News

Hospital Readmission Penalties For SNFs Pose 'Critical Problems,' Researchers Say

March 31, 2016, Emily Mongan, McKnights - A provision of the Protecting Access to Medicare Act that will penalize both the skilled nursing facility and hospital for rehospitalizations will require SNFs to address some “critical problems,” according to a new…

New Federally Led Task Forces To Crack Down On Nursing Home Abuses

March 30, 2016, Lisa Schencker, Modern Healthcare - Federal, state and local authorities will collaborate in 10 new regional task forces across the country to toughen enforcement against nursing homes accused of providing grossly substandard care to patients and residents,

HCP Chief Financial Officer To Step Down

March 28, 2016, Kourtney Liepelt, Senior Housing News - Timothy Schoen, executive vice president and CFO of HCP Inc. (NYSE: HCP), will step down in the coming months, the real estate investment trust (REIT) announced Monday.  He will remain at HCP through May 22 to oversee reporting of first…

Soaring Demand Should Make Senior Housing Catnip For Investors

March 28, 2016, Tim Mullaney, Senior Housing News - Senior housing real estate is one of five major investment opportunities created by aging populations, with demand for new senior housing units in the United States set to surge through 2030, a major global investment management firm has…

REITs Sheltered From Skilled Nursing Headwinds - For Now

March 28, 2016, Mary Kate Nelson, Senior Housing News - Meaningful headwinds are currently impacting skilled nursing facility (SNF) operators, with little chance of abating any time soon.  Still, there’s scarce reason to expect sector-wide bankruptcies, as occurred less than 20 years ago.

And…

CMS Doubles Funding For Rehospitalization Reduction Program

March 28, 2016, Emily Mongan, McKnights - The Centers for Medicare & Medicaid Services has pledged an additional $16.9 million to Indiana University's OPTIMISTIC project, the university announced…

CMS Will Test Paying More For Skilled Nursing To Curb Hospital Readmissions

March 24. 2016, Virgil Dickson, Modern Healthcare - The CMS will test whether paying skilled-nursing facilities more will help reduce avoidable hospital admissions among their long-term-care residents. Industry stakeholders…

Time To Move Forward

March 23, 2016, Ben Swett, Senior Care Investor - Activist shareholders can distract management from focusing on growth and cash flow, and maybe Brookdale and Capital Senior Living can move forward in peace.  Don’t you just hate distractions.  Andy Smith at Brookdale has…

Federal Nursing Home Benchmark Analytics Tool Launched

March 22, 2016, Kourtney Liepelt, McKnights - OnlyBoth has created a tool that uses Nursing Home Compare data to give insights into quality of care.  The innovative benchmarking engine searches for peer groups to compare based on relevant criteria, and can analyze more than 600,000 insights.

New Provider Launches, Helmed By Former Senior Lifestyle COO

March 22, 2016, Kourtney Liepelt, Senior Housing News - There’s another new entrant in senior living, and the recently launched owner, operator and developer has set out to become…