A three-facility skilled nursing portfolio in North Carolina received $48.1 million in financing from MONTICELLOAM. Meanwhile, an owner-operator sold a 64-bed skilled nursing facility in California to a local buyer that is leasing to Sun Mar Healthcare. North Carolina SNF Gets $48.1M MONTICELLOAM and affiliates funded $48.1million in combined bridge and working capital financing for […]
American Healthcare REIT (NYSE: AHR) reported another strong quarter, lifted by the best operating environment for long-term care in decades, executives said, highlighting Trilogy as one of its leading segments driven by a centralized revenue management approach that AHR is now leveraging across its portfolio. AHR’s quarterly performance was generally a testament to the strength […]
Sabra Health Care REIT (Nasdaq: SBRA) continued its shift away from skilled nursing facilities (SNFs) toward managed senior housing operations during the third quarter, but executives pushed back on the notion that the move reflects “herd” behavior, citing favorable demographics and market conditions. While Sabra’s focus on SNFs this year has been less, it won’t […]
The Ensign Group (Nasdaq: ENSG) acquired the real estate and operations of skilled nursing facilities in Utah and Alabama. Meanwhile, Blueprint facilitated the sale of properties in Colorado and Kentucky. Ensign expands footprint Ensign announced Monday that it acquired the real estate and operations of seven skilled nursing facilities (SNFs) in Utah and one in […]
Amid record occupancy, rising Medicare managed care, and growth through 22 acquisitions in the third quarter, Ensign Group (Nasdaq: ENSG) maintained strong clinical performance and added new service lines to care for more complex residents. The demand for Ensign’s services will only grow given that the facilities are successfully able to care for higher acuity […]
Executives at Omega Healthcare Investors (NYSE: OHI) said the company’s third quarter was marked by operational improvements and high occupancy, enabling the company to pursue additional investments, as they shared details on its latest $222.4 million joint venture with affiliates of Saber Healthcare. CEO Taylor Pickett lauded the Saber deal as one of a kind. […]
Omega Healthcare Investors (NYSE: OHI) formed a $222.4 million property joint venture with affiliates of Saber Healthcare to own and lease 64 skilled nursing facilities previously wholly owned by Saber, the company announced in its third-quarter earnings release Thursday. Omega received a 49% stake in exchange for 5.5 million equity units in its operating partnership […]
A series of troubling incidents at Vermont’s largest nursing homes previously owned by Genesis HealthCare – ranging from neglect and injuries to a resident death – has exposed deep flaws in how the state oversees nursing home ownership transfers. That’s according to a report in VTdigger, which stated that the recent spike in violations in […]
LTC Properties (NYSE: LTC) announced the sale of five skilled nursing centers, with total proceeds of $79 million. LTC’s 5-SNF property sale LTC Properties (NYSE: LTC) announced the sale Thursday of five skilled nursing centers, completing its planned disposition of a seven-property portfolio. The sale included four located in Virginia for $51 million, and one […]
Amid Medicare Advantage’s rise, future policy shifts – including faster prior authorization requirements and Medicaid cuts – could increase nursing homes’ challenges with uncompensated care and care transitions. Experts say proactive planning and greater technology use can help facilities ease patient transfers and reduce costly hospital delays. At a recent webinar moderated by Skilled Nursing […]
A Colorado nursing home with over 95% occupancy was sold for $13 million, while several skilled nursing facilities in Boston, Philadelphia, and central North Dakota were also sold. 80-bed SNF in Colorado Sells for $13M Kiser Group Seniors Housing, in collaboration with SVN Senior Living Advisors, successfully brokered the $13 million sale of Forest Ridge, […]
Editor’s note: On Friday, Oct. 31, the Centers for Medicare and Medicaid Services (CMS) slightly revised its guidance, noting some changes to revisit surveys. During the ongoing federal government shutdown, many Medicare-related survey and certification activities for nursing homes will be paused, the Centers for Medicare and Medicaid Services (CMS) said in a memo issued […]
Clif Porter, president and CEO of the largest advocacy group for nursing homes in America, said that among the year’s major wins for the sector – such as the freeze on provider taxes – were hard-won battles, but certainly a welcome development amid looming challenges and the current economic climate. In an exclusive interview with […]
ExaCare AI, which creates technology to automate operations in post-acute care facilities, has raised $30 million in Series A funding to enhance its AI platform for skilled nursing and home care. Used in over 1,500 facilities – including National Health Care Associates, Journey Skilled Nursing, Monarch Healthcare Management, Majestic Care, and Ignite Medical Resorts – […]
Physical therapists saw moderate wage increases between July 2024 and June 2025, with long-term care PTs experiencing the second-highest average pay increase at 2.92%, according to a report released Wednesday. The latest Rehabilitation Salary & Benefits Report from Hospital and Healthcare Compensation Service (HCS) revealed that hospital PTs saw the highest average pay increase at […]
The nursing home sector hopes to move away from outdated, punitive oversight and toward a more constructive, modern regulatory model in 2026 and beyond – an approach Clif Porter, president and CEO of the American Health Care Association and National Center for Assisted Living (AHCA/NCAL), has been tirelessly working to achieve and refers to as […]
MONTICELLOAM facilitated two loans totaling over $117 million, supporting 1,000 nursing home beds across the East Coast. Meanwhile, a skilled nursing facility was sold in Kentucky. $70M bridge loan for SNF portfolio in Massachusetts and Rhode Island MONTICELLOAM announced the financing of $70 million in senior bridge loan for eight skilled nursing facilities in Massachusetts […]
As census rebounds across nursing homes, the growing influence – and financial strain – of Medicare Advantage is pushing providers to rethink both their payer mix and physical design of buildings. While the industry is clearly moving toward Medicare Advantage and value-based care models – and making accommodations to balance quality care with reduced reimbursement […]
Lawmakers have sent a letter to Genesis HealthCare’s leadership, accusing its private equity investors of “looting” and contributing to the company’s Chapter 11 bankruptcy filing over the summer. Genesis, one of the largest skilled nursing providers in the U.S., operates nearly 200 nursing and senior living facilities and over 1,400 rehab centers, filed for bankruptcy […]
Driven by its cluster model, The Ensign Group (Nasdaq: ENSG) has pursued a deliberate and consistent acquisition strategy – focusing on markets where it already has a footprint. “Our goal isn’t necessarily to be in all 50 states,” Chairman and CEO Barry Port told the Orange County Business Journal, emphasizing that the company prefers expanding […]
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