New company, 603Healthcare, assumes management of eight Genesis HealthCare properties
By
Kathleen Steele Gaivin
Sep 04, 2024
603Healthcare has assumed management of eight former Genesis HealthCare-owned senior living and care properties in New Hampshire, 603Healthcare announced Monday.
First facility assessment deadline leaves gaping questions about surveyor intent
By
Kimberly Marselas
Aug 14, 2024
Skilled nursing providers across the country were required late last week to complete their first enhanced facility assessment.
‘Remarkable year’ so far for Capital Funding Group includes $440 million in deal closings
By
Kathleen Steele Gaivin
Aug 13, 2024
Capital Funding Group closed more $440 million in healthcare bridge loans, HUD loans and other deals in the first half of the year, including millions in senior living and care transactions, the company...
How a growing nursing home company relies on superstar adopters to bust through tech barriers
By
Kimberly Marselas
Aug 07, 2024
At a time when many US nursing home staff express frustration with new burdens technology can bring, Mission Health is leaning in.
Brookdale finds itself in the midst of another federal inquiry, this time about skilled nursing
By
Lois A. Bowers
May 07, 2024
The country’s largest senior living company on Sunday found itself the subject of an inquiry related to a new federal mandate for minimum staffing at nursing homes. Brookdale Senior Living President...
‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
SNFs face ‘increased and increasingly hostile’ government scrutiny, attorneys say
By
Kathleen Steele Gaivin
Jun 06, 2024
The increased scrutiny facing nursing home providers since the COVID-19 pandemic includes “overall increased and increasingly sort of hostile approach by surveyors in the quality-of-care area,” according...
Federal final rule drops bring cries of ‘flawed,’ ‘aggressive,’ ‘dramatic’ from senior living...
By
Kimberly Bonvissuto
Apr 25, 2024
Late April brought a shower of regulatory changes as the federal government dropped four major final rules this week that the senior living and care industry is calling “flawed,” “aggressive” and...
Vi Living nears completion of $300 million redevelopment in Naples, FL
By
Kathleen Steele Gaivin
May 16, 2024
Vi Living on Monday opened the first building in the sixth and final phase of a $300 million redevelopment project at Bentley Village in Naples, FL. The cost for this phase was $92 million.
Ignite Medical Resorts breaks ground on its first new construction since 2020
By
Kathleen Steele Gaivin
Jun 25, 2024
Chicago-based Ignite Medical Resorts broke ground Thursday on a new skilled nursing facility in Batavia, IL. The company’s first new construction project since 2020 comes at a time when financing and...