News

PDPM, Bankruptcies, & Megadeals

December 19, 2018, Alex Spanko, Skilled Nursing News - Now that you’ve had a chance to check out our top predictions for 2019, it’s time for a look back at the stories that shook the skilled…

Creative Solutions Co-Founder Sees ‘Endless Opportunity’ In Texas, Skilled Nursing

December 18, 2018, Magge Flynn, Skilled Nursing News - Gary Blake, the co-founder of the Texas skilled nursing operator Creative Solutions in Health Care, sees history repeating itself as the year turns over and the industry prepares for the new Patient-Driven Payment Model (PDPM).  He started…

Skilled Nursing Occupancy Increases Slightly, May Be First Sign Of Recovery

December 18, 2018, Jeff Shaw, REBusiness Online - The skilled nursing occupancy rate saw a slight uptick in the third quarter of 2018, increasing 14 basis points to 82.2 percent, according to data from the National Investment Center for Seniors Housing & Care…

Looking Ahead To The Top Skilled Nursing Trends Of 2019

December 17, 2018, Alex Spanko & Maggie Flynn, Skilled Nursing News - We’ve made it to the end of 2018, which will likely go down as one of the most eventful years in the history of the long-term and post-acute care industry.  Between the first round of Value-Based Purchasing penalties taking…

Facing Declining Census, Struggling SNFs Turn To Assisted Living, Home Health

December 10, 2018, Alex Spanko, Skilled Nursing News - As occupancy levels continue to fall in skilled nursing facilities, some providers will have to think outside the box — and sometimes outside their walls — to make the best use of their space and their resources.  But they might have…

Private Equity Must Be Nimble, Innovative To Succeed In Skilled Nursing

December 9, 2018, Alex Spanko, Skilled Nursing News - Tempted by demographic trends and a new reimbursement system, private equity has taken a keen interest in the skilled nursing industry over the past year.  But executives at these investment vehicles would be foolish to think they can…

MBA: Commercial, Multifamily Mortgage Delinquencies Remain Historically Low

December 7, 2018, Ben Lane, HousingWire - Delinquency rates on commercial and multifamily mortgages stayed nearly historic lows during the third quarter, the Mortgage Bankers Association reported this week.  “Commercial and multifamily mortgage delinquency rates are extremely…

Sabra Inks Deal To Sell 38 Senior Care Centers

December 6, 2018, Alex Spanko, Skilled Nursing News - Sabra Health Care REIT (Nasdaq: SBRA) on Thursday announced a $385 million deal to sell all 38 buildings in its portfolio operated by troubled skilled nursing provider Senior Care Centers.  The deal — which the Irvine, Calif. based real…

HHC Finance Wrapping Up 2018 With Two Northeast Transactions

December 5, 2018, Steve Monroe, SeniorCare Investor - Seniors housing and care M&A may be slowing towards the end of 2018, but the lenders are still closing plenty of transactions.  One of them, Housing & Healthcare Finance (HHC Finance), closed two HUD loans…

Senior Care Centers Files For Bankruptcy

December 5, 2018, Lois Bowers, McKnight's Senior Living - Dallas-based Senior Care Centers LLC has filed for bankruptcy, the company announced Tuesday, citing cuts in reimbursement and payments from private insurers, “burdensome”…