News

Are Nursing Home Residents Really “Sitting Ducks”?

April 15, 2020, Steve Monroe, SeniorCare Investor - Nursing home residents live there because they are frail and often with major illnesses.  As a result, they are more prone to infections than others, with worse outcomes.  But don’t call them sitting ducks.  We all know that The…

Seniors Housing Goes Into Capital Preservation Mode

April 14, 2020, Matt Valley, Seniors Housing Business - COVID-19 outbreak slows transactions, forces companies to take a defensive posture.  The stabilization of the U.S. economy and its pace of recovery is inextricably linked to the speed at which the spread of the COVID-19 pandemic can…

Capital Senior Living Files Registration Statement

April 13, 2020, Steve Monroe, SeniorCare Investor - At the end of last week, Capital Senior Living filed an S-3 registration statement for the issuance of up to $150 million in various securities.  And when we say “various,” we mean it. It could be common stock, preferred…

Q1 M&A Activity Falls Below 100 Deals

April 10, 2020, Ben Swett, SeniorCare Investor - SeniorCare For the first time since the first quarter of 2018, quarterly seniors housing and care deals dropped below 100 in Q1:2020, to 93 deals.  Averaging 31 deals per month is not too shabby, but compared with the red-hot M&A market of…

Helios Healthcare Advisors Sources Tenant In Texas SNF Sale

April 10, 2020, Ben Swett, SeniorCare Investor - At the start of April, the team at Helios Healthcare Advisors including Jeff Rhodes, Bill Janis and Mario Wilson, successfully sourced a tenant and structured the lease…

REITs Start To Cut Dividends

April 6, 2020, Steve Monroe, SeniorCare Investor - The healthcare Real Estate Investment Trusts have been the hardest hit in our sector during the recent stock market plunge.  Many are worried about their own liquidity and drew down on their credit facilities, even if they didn’t need the…

Amid Shortages, Using PPE According To CMS Guidelines Could Cost Nursing Homes $10K A Day — Or More

April 6, 2020, Maggie Flynn, Skilled Nursing News - Updated guidelines on the use of personal protective equipment (PPE) are causing major headaches for health care providers across the continuum, as both acute and post-acute care settings grapple with supply shortages and a surge in cases…

Officials Offer Financial Incentives For COVID-Focused SNFs Ahead Of Peak Cases

April 6, 2020, Maggie Flynn, Skilled Nursing News - Nursing homes in Connecticut will get a 10%, “across-the-board increase” in their Medicaid reimbursements — with operators that volunteer to turn their facilities into dedicated COVID-19 treatment facilities eligible for even greater financial…

ASHA/Argentum Joint Response to Wall Street Journal

April 5, 2020 - The article that appeared in The Wall Street Journal (Assisted Living Facilities are Vulnerable to Coronavirus) on April 5, 2020 mistakenly takes a position opposite of the fact that assisted living residences are as well prepared as other settings to combat the presence of…

Assisted-Living Facilities Are Vulnerable To Coronavirus

April 5, 2020, Elizabeth Koh & Arian Campo-Flores, Wall Street Journal - Assisted-living facilities, a booming but lightly regulated industry that houses roughly a million elderly patients in Florida and across the nation, are ill-prepared for the growing novel coronavirus pandemic, some…