Commercial real estate finance firm Greystone and fellow lender and consulting firm MONTICELLOAM on Monday announced a joint venture combining their senior housing and health care lines of business. The joint venture is expected to provide a “one-stop-shop” of capital finance products for the health care and senior housing industries, the New York-based companies said […]
Long-term care facilities were mentioned only briefly during a U.S. Senate hearing on Thursday concerning health care workforce shortages, before leadership turned to broader issues of primary care physician scarcity and how rural and ethnic shortages in the sector will be exacerbated by the pandemic. Early in the conversation, Sen. Susan Collins of Maine, a […]
Skilled Nursing News was able to sit down (virtually) with Amy Kaszak, president of special needs plans for Virginia-based AllyAlign Health, to talk about current trends in the skilled nursing industry. Consolidation is on the horizon, Kaszak said, along with an increase in managed care, preventative services and home health supplemental options. AllyAlign Health was […]
After more than a year of mostly bad press from the pandemic, the skilled nursing industry is looking to reframe the narrative through localized communication tactics and an open dialogue with area families. Skilled Nursing News invited Villa Healthcare’s Linsey Cherveny and Janine Finck-Boyle, vice president of regulatory affairs at Leading Age to discuss the […]
The pandemic has accelerated a shift to private rooms in the skilled nursing space, an attempt to help curb infection, with 31 percent of operators making the change in some capacity last year. Chicago-based speciality investment bank Ziegler reported the statistic during a CFO workshop in April — research also showed 47 percent of operators […]
Invesque Inc. (TSE: IVQ.U) on Thursday updated shareholders on its continued separation from Symphony Care Network (SymCare) during its first quarter earnings call, with an intended 50 percent drop in SymCare assets long term. The Carmel, Ind.-based real estate investment firm began the first phase of its divestiture with the $20 million sale of its […]
Leadership at National Health Investors said they are cautiously optimistic for the future, with operators seeing an uptick in lead sales and move-ins alongside a rollout of vaccine clinics across its communities for the first financial quarter. Its skilled nursing segments, which represent more than 50 percent of its cash revenue in addition to entrance […]