The state of Wisconsin was notified Friday that a skilled nursing facility formerly operated by Dycora Transitional Health and Living — and currently in receivership — will be closing next year. The Milwaukee Journal Sentinel first reported the news. The state Department of Health Services had previously approved the SNF’s relocation plan for residents. The […]
Dycora Transitional Health and Living
Formed only last year, a small skilled nursing operator with a presence in the South recently made a significant push into Wisconsin, taking over seven properties out of receivership. When Bedrock Healthcare LLC, founded in part by former nursing home administrator Kenny Nichols, assumed operations of the facilities early last month, the move substantially expanded […]
Seven of eight former Dycora Transitional Health and Living skilled nursing facilities in Wisconsin have emerged from receivership under the operation of Bedrock Healthcare LLC. The Beaver Dam Daily Citizen of Beaver Dam, Wisc. initially reported the news on Wednesday. The properties initially entered receivership back in April at the request of landlord Golden Living […]
A pair of properties formerly operated by the troubled Dycora Transitional Health and Living chain in the Golden State have a new owner. Eduro Healthcare entered the California market with the acquisition of the two former Dycora properties in Fresno and Stockton, Calif. Michael Bewsey, managing partner at the Salt Lake City-based Eduro, characterized the […]
For each of the last several years, LindenGrove Communities has lost a total of $5 million to $7 million caring for long-term residents covered by Medicaid — a shortfall that began to drag on the non-profit’s other business lines, including short-term rehabilitation. And though the choice was difficult, LindenGrove president and CEO Linda Joel said […]
Three more skilled nursing facilities operated by Dycora Transitional Health & Living were placed into receivership on Thursday, bringing the total under third-party supervision to 11. The Thomas Seaman Company was appointed receiver for the three latest properties — located in Fresno, Shafter, and Stockton, Calif. — by the San Joaquin County Court. Affiliates of […]
Eight skilled nursing facilities in Wisconsin operated by Dycora Transitional Health and Living have been placed into receivership, with an affiliate of landlord Golden Living Centers taking back control after a two-year break. The Fresno, Calif.-based Dycora on Thursday became the latest entrant in a string of receivership actions in Wisconsin, with the Milwaukee County […]
Forging partnerships isn’t just about trying to crack into preferred referral networks, according to one CEO. It’s about getting ahead of government changes and other market factors, and defining your company’s role in a specific region — instead of allowing regulators and partners to do it for you. Most SNFs know they need to keep track […]
In an industry where a coming wave of customers seems to be permanently just out of reach, skilled nursing facilities have to be braced for some short-term pain. But if they take charge of their strategies and relationships, it’s possible for them not just to survive, but to thrive. That was the message from a […]
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