News

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”…

Senior Care Centers Announces Plan To Strengthen Company

December 4, 2018, PRNewswire - Senior Care Centers, LLC, a leading skilled nursing and senior living provider with locations in Texas and Louisiana, today announced the implementation of a plan to strengthen the Company's financial footing while allowing it without interruption to continue…

Medicare Advantage May Be Exerting Wrong Influence On SNFs

December 4, 2018, Marty Stempniak, McKnight's Long-Term Care News - A new study out of Brown University by researcher Emily Gadbois, Ph.D., and coauthors takes a closer look at how private Medicare plans are attempting to influence which skilled nursing facilities patients use, and for how…

Which Nursing Homes Earned Payments & Penalties From CMS

December 4, 2018, Marty Stempniak, McKnight's Long-Term Care News - A new Kaiser Health News analysis reveals individual performances after

ManorCare, ProMedica Offer Look Inside New Skilled Nursing Giant

December 4, 2018, Alex Spanko, Skilled Nursing News - The leaders of the $4.4 billion mega-merger between ProMedica and HCR ManorCare on Tuesday peeled back the curtain on their far reaching…