News

Capital Senior Living Continues To Shrink

November 6, 2020, Ben Swett, The SeniorCare Investor - As many of you know, for several years we have been pressing Brookdale Senior Living to reduce its size further than what it has already accomplished.  In the meantime, Capital Senior…

SNF Finance CEOs On The Future: Recovery Unclear, But Hands-On Approach More Important Than Ever

November 5, 2020, Alex Spanko, Skilled Nursing News - If there’s been one constant in 2020, it’s been uncertainty — and the post-acute and long-term care landscape has seen more than its fair share.  For operators and the residents they serve, that murkiness has taken the form of shifting…

BrightStar CEO: We Are Cracking The Code On Franchise-Based Senior Living

November 4, 2020, Tim Mullaney, Seniors Housing News - Entrepreneur Shelly Sun built BrightStar Care into one of the largest home care providers in the United States, and Covid-19 has made her even more bullish on her company’s…

Despite COVID Headwinds, New Plans Still See Clinical And Financial Promise In I-SNPs

November 4, 2020, Maggie Flynn, Skilled Nursing News - In the years just prior to the arrival of a global pandemic that uniquely affects skilled nursing facilities, many providers were interested in expanding their role in the provision of care by moving into the insurance field.  And even…

SavaSeniorCare To Offload 48 Skilled Nursing, Assisted Living Facilities In Post-Pandemic ‘Strategic Plan’

November 3, 2020, Alex Spanko, Skilled Nursing News - SavaSeniorCare on Tuesday announced a plan to transfer the operations of 48 skilled nursing facilities and assisted living properties in eight states by the end of next year, as the Atlanta-based operator looks to pivot to a more regional…

A Novel Idea: Bonus Payments To Skilled Nursing Facilities

November 2, 2020, Ben Swett, The SeniorCare Investor - We were heartened to hear that 10,631 nursing facilities will be receiving a total of $333 million from HHS based on improving COVID-19 metrics.  While it sounds like a lot, it comes to just over $31,000 per facility.  The good news is…

Welltower Takes $97 Million Write-Down On Genesis In Wake Of ‘Going Concern’ Notice

October 29, 2020, Alex Spanko, Skilled Nursing News - Welltower Inc. (NYSE: WELL) took a $97 million write-down associated with properties operated by Genesis HealthCare (NYSE: GEN) amid concerns about the nursing home giant’s future, the real estate…

Report: Nursing Homes Endure Massive PPE Shortages

October 27, 2020, Public Interest Research Group - Seven months into COVID-19 pandemic, 226,000 nursing home residents nationwide at risk.  Thousands of nursing homes nationwide are dealing with horrific shortages…

Top 5 Multifamily Projects Under Construction In Pittsburgh

October 26, 2020, Corina Stef, Multi-Housing News - Some 900 units—accounting for close to half of the development pipeline—are underway in downtown Pittsburgh, according to Yardi Matrix data.  Multifamily development in Pittsburgh is…

Century Rehab’s New CEO On The Pitfalls Of Telehealth In Nursing Homes — And Demand For Therapists Amid COVID

October 25, 2020, Maggie Flynn, Skilled Nursing News - The world of third-party rehabilitation was braced for a change in the skilled nursing setting when the Patient-Driven Payment Model, the Medicare reimbursement overhaul that took effect last year, effectively removed therapy as the driver…