News

NewPoint Real Estate Capital Completes Asset Acquisition Of Housing & Healthcare Finance

December 7, 2021, NewPoint Real Estate Capital - Merges Businesses to Expand Company’s FHA Multifamily and Healthcare Lending Platform.  NewPoint Real Estate Capital LLC (“NewPoint”) announced today it has acquired certain assets…

Skilled Nursing Occupancy Declines After Seven-Month Rise

December 5, 2021, Amy Stulick, Skilled Nursing News - After a seven-month streak in occupancy gains, skilled nursing facilities experienced a decline from August to September.  Despite decreasing 27 basis points to 75% in September, overall occupancy is still 355 basis points above its low…

CMS Suspends Vaccine Mandate, Appeals Court Injunctions

December 5, 2021, Amy Stulick, Skilled Nursing News - The Centers for Medicare & Medicaid Services (CMS) has suspended its vaccine mandate for health care staff, including those who work in nursing homes, so long as court injunctions remain in effect.  CMS announced the mandate suspension…

14% Uptick In Patients Being Discharged Home From Nursing Homes

November 29, 2021, Alex Zorn, Skilled Nursing News - An analysis of over 90,000 custodial patients from 517 skilled nursing facilities (SNFs) across the country found a 14% increase between 2019 and 2021 in the number of patients being discharged home, according to recent analysis by care…

10-State Injunction Buys Nursing Homes More Time On Vaccine Mandate

November 29, 2021, Amy Stulick, Skilled Nursing News - The U.S. District Court for the Eastern District of Missouri on Monday issued a preliminary injunction against the Biden administration’s COVID-19 vaccine mandate, blocking the requirement for health care workers in 10 states.  Nursing…

Private Equity-Owned SNFs

November 24, 2021, Ben Swett, The SeniorCare Investor - Here we go again.  According to a new study published by JAMA Health Forum, private equity-owned nursing homes are not cutting it compared to those nursing homes owned by other for-profits.  In addition, PE-owned homes were…

Active Adult Development Market Stays Strong

November 24, 2021, Ben Swett, The SeniorCare Investor - We’ve been hearing all about increased interest in the active adult sector, and we’ve been seeing a lot of it too as many new communities have broken ground or opened their doors within the past month.  In July, we reported on Trez…

Residents Of Washington State Getting Bamboozled

November 24, 2021, Ben Swett, The SeniorCare Investor - In just five short weeks, the residents of Washington State will begin paying a new payroll tax to fund a “long-term care” benefit, called the WA Cares Fund.  It is the first state-wide mandated LTC tax, and we have previously voiced…

CMS Guidance Tackles Survey Backlog, Lifts Nursing Home Visitation Limitations

November 12, 2021, Amy Stulick, Skilled Nursing News - The Centers for Medicare and Medicaid Services (CMS) on Friday issued two updates regarding survey and visitation guidance — steps to address the backlog of complaint and recertification surveys, and revising visitation to include “all…

60 Seconds With Steve Monroe: Winners & Losers

November 10, 2021, Steve Monroe, The SeniorCare Investor - As we have mostly finished with the third quarter earnings results, it does appear that the market continues to bifurcate between the winners and losers.  Or, at least, between those who are successfully coming out of the pandemic…