CareTrust Embraces Complexity with $500M Acquisition of American Health Communities Portfolio

Leaders with CareTrust REIT (NYSE: CTRE) added more detail surrounding the company’s latest investments, including the acquisition of 31 skilled nursing facilities in Tennessee and Alabama for $500 million, along with another transaction yet to close for $57 million involving four skilled nursing facilities located in the Northeast. American Health Partners was announced as the […]

Nursing Home Leaders Connect with Staff in New Ways to Drive Retention

With the federal staffing mandate pending, many nursing home operators are looking for ways to retain their current staff. Research has shown that the role of regional clinical leadership – and the turnover rates of NH administrators (NHA) and directors of nursing (DON) – have an impact on overall quality. Stuart Almer, the CEO of […]

Diversicare Announces Steve Nee as New CEO

Diversicare announced Steve Nee as its new CEO after conducting a long search following the departure of the company’s previous chief executive last August. Nee joins Diversicare with more than a decade of experience in long-term care delivery and administration in positions of increasing responsibility, including administrator, vice president of operations, chief operating officer, and […]