News

Signature’s PDPM Playbook: Data, Specialization, And 600 More Nurses

March 24, 2019, Alex Spanko, Skilled Nursing News - Therapy has taken center stage in the run-up to the new Medicare payment model for skilled nursing facilities, but a growing chorus has begun to frame the change as a return to the primacy of nurses in nursing homes — with a leading provider…

Florida Moves Closer To Repealing Certificate Of Need Law For Nursing Homes

March 24, 2019, Maggie Flynn, Skilled Nursing News - The Florida House last week approved House Bill 21, which would repeal certificate of need (CON) laws for health care facilities in the state, including hospitals, nursing homes, and hospices.  The bill now goes to the state Senate, which…

Avalon Senior Living Grows

March 22, 2019, Steve Monroe, SeniorCare Investor - Avalon Senior Living has partnered again with Eastridge Pacific Holdings, LLC (EPH), this time buying three senior living communities in California from HCP, Inc. that had…

PDPM’s Effects Could Stretch Far Beyond Medicare For Skilled Nursing Facilities

March 19, 2019, Alex Spanko, Skilled Nursing News - On paper, it appears that the Patient-Driven Payment Model (PDPM) will only affect one pillar of the payment equation for skilled nursing facilities.  But as players start to unpack the coming rule changes, PDPM’s reach begins to extend…

Ensign Expands California SNF Portfolio

March 8, 2019, Steve Monroe, SeniorCare Investor - One of the reasons big seniors housing and senior care operators (by big, we mean Brookdale– or HCR ManorCare-big) so often run into problems is that the business is difficult to scale.  It is still largely…

Frontier Management Sells The Frontier Four

March 8, 2019, Steve Monroe, SeniorCare Investor - Frontier Management just sold four of its Pacific Northwest seniors housing communities to a publicly-traded REIT but won’t be exiting entirely.  In addition to continuing as the operator, Frontier also retained a joint venture…

Lamb: CareTrust ‘Can’t Get Enough’ Skilled Nursing Assets

March 3, 2019, Alex Spanko, Skilled Nursing News - Survey after survey finds that investors remain skittish about skilled nursing, but a top executive at CareTrust REIT (Nasdaq: CTRE) says his firm has the opposite problem: There just aren’t enough solid properties available to satiate its…

Facilities Thriving Under Current Model Poised To Take Biggest Hits Under PDPM

February 26, 2019, Maggie Flynn, Skilled Nursing News - As skilled nursing providers prepare for a new Medicare reimbursement system, those providers with solid revenues under the current model may be in for the most severe declines going forward according to an recent analysis by Plante…

Sabra’s Matros Defends REITs, Looks Ahead To ‘Quiet Time’

February 25, 2019, Alex Spanko, Skilled Nursing News - After a rollicking 18 months that saw Sabra Health Care REIT (Nasdaq: SBRA) substantially restructure its portfolio, the company’s CEO is looking forward to some peace and quiet over the course of…

Sabra, Senior Care Centers Reach Settlement Deal Amid Provider’s Bankruptcy

February 24, 2019, Alex Spanko, Skilled Nursing News - Sabra Health Care REIT (Nasdaq: SBRA) agreed to drop its claims against Dallas-based, skilled nursing tenant Senior Care Centers amid the provider’s ongoing bankruptcy process, the REIT announced…