News
February 7, 2021, Maggie Flynn, Skilled Nursing News - With a change in presidential administration comes changes in policy, and skilled nursing facilities should expect a shift in the approach of the federal government to regulation. As the SNF sector emerges from the devastation of COVID-19,…
February 5, 2021, Jeffrey Steele, Multi-Housing News - The first quarter of 2021 will see Summit Contracting Group breaking ground on four new multifamily projects. They are Sylvan Hills Senior, an independent senior living community in South Atlanta; Berry Hill Apartments, a market-rate…
February 5, 2021, Kimberly Marselas, McKnight's Long-Term Care News - Vaccination campaigns and reduced COVID-19 transmission may soon bring visitors back to nursing homes, but officials in one state are using legislation to wedge the doors open now. Indiana lawmakers are considering a bill…
February 5, 2021, Ben Swett, The SeniorCare Investor - The fourth-quarter earnings season is upon us, and Omega Healthcare Investors announced that it just closed a very significant acquisition. The REIT purchased 24 senior living communities for $510 million, or $199,840…
February 4, 2021, Maggie Flynn, Skilled Nursing News - A new study on COVID-19 among nursing home residents and staff found that the cases decreased at a faster rate among both groups after the first vaccine clinic took place in facilities, suggesting that transmission could decline in three…
February 4, 2021, Maggie Flynn, Skilled Nursing News - Nursing home operator The Ensign Group (Nasdaq: ENSG), fresh off of a year of solid operational results that prompted another complete return of federal aid, on Thursday indicated a growing push to capitalize on the value of its owned…
February 4, 2021, Alex Spanko, Skilled Nursing News - Against the backdrop of the COVID-19 pandemic, the federal government has left its new Medicare payment system for nursing homes virtually unchanged since the original rollout in October 2019 — but that doesn’t mean operators and investors…
February 2, 2021, Alex Spanko, Skilled Nursing News - Among the many long-standing issues that COVID-19 exposed in long-term care, the design of the facilities themselves stands as one of the most obvious. With new development of long-term care facilities almost…
February 2, 2021, Ben Swett, The SeniorCare Investor - Diversified Healthcare Trust is feeling the pain that most of the REITs also have been feeling: census is still dropping. Its senior housing operating portfolio (SHOP) posted a 380-basis point decline in census in the…
February 2, 2021, Steve Monroe, The SeniorCare Investor - In a lack of wisdom, North Dakota legislators are considering a bill to ban long-term care insurance policy sales for three years. Just as Medicaid funding is getting stretched and the need for long-term care services…