Indiana-based Majestic Care added six properties in Ohio to its portfolio. Meanwhile, Ensign announced its part in a recent acquisition of Alabama and Tennessee properties formerly operated by American Health Communities and Rehab America. Majestic Care Adds Six Nursing Homes in Ohio Indiana-based Majestic Management added six long-term care facilities to its portfolio effective Dec. […]
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 […]
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 […]
A big question that operators must ask themselves when considering involvement in an institutional special needs plan, or I-SNP, is ultimately wrapped up in how much money is being made on the Medicare Part B therapy side, some say. It might not make financial sense to sign up for an I-SNP if a SNF operator […]
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 […]
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