SNF operators to continue to see profit margins shrink: report
By
Kathleen Steele Gaivin
Jan 23, 2023
Skilled nursing facilities operators should expect their profit margins to continue to shrink over the next four years, even as other segments of long-term care see modest gains. That’s according to...
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.
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...
Skilled nursing demand increasing, but staffing remains issue
By
Kathleen Steele Gaivin
Nov 07, 2022
killed nursing occupancy increased by 48 basis points from July to August to end the month at 78.8%, according to the National Investment Center for Seniors Housing & Care’s most recent skilled nursing...
Annual nursing home, home healthcare spending more than double the recent rate of healthcare overall
By
Kathleen Steele Gaivin
Oct 25, 2022
Nursing home spending has increased 10.2% year over year; home healthcare, by 10.5%. released Friday. That’s nearly double the overall national health spending rate, which grew in August 2022 by 4.9%,...
LTC Properties, PruittHealth joint venture buys 3 Florida SNFs for $62 million
By
Kathleen Steele Gaivin
Sep 13, 2022
LTC Properties announced Monday a $62 million joint venture with Norcrorss, GA-based PruittHealth to buy three skilled nursing facilities in northern Florida. PruittHealth is a new partner for the Westlake...
Nursing home sales, closures, halts to admissions come as staffing shortages continue
By
Kathleen Steele Gaivin
Sep 12, 2022
As staffing shortages continue to plague nursing homes, sales, closures and admissions stoppages are becoming more frequent, according to respondents to a survey by the Long-Term Care Imperative, a collaboration...
SNF occupancy declines slightly after 4 months of increases: NIC
By
Kathleen Steele Gaivin
Sep 07, 2022
After four months of increases, skilled nursing occupancy declined slightly in June, according to the latest Skilled Nursing Monthly Report from the National Investment Center for Seniors Housing & Care.
Demand patterns reverse course for skilled nursing
By
Kathleen Steele Gaivin
May 17, 2022
After reaching dramatic lows during the pandemic, demand patterns for skilled nursing have reversed over the past year, according to the National Investment Center for Seniors Housing & Care.
Buyers are bullish for skilled nursing, expert says
By
Kathleen Steele Gaivin
May 05, 2022
Even in today’s economy, buyers are bullish when it comes to investing in skilled nursing facilities, Jason Stroiman, president and founder of Chicago-based Evans Senior Investments, said Wednesday in...