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 […]
Fortis Management Group
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 […]
More than a year after falling into a court-mandated receivership, 22 senior housing and care facilities previously run by Atrium Health & Senior Living are tentatively set to change hands in a few weeks. North Shore Healthcare on Friday announced that it had reached an agreement to buy the portfolio, which consists of 16 post-acute […]
Atrium Health and Senior Living announced late on Friday it had reached an agreement to have a receiver appointed for 33 skilled nursing and assisted living properties in Wisconsin and Michigan. The news was first reported by the Milwaukee Journal Sentinel. The Circuit Court of Wood County appointed Michael Polsky of Beck, Chaet, Bamberger & Polsky […]
The skilled nursing industry faces an existential crisis over its future, and 2017 was a year filled with threats — financial and regulatory woes at top providers, plummeting occupancy, and continued reimbursement pressures. But it was also a year that saw promising research illustrating the utility of SNF care and successes in new payment models, […]
After filing for receivership in July, the Milwaukee-based Fortis Management Group will transfer 25 of its long-term care facilities — including 21 skilled nursing properties — in Wisconsin to North Shore Healthcare by October. Based in Glendale, Wis., North Shore Health Care provides a range of skilled nursing services, including Alzheimer’s care and rehabilitation services. Its […]
Each week, we round up the most-read stories on Skilled Nursing News in one place — perfect for catching up on the top headlines you may have missed amid the health care reform collapse and other news out of Washington. Fortis Management Group, an operator of 60 skilled nursing facilities in the Midwest and Pacific […]
A group of skilled nursing properties that changed hands in a sizable transaction two years ago has seemingly fallen on hard times. Fortis Management Group announced on July 12 it filed for a receivership in an agreement with its landlords. The company operates 60 skilled nursing and five assisted and independent living facilities spread across Wisconsin, Michigan, Minnesota, Oregon, Idaho […]
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