As president of Oregon-based skilled nursing operator Avamere Living, Carl Tabor brings many years of experience managing clinical operations in a variety of health care settings. Tabor worked as an RN for many years before coming a licensed nursing home administrator and still carries an active RN licensure today. His work as a nurse led […]
With nursing home operators having a couple months to process the minimum staffing proposal, many are taking a hard look at what would need to change to meet the proposal in its current form, and what revisions would make the most sense. Leaders with Trilogy Health Services, Avamere Living and Ignite Medical Resorts caution that […]
Nursing home occupancy continues to slowly improve, a trend that along with higher reimbursement rates going forward, will improve the bottom line for Sabra Healthcare REIT (Nasdaq: SBRA), according to executives. Rick Matros, CEO of Sabra, said during the company’s second quarter earnings call on Tuesday that he expects a large increase to next year’s […]
Ongoing portfolio restructuring suppressed first quarter earnings for Sabra Health Care REIT (Nasdaq: SBRA), but executives are bullish on improving market conditions and metrics for skilled nursing. “It feels good to at least believe that we’ve gotten the worst behind us, and I really do feel pretty good about things going forward,” CEO Rick Matros […]
Sabra Health Care REIT (Nasdaq: SBRA) on Thursday announced about $185 million has been received in gross proceeds since Sept. 30, 2022, including through a “sizable portfolio” of skilled nursing assets that fetched $200,000 a bed. The previously disclosed sales were “almost entirely comprised of skilled nursing investments,” Sabra said in a statement. The $200,000-per […]
Sabra Health Care REIT (Nasdaq: SBRA) is divvying up a 24-property portfolio previously leased to North American Health Care Inc. to The Ensign Group and Avamere Family of Companies. Both existing tenants, Ensign (Nasdaq: ENSG) will now become one of the real estate investment trust’s (REITs) largest tenants — representing about 8% of annualized cash […]
While Sabra Health Care REIT (Nasdaq: SBRA) saw occupancy improve across its portfolio in the third quarter, the real estate investment trust fell short of industry expectations as its rent revenues declined from $100.6 million in the third quarter of 2020 to $85.4 million a year later — leading to a drop in its stock […]
A major provider of senior housing and care services across the acuity spectrum on Wednesday announced an internal reorganization, with the eventual goal of evolving into a post-acute care network for its residents. The Avamere Family of Companies moved to consolidate its separate entities — senior housing and skilled nursing operator Avamere Living, therapy provider […]
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