Genesis Healthcare adds 38 former ProMedica SNFs to portfolio
By
Kathleen Steele Gaivin
Feb 01, 2023
Kennett Square, PA-based Genesis Healthcare is adding 34 nursing homes in Pennsylvania and four in Colorado, all formerly operated by Toledo, OH-based ProMedica Senior Care.
Business briefs, Jan. 24
By
Kathleen Steele Gaivin
Jan 24, 2023
OSHA pursuing violence prevention rule for long-term care … Senators seek staffing mandate reprieve for nursing homes … House members reintroduce bill requiring reporting of skilled nursing medical...
Fewer deals, higher pricing in skilled nursing transactions: NIC
By
Kathleen Steele Gaivin
Jan 17, 2023
Skilled nursing facilities’ transactions declined in 2022 amid higher pricing per bed, according to the National Investment Center for Seniors Housing & Care.
Skilled nursing deals see record year amongst senior housing and care M&A
By
Kathleen Steele Gaivin
Jan 12, 2023
Skilled nursing transactions set a record in 2022 for the highest number of transactions in a single year, according to data from LevinPro LTC.
55 percent of surveyed SNFs operating in the red, limiting admissions: AHCA
By
Kathleen Steele Gaivin
Jan 11, 2023
Fifty-five percent of skilled nursing providers responding to a recent survey by the American Health Care Association say that they are operating in the red, and 48% of respondents said that they would...
Increasing staff vaccination at nursing homes cuts COVID-19 infections
Jan 05, 2023
An increase in vaccination rate was linked to fewer COVID-19 cases and deaths among residents and cases among staff members.
SavaSeniorCare, Welltower, CareTrust divest from skilled nursing
By
Kathleen Steele Gaivin
Jan 03, 2023
SavaSeniorCare is set to transition the remaining five skilled nursing facilities in its portfolio to other operators by the end of January, in what seems to be a trend in long-term care that also involves...
SNFs see increase in Medicaid, Medicare payer mix; other payer mixes decrease
By
Kathleen Steele Gaivin
Dec 21, 2022
Skilled nursing facilities across the United States have experienced increases in both Medicaid and Medicare payer mix while other payer mixes have decreased in recent years, according to a three-year...
Price of proposed nursing home staffing mandate? Try $11.3B a year, new AHCA report finds
By
Kathleen Steele Gaivin
Dec 16, 2022
The American Health Care Association Thursday released an updated report from accounting and consulting firm CliftonLarsonAllen LLP detailing the costs of a potential federal staffing mandate for America’s...
Ziegler: Staffing challenges contribute to SNF downsizing decisions
By
Kathleen Steele Gaivin
Dec 13, 2022
Specialty investment bank Ziegler offers some guidance for not-for-profit providers of skilled nursing services considering downsizing.