AdventHealth Completes Exit from SNF Business; 1,000+ Bed Portfolio Trades 

AdventHealth completes SNF exit Blueprint facilitated the completion of the sale of the wholly-owned skilled nursing portfolio of AdventHealth, a faith-based, nonprofit health system with headquarters in Altamonte Springs, Florida. The AdventHealth Care Centers portfolio included seven locations with 833 total licensed beds. According to Blueprint, nearly all facilities were 4 and 5-star CMS rated, […]

Symphony Rolls Out New Mental Health Service, Plans to Expand Across Portfolio

Symphony Care Network, a Midwest operator with more than 30 properties throughout Illinois, Indiana, Wisconsin and Michigan, is expanding its mental health services to better address a patient population that is more complex and sicker post-COVID. The Chicago-based company formed a new geriatric mental health service — Serenata Geropsychiatric Care program — that helps identify […]

Nursing Homes Post-COVID Must Prove Themselves to Hospitals Through Communication, Clinical Ability

For AdventHealth, COVID-19 didn’t remake its relationships with skilled nursing facilities as much as it intensified all the factors the Florida-based health system considered important. And as hospital patient volumes start to rise back to their pre-pandemic levels, SNFs need to know what hospitals are looking for and what matters to them. With hospital referrals […]