News

Skilled Nursing Operator Welcov Folds, Transfers 22 Properties

February 5, 2019, Alex Spanko, Skilled Nursing News - More than 20 skilled nursing facilities operated by Welcov Healthcare are now under the control of new operators, court documents filed Monday show.  The chain reached an agreement to formally transfer oversight of 22 SNFs in Minnesota,…

More Winners Than CMS Expects Could Emerge Under PDPM

January 29, 2019, Maggie Flynn, Skilled Nursing News - The government has predicted a mix of winners and losers under the new Medicare payment model taking effect later this year.  But due to the impact of payment changes on provider behavior — both past and future — there could end up being…

Sabra Cuts Number Of Senior Care Centers Properties For Sale

January 28, 2019, Alex Spanko, Skilled Nursing News - Sabra Health Care REIT (Nasdaq: SBRA) late Sunday night announced that it is planning to retain 10 Senior Care Centers-operated properties that it had previously agreed to sell amid Dallas-based skilled…

Skilled Nursing Operators, Owners Predict Private Buying Boom In 2019

January 28, 2019, Alex Spanko, Skilled Nursing News - After an intense period of restructuring at the publicly traded real estate investment trusts (REITs), skilled nursing operators and owners believe private buyers are likely to pick up the slack in 2019.  Private equity firms topped the…

HHC Finance's Capital Advisory Group’s Billion-Dollar Year

January 23, 2019, Steve Monroe, Senior Care Investor - It was quite the year for Housing & Healthcare Finance’s Capital Advisory Group, which just about doubled its loan volume from about $510 million in 2017 to over $1 billion in 2018.  That impressive haul…

PDPM, Bankruptcies, & Megadeals

December 19, 2018, Alex Spanko, Skilled Nursing News - Now that you’ve had a chance to check out our top predictions for 2019, it’s time for a look back at the stories that shook the skilled…

Creative Solutions Co-Founder Sees ‘Endless Opportunity’ In Texas, Skilled Nursing

December 18, 2018, Magge Flynn, Skilled Nursing News - Gary Blake, the co-founder of the Texas skilled nursing operator Creative Solutions in Health Care, sees history repeating itself as the year turns over and the industry prepares for the new Patient-Driven Payment Model (PDPM).  He started…

Skilled Nursing Occupancy Increases Slightly, May Be First Sign Of Recovery

December 18, 2018, Jeff Shaw, REBusiness Online - The skilled nursing occupancy rate saw a slight uptick in the third quarter of 2018, increasing 14 basis points to 82.2 percent, according to data from the National Investment Center for Seniors Housing & Care…

Looking Ahead To The Top Skilled Nursing Trends Of 2019

December 17, 2018, Alex Spanko & Maggie Flynn, Skilled Nursing News - We’ve made it to the end of 2018, which will likely go down as one of the most eventful years in the history of the long-term and post-acute care industry.  Between the first round of Value-Based Purchasing penalties taking…

Facing Declining Census, Struggling SNFs Turn To Assisted Living, Home Health

December 10, 2018, Alex Spanko, Skilled Nursing News - As occupancy levels continue to fall in skilled nursing facilities, some providers will have to think outside the box — and sometimes outside their walls — to make the best use of their space and their resources.  But they might have…