Skilled Nursing Must-Reads: The $1 SNF, Occupancy Drops

Welcome to Skilled Nursing News’s weekly roundup of the top headlines you need to see to kick-start your morning — from a SNF with a curiously low asking price to more negative trends in occupancy to the long-term effects of a lawsuit over snacks in Pennsylvania.

SNN readers flocked to the story of a former Pennsylvania nursing home that was on the online auction block for $1 — plus more than $200,000 in back taxes that the buyer would be required to pay within five days of the sale. The property, once a hotel, features nearly 35,000 of space and was advertised as a potential religious retreat, halfway house, psychiatric facility, or nursing school. As of Friday afternoon, the Cambridge Springs, Pa. home was listed as in escrow.

The National Investment Center for Seniors Housing & Care (NIC) came out with more bad occupancy news, releasing a breakdown that revealed nursing care occupancy had dropped to 86.2% — a record low, according to NIC.

Advertisement

Depending on how the results of a false-advertising suit plays out, SNFs in Pennsylvania may need to tread significantly more carefully when promising things like round-the-clock snacks in their marketing materials — and a lawyer tells SNN how operators around the country can avoid similar problems.

Though it’s exiting the skilled nursing business, Kindred Healthcare shared some universal tips for finding and maintaining good employees at a conference in Chicago.

And finally, Senior Care Centers — Texas’s largest SNF operator — is facing regulatory heat over its response to the flood waters from Hurricane Harvey, while StoneGate looks to modernize the intake approach with a new dedicated center in Dallas.

Written by Alex Spanko

Companies featured in this article:

, , , ,