News

Without A Waiver, Nursing Homes Won’t Receive Point-Of-Care Testing Units Under New Federal Push

July 15, 2020, Alex Spanko, Skilled Nursing News - The federal government on Tuesday announced an ambitious plan to send point-of-care tests directly to every nursing facility in the country.  But unless the building has a specific waiver allowing staffers to perform tests, the facility will…

Citing Internal Report, New York Opens Door For Nursing Home Visits — But Preaches Caution

July 13, 2020, Alex Spanko, Skilled Nursing News - Health officials in New York late last week signed off on the resumption of visits to nursing homes that meet a host…

CVS’s Omnicare Expands COVID-19 Testing At Nursing Homes

July 13, 2020, Maggie Flynn, Skilled Nursing News - A long-term care pharmacy company is not the first entity that comes to mind for testing for a major infectious disease.  But when that company has a major footprint in skilled nursing facilities across the country, it has some resources…

New Consulate COO On Joining A Nursing Home Giant During A Pandemic

July 10, 2020, Maggie Flynn, Skilled Nursing News - As COVID-19 maintains a hold in significant portions of the U.S., it’s poised to shake up some key aspects of how care is provided in the skilled nursing setting.  Consulate Health Care’s new chief operating officer, Tim Lehner, joined the…

MedCore Partners Acquires Seniors Housing Portfolio

July 10, 2020, Ben Swett, The SeniorCare Investor - MedCore Partners and The National Realty Group recently announced their purchase of a seven-property senior living portfolio located on the West Coast.  The acquisition  included five senior living communities in Washington State and two…

Top Markets For Multifamily Construction In 2020 - Part 1

July 7, 2020, Anca Gugic, Multi-Housing News - COVID-19’s impact on the multifamily development industry has spotty…

One Small Provider Tackles The Coronavirus, And Performs

July 6, 2020, Ben Swett, The SeniorCare Investor - As we all know by now, the coronavirus has been impacting providers very differently.  Some not-for-profits have been spared, while others have suffered greatly.  The very large national providers have seen surges in positive cases and deaths…

CDC: Repeat Testing, Infection Control Support Helped Cut Nursing Home COVID Rate From 35% To 18%

July 6, 2020, Alex Spanko, Skilled Nursing News - A comprehensive testing and infection-control collaboration helped dramatically reduce the rate of new COVID-19 positives in nursing homes from 35% to 18%, a new analysis from the Centers for…

‘No Good Options’: As COVID-19 Surges In The South And Sun Belt, Testing For Nursing Homes Lags Behind

July 6, 2020, Maggie Flynn, Skilled Nursing News - Texas and Arizona have emerged as new potential COVID-19 hotspots in the latter half of June, but despite widespread knowledge of the danger to elderly residents, skilled nursing facilities in those states still face hurdles in securing testing…

Q2 Senior Care M&A Falls To Seven-Year Low

July 2, 2020, Ben Swett, The SeniorCare Investor - Well, we can’t say we aren’t surprised. COVID-19 and the economic ramifications stemming from social distancing and quarantine measures took a toll on seniors housing and care M&A, leaving the sector with just…