News

Nursing Homes Held By Skyline Owner Face Crisis, Bouncing Paychecks In Mass.

April 23, 2019, Maggie Flynn, Skilled Nursing News - A handful of nursing homes in Massachusetts held by the owner of the troubled Skyline chain have seen bounced paychecks in recent weeks — and at least one has had so many nurses’ aides leave that an entire floor had to close, The…

HHC Finance’s March Madness

April 17, 2019, Steve Monroe, SeniorCare Investor - Housing & Healthcare Finance posted a strong month in March with six HUD transactions closed for skilled nursing facilities in Florida, New Jersey, New York and Texas, plus one for a 156-bed supportive living facility in Illinois, all totaling…

Misleading Information For Consumers

April 17, 2019, Steve Monroe, SeniorCare Investor - A professor with a new book on dementia care claims a semi-private room in a “decent” nursing facility in a big city costs $240,000 per year. Hogwash.  I hate it when bad information gets out there, and a professor of psychiatry…

CMS Shares Strategies For Successful Collaborations Between ACOs, Nursing Homes

April 16, 2019, Maggie Flynn, Skilled Nursing News - The federal government released a breakdown of strategies that accountable care organizations (ACOs) have used to successfully partner with skilled nursing facilities — a move that could indicate policymakers’ continued support of the care…

REIT Resurgence Could Boost Skilled Nursing M&A Despite Near-Term Stress

April 16, 2019, Alex Spanko, Skilled Nursing News - The recent bullish performance of publicly traded real estate investment trusts (REITs) could have a virtuous cycle effect in the space, potentially boosting mergers-and-acquisitions activity in the skilled nursing and broader health care…

AHCA CEO: New Tax Law Raises Financial Pressure On Skilled Nursing Facilities

April 14, 2019, Maggie Flynn, Skilled Nursing News - The Tax Cuts and Jobs Act adds to the financial headwinds already rattling skilled nursing facilities by removing a key deduction without any kind of offsetting mechanism, American Health Care Association (AHCA) president and CEO Mark Parkinson 

The Bottom Line: How Summit REIT CFO Pagliarini Evaluates Skilled Nursing Deals

April 14, 2019, Alex Spanko, Skil.ed Nurisng News - Summit Healthcare REIT, Inc. has a bullish outlook on skilled nursing properties over the coming years, but that doesn’t mean every property is a winner.  As of the end of 2018, the Lake Forest, Calif.-based real estate investment trust…

Senior Housing Properties Trust Still Falling

April 12, 2019, Steve Monroe, SeniorCare Investor - It has been more than a week since Senior Housing Properties Trust (NASDAQ: SNH) and Five Star Senior Living made their announcement…

How Occupancy Impacted 2018 Assisted Living Values

April 11, 2019, Steve Monroe, SeniorCare Investor - As we’ve mentioned several times, 2018 was a tough year for assisted living occupancy, as new development took its toll on a number of markets.  Low occupancy often leads to lower operating margins and less cash flow, especially when operators…

Physician Groups Have Skilled Nursing Opportunity In PDPM — If They Take Action

April 11, 2019, Maggie Flynn, Skilled Nursing News - The clinical condition and medical complexities of skilled nursing patients will drive reimbursement under the new Medicare system — giving physician groups that serve skilled nursing facilities the opportunity to have a major impact on…