Sabra Health Care REIT, Inc. Announces HUD Refinancings of $44.8 Million
January 23, 2014, Irvine, CA, Globe Newswire - Sabra Health Care REIT, Inc. ("Sabra," the "Company" or "we") (SBRA) announced its outlook for…
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HHC Funding & Congressional Bank Complete $5.5MM ABL to Cypress Skilled Nursing
HHC Funding, an affiliate of Housing & Healthcare Finance, LLC, and Congressional Bank announced today the closing of a $5.5 million asset-based line of credit to Cypress Skilled Nursing, LLC and its affiliates. The line of credit will be used for ongoing working capital needs associated…
Senior Care Investor - Financing of the Week
January 15, 2014, Senior Care Investor Dealmakers Forum E-Newsletter - One lucky borrower in Missouri was able to refinance four skilled nursing facilities with 594 beds at an attractive rate through the HUD 232 program. The total loan amount was $22,456,000, or about $37,800…
Medicaid Underfunds Nursing Care to its Highest Deficit Ever
January 13, 2014, Washington, DC - The American Health Care Association (AHCA) today released a report by a Medicaid expert demonstrating again that the long term care services of America's most vulnerable…
Skilled Nursing M&A Expected to Hinge on Mom & Pops in 2014
Skilled nursing mergers and acquisitions in 2014 are likely to be fueled by ongoing regulatory and reimbursement uncertainty and its impact on small operators, brokers and investors agree. "Our pipeline is deeper on the nursing home side because of the uncertainties," says Jeremy Stroiman,…
Five Star Quality Care Completes Disposition of Rehab Hospitals
January 2, 2014, Newton, MA, Business Wire - Five Star Quality Care, Inc. (FVE) ("FVE" or "Five Star") today announced that…
MedPAC Renews Call for Long-Term Care Payment Cuts
The Medicare Payment Advisory Commission has recommended a 4% reduction in skilled nursing facility payments in 2016, prompting an outcry from providers. MedPAC in the past has calculated long-term care margins to be
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| Dec 13, 2013
Budget Deal Would Extend Medicare Sequester Cuts
The nation's healthcare providers would endure an additional two years of Medicare
Large Discrepancies in Medicare Spending on Post-Hospital Care
After years of trying to clamp down on hospital spending, the federal government wants to get control over what Medicare spends on nursing homes, home health services and other medical care typically provided to patients…
HUD Eases Regulations for Minor Nursing Home Repairs
Some nursing homes could cut down on the red tape needed to undertake minor repairs and renovations, thanks to a new rule issued by the Department of Housing and Urban Development. Nursing homes financed by HUD and located in areas at…