News
April 30, 2020, Maggie Flynn, Skilled Nursing News - Major skilled nursing operator PruittHealth last week announced that it was entering a partnership with a coalition of providers to expand COVID-19 testing at its facilities across Florida, Georgia, and North and South…
April 29, 2020, Englewood Health News - Englewood Health has appointed Richard Lerner of Alpine, New Jersey, its chairman of both its system and hospital boards. Lerner, a partner of Housing & Healthcare Finance, LLC (HHC Finance), has been a member of the system board since 2016 and the…
April 29, 2020, Ben Swett, SeniorCare Investor - The team at Housing & Healthcare Finance has closed a couple of HUD financings totaling $57 million. There was a $34.1 million loan for a portfolio of five skilled nursing facilities located throughout…
April 27, 2020, Alex Spanko, Skilled Nursing News - Prior to the start of the COVID-19 pandemic, skilled nursing facilities that specialize in post-acute care were a rare target of true investor excitement…
April 27, 2020, Alex Spanko, Skilled Nursing News - Over the years, nursing home operators have found themselves in the spotlight for negative reasons — usually in the wake of isolated stories of abuse and neglect, or tales of owners who bilked the government for money at the expense of quality…
April 26, 2020, Maggie Flynn, Skilled Nursing News - The COVID-19 pandemic has pushed hospital system capacity to the breaking point in some parts of the country, and wrought particular havoc in the skilled nursing setting. All eyes have been on the health care system, with a particular…
April 23, 2020, Erika Morphy, GlobeSt.com - Apartment market conditions significantly weakened in the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for April 2020. The survey found that indexes tracking Market Tightness (12), Sales Volume (6), Equity…
April 23, 2020, Alex Spanko, Skilled Nursing News - New York Gov. Andrew Cuomo on Thursday announced a statewide investigation into nursing homes, with the support of the state’s attorney general and health department, amid the ongoing COVID-19 pandemic. Under the terms of the initiative,…
April 22, 2020, Maggie Flynn, Skilled Nursing News - Skilled nursing operators across the U.S. are grappling with the challenge of caring for patients most vulnerable to COVID-19 while staying on top of a variety of state and federal guidelines. To do that without getting overwhelmed, it’s…
April 22, 2020, Alex Spanko, Skilled Nursing News - The Senate this week passed an updated stimulus bill that will load an additional $75 billion into a dedicated relief fund for health care providers, though nursing homes that rely on Medicaid for income are still waiting for the first distribution…