SLIB Brokers Three-Building Sale in South Dakota; Carespring Grows in Ohio

Senior Living Investment Brokerage (SLIB) facilitated the sale of three skilled nursing and assisted living communities in Huron and Sioux Falls, S.D. SunQuest Healthcare Center — licensed for 163 nursing beds — and SunQuest Village, offering 55 assisted living beds, are located on the same campus in the city of Huron. Southridge Healthcare Center is […]

PDPM Countdown: ‘We Are All Crossing Our Fingers and Knocking on Wood’

With the Medicare Part A reimbursement overhaul taking effect in just a few months, skilled nursing providers across the country are in countdown mode. But the clock is moving at different paces for different providers, several experts said. Some SNFs began their analysis and preparations months ago; others are barely getting started. That’s led to […]

Carespring Plots Skilled Nursing Expansion — But Only If It’s a Drive Away

In a skilled nursing landscape short on new development and populated with many options for outsourcing components of care, Carespring has made a point of keeping its rehabilitation services in-house — and only expanding through new construction. With 11 total SNFs in Ohio and Kentucky, Carespring is looking to maintain its local presence while growing […]

Georgia Skilled Nursing Facility Sells for $7.3M; $25M SNF Opens in Kentucky

Southern Health Corporation of Ellijay, Inc., a subsidiary of SunLink Health Systems (NYSE American: SSY), sold its Parkside Ellijay Nursing Home and related real estate for about $7.3 million. The net proceeds, about $6.4 million, will be retained for working capital and general corporate purposes. SunLink expects to recognize a pre-tax gain of about $2.1 […]

In the Pipeline: Kentucky SNF to Break Ground After 8-Year Delay

Kentucky SNF to Break Ground in July After Eight-Year Wait After an eight-year process that saw legal actions and the death of the project’s champion, the Loveland, Ohio-based Carespring Health Care Management finally has a start date for construction on a skilled nursing facility in the Cincinnati suburb of Boone County, Ky. Carespring will break […]

Tips to Develop Smart, Beneficial Referral Relationships

Health care providers across the care continuum are focused on being a preferred provider, and developing referral relationships with hospitals and health systems can take some legwork. Several experts shared their unique perspectives on the matter at the Post Acute Link Care Continuum Conference in Chicago this week, touching on how to win the attention […]