Rethink Podcast #17: Chris Bryson of Consulate Health Care

The 17th episode of our podcast, Rethink, is now available! With 140 facilities, Consulate Health Care is something of an outlier in the skilled nursing world, and has seen its share of ups and downs related to its size. But after a strategic shrinking — and an overhaul to improve quality and care at the […]

With a ‘Shrink to Grow’ Plan Complete, a Strengthened Consulate Eyes Skilled Nursing Expansion

Stabilizing and turning around a single skilled nursing facility can take up considerable time and resources for any one provider. Turning around an operating company with more than 200 buildings and a multitude of internal systems takes even longer. Consulate Health Care needed multiple years. Chris Bryson who joined the Maitland, Fla.-based operator in September […]

Omega Looks to Cut Daybreak Skilled Nursing Exposure After Performance ‘Deteriorated Further’

Despite showing long-term optimism about Daybreak Venture, executives at Omega Healthcare Investors (NYSE: OHI) on Wednesday revealed an ongoing plan to replace the struggling skilled nursing operator at many of its facilities in Texas. The two parties have mutually agreed to work toward a deal that would “selectively downsize” Daybreak’s footprint across the Lone Star […]

Omega Closes $735M Skilled Nursing Deal, Confirms Consulate as Primary Operator

Omega Healthcare Investors (NYSE: OHI) on Tuesday announced the formal completion of a $735 million deal to acquire 58 skilled nursing facilities — with Consulate Health Care confirmed the primary operator involved in the transaction. First announced back in August, the deal closed on October 31, and saw the real estate investment trust (REIT) acquire […]

Consulate Takes Aim at Readmissions with New Diagnostics, Lab Partnership

The largest skilled nursing provider in Florida moved to bolster its diagnostic capabilities with an eye toward reducing costly hospital readmissions. Consulate Health Care late last month announced a partnership agreement with TridentUSA Health Services to provide radiology, ultrasound, and laboratory services to Consulate’s senior care facilities across the U.S. The terms of the deal […]

Consulate Tackles Care Transitions with New Skilled Nursing Data Partnership

Data has quickly become king in the increasingly challenging skilled nursing world, but the question of how different providers along the care continuum can use that data remains a sticking point. Upgrading a building’s electronic health record (EHR) distribution system from fax machines to cloud data solutions is the first step. The information, however, doesn’t […]

$150M Center for Inmates in Illinois; SNF-to-Detox Conversion in Connecticut

The Illinois Department of Corrections is building a $150 million mental health and general medicine treatment center in Joliet, Ill., to provide care for incarcerated patients who have mental illnesses or require long-term skilled nursing care. WSPY FM 107.1 reported the news. The 200-bed facility will provide services to both male and female patients and […]

Must-Reads: Report Blisters Consulate; Iowa Attempts to Claw Back $25M

Local concerns feature prominently in this week’s roundup of must-read news, where we highlight great skilled nursing stories you might have missed in the past week. Consulate investigation USA Today Network — Florida published an investigation into Consulate Health Care as part of its “Neglected” series, which examines nursing home issues in the state of Florida. The […]

Consulate Reaches Agreement to Preserve 55 Florida Nursing Home Licenses

Consulate Health Care reached an agreement with the Florida Agency for Health Care Administration (AHCA) to improve quality and protect its portfolio of nursing homes from being penalized for failures at two facilities, The Ledger reported. “We are grateful for the partnership between Consulate and the Agency for Health Care Administration,” Jennifer Trapp, vice president of […]

SNF Owner Defaults on $257 Million HCP Loan

A struggling skilled nursing property company that’s behind on loan repayments is causing some financial trouble for HCP Inc. (NYSE: HCP). The Irvine, California-based real estate investment trust (REIT) is expecting that the resulting material impairment will exceed $20 million. The skilled nursing entity in question—Tandem Health Care—currently owns 32 post-acute or skilled nursing facilities, […]