McKnights -  Healthcare workers in New York and California celebrated last week, as the two states were poised to pass legislation that would raise the minimum wage to $15 an hour.  The California Legislature approved a plan on Thursday that would raise the minimum…

Hospital Readmission Penalties For SNFs Pose 'Critical Problems,' Researchers Say

March 31, 2016, Emily Mongan, McKnights - A provision of the Protecting Access to Medicare Act that will penalize both the skilled nursing facility and hospital for rehospitalizations will require SNFs to address some “critical problems,” according to a new…

New Federally Led Task Forces To Crack Down On Nursing Home Abuses

March 30, 2016, Lisa Schencker, Modern Healthcare - Federal, state and local authorities will collaborate in 10 new regional task forces across the country to toughen enforcement against nursing homes accused of providing grossly substandard care to patients and residents,

HCP Chief Financial Officer To Step Down

March 28, 2016, Kourtney Liepelt, Senior Housing News - Timothy Schoen, executive vice president and CFO of HCP Inc. (NYSE: HCP), will step down in the coming months, the real estate investment trust (REIT) announced Monday.  He will remain at HCP through May 22 to oversee reporting of first…

Soaring Demand Should Make Senior Housing Catnip For Investors

March 28, 2016, Tim Mullaney, Senior Housing News - Senior housing real estate is one of five major investment opportunities created by aging populations, with demand for new senior housing units in the United States set to surge through 2030, a major global investment management firm has…

REITs Sheltered From Skilled Nursing Headwinds - For Now

March 28, 2016, Mary Kate Nelson, Senior Housing News - Meaningful headwinds are currently impacting skilled nursing facility (SNF) operators, with little chance of abating any time soon.  Still, there’s scarce reason to expect sector-wide bankruptcies, as occurred less than 20 years ago.

And…