Skilled nursing facilities are counting down to Nov. 28, when a new survey process will begin. The updated survey is part of the sweeping regulatory overhaul that began to take effect in November 2016, with implementation to occur in three phases. The new survey is part of the second phase, and it includes a number […]
Post-acute giant Kindred Healthcare (NYSE: KND) is not afraid of making changes—including currently exiting the skilled nursing industry after years of being a major provider. But for staff recruitment, the Louisville-based company is a big believer in tried-and-true methods. Like other providers across the health care spectrum, Kindred has been utilizing social media and other digital […]
Greystone Healthcare Management has named Melissa Purvis its new chief nursing officer, in charge of overseeing operations of 35 skilled nursing facilities that the Tampa, Florida-based company manages. Formerly, Purvis served as national director of clinical practice for Golden Living from 2014 to 2016; the Plano, Texas-based company operates about 300 skilled nursing facilities across […]
After boosting referrals and admissions through a pilot program, StoneGate Senior Living is launching a “Central Intake Center” at its Dallas headquarters. The new CIC is meant to create a more streamlined admissions process for its 12 buildings in the Dallas market, making StoneGate a provider of choice for referral sources like hospitals as well […]
If skilled nursing operators are planning to provide custodial long-term care for years to come, they might want to think again. “Custodial care has no place in skilled nursing, in my opinion,” Rick Matros, CEO of Sabra Health Care REIT (Nasdaq: SBRA), said Wednesday at the National Investment Center for Seniors Housing & Care (NIC) […]
Investors have been less interested in buying skilled nursing properties this year, as they have shifted their attention more toward private-pay assisted living. Overall transaction velocity in the skilled nursing sector has declined 17% over the past year, according to a new report from Marcus & Millichap, a Calabasas, Calif.-based commercial real estate brokerage and research […]
In the aftermath of Hurricane Irma, the lack of air conditioning at a Florida skilled nursing facility (SNF) appears to have led to the death of eight residents, spurring action to ensure resident safety at other SNFs throughout the state. Early Wednesday, police arrived at the 152-bed Rehabilitation Center of Hollywood Hills in Hollywood, Fla., […]
Skilled nursing facilities (SNFs) in Florida and elsewhere in the Southeast are facing an enormous test. Hurricane Irma forced an unprecedented number of evacuations prior to making landfall in Florida early Sunday morning, with the storm’s size and severity creating complications as SNFs executed their emergency plans. Irma is expected to weaken by Monday morning, […]
Sabra Health Care REIT (Nasdaq: SBRA) is pursuing a multi-pronged repositioning strategy to improve the performance of certain new additions to its portfolio, following the mega-merger with Care Capital Properties. The merger with real estate investment trust CCP added 359 properties, mostly skilled nursing, to Sabra’s existing portfolio of 205 skilled nursing, private-pay senior housing, […]
A new campaign is trying to spark conversations about aging and senior care by spreading a simple message: old people are cool. These conversations are crucial to combating ageism and dispelling myths and fears about skilled nursing and other types of care, says Charles de Vilmorin, who started the project. He is CEO and co-founder […]
Quality Care Properties (NYSE: QCP) has begun legal proceedings to have an independent receiver take over the operations of its skilled nursing and assisted living/memory care communities that currently are being operated by HCR ManorCare. Toledo, Ohio-based ManorCare operates more than 500 skilled nursing facilities (SNFs), assisted living communities, outpatient rehab clinics, memory care communities, […]
It’s no secret that the number of skilled nursing beds is declining across the nation. A situation currently playing out in Chicago illustrates some of the reasons for this trend, including a push for more care to be delivered in people’s homes. Northwestern Medicine, a major Windy City integrated health care system, is shutting down […]
About six months after announcing its intention to cease being an owner and operator of skilled nursing facilities, Kindred Healthcare (NYSE: KND) has struck a deal to sell its SNF business for $700 million in cash. The total value of the transaction to Kindred is expected to be $910 million, the Louisville-based company announced late […]
With skilled nursing facing a labor crunch that could explode into a full-scale crisis, one major provider association has launched a Center for Workforce Solutions. Washington, D.C.-based LeadingAge — an organization with more than 6,000 members, mostly consisting of non-profit senior care providers — officially announced the Center for Workforce Solutions last week. It will […]
Symphony Post Acute Network has helped redefine the skilled nursing, transitional care business—so much so, some other providers in Symphony’s markets are banding together to stay competitive. But what exactly does Symphony’s model involve? It’s a mixture of elements that together create a “super SNF,” Symphony President Tim Fields said Tuesday at the Post Acute […]
Younger certified nursing assistants (CNAs) tend to have different complaints about the skilled nursing workplace than older CNAs, and awareness of these generational differences could be the first step toward more effective retention efforts. That’s one key takeaway from a small study out of Armstrong State University in Savannah, Ga. Researchers surveyed 100 CNAs at […]
Anyone hoping for skilled nursing occupancy to bounce back this year might want to adjust their expectations. Occupancy for skilled nursing is projected to dip 40 basis points in 2017, hitting 86.4% by year-end, according to a recently released Marcus & Millichap Seniors Housing Research National Report for the first half of 2017. The Calabasas, […]
Kindred Healthcare (NYSE: KND) may not be a skilled nursing operator for much longer, but the company plans to remain a major force in post-acute care—and it has just launched a new business division to help achieve that goal. Louisville-based Kindred has tapped Brian Holzer, M.D., to serve as president of the new division, Kindred […]
Skilled nursing developers looking for prime markets for new construction might have 3,000 reasons to consider Hilton Head, South Carolina. That’s because Hilton Head will soon boast a Latitude Margaritaville community, featuring more than 3,000 homes for those who are at least 55 years old and want a lifestyle inspired by the iconic songs of […]
Seniors routinely say they would prefer to age at home rather than enter a care facility. However, it appears they are becoming increasingly nervous about their ability to do so. Compared to how they felt a year ago, nearly three in 10 seniors feel less prepared today to live independently in their own homes as […]
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