A group of 18 communities worth $500 million and managed by CommuniCare are changing hands to a new owner, according to a new report from the Baltimore Business Journal. It’s one of the largest eldercare sales in the state in the past decade. The deal includes a sale of all 18 of CommuniCare’s nursing homes […]
CommuniCare
The 19th episode of our podcast, Rethink, is now available! The opioid crisis has hit every part of the U.S. health care system – skilled nursing facilities included. But state and federal regulations haven’t moved as fast as the crisis, even though more and more providers are seeing these patients come through their doors. Leaders […]
Kindred Healthcare, Inc.’s (NYSE: KND) exit from the skilled nursing industry continued Monday morning as the company announced the formal sale of 14 more SNFs. The Louisville, Ky.-based operator offloaded 12 of those properties, along with four assisted living facilities, as part of an ongoing transaction with buyer BM Eagle Holdings. The 16 properties had […]
Before you start sifting through your inbox, here’s what you need to know from the world of skilled nursing news from the past week: Kindred Healthcare, Inc. (NYSE: KND) began its exit from the skilled nursing industry, announcing the $519 million sale of 54 SNFs in 10 states — out of a total of 89 […]
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