Miller’s Health Systems, Highgate/Aurora Extend Negotiations on Lease Transfer of Nursing Home Portfolio

Warsaw, Indiana-based Miller’s Health Systems will continue to operate skilled nursing facilities owned by Highgate Capital Investments/Aurora Health Network for the foreseeable future, as the deadline to transfer or renew lease agreements has been extended. It’s unclear exactly how long that extension will be, as first reported by local news source WANE15. Miller’s has been […]

Operator Miller’s Health Systems Exits 8 SNFs Owned by Highgate/Aurora

Miller’s Health Systems is poised to reshuffle its skilled nursing portfolio, stepping away from leases on eight locations in Indiana. The termination of the lease is effective June 30 with the new operator taking over on July 1, according to WARN documents filed with the state and a News and Tribune story. The Warsaw, Indiana-based […]

$3.2B DigitalBridge Portfolio Sale Closes, Santerre Health Formed to Manage Platform

A $3.2 billion deal for DigitalBridge Group Inc.’s wellness infrastructure business is complete. DigitalBridge (NYSE: DBRG) originally announced the sale in September 2021 to an investment group composed of Highgate Capital Investments and Aurora Health Network. The portfolio included 83 skilled nursing facilities and other health care assets as of May 2021. The investment group […]

The Trends That Will Shape Skilled Nursing in 2022

The COVID-19 pandemic continued to put pressure on an already strained skilled nursing industry in 2021. The next 12 months will be yet another test of resilience. Looking ahead to 2022, SNFs must stay nimble and inventive to not only survive but thrive. Private equity will continue to lead the nursing home transaction market pack, […]

Most Read Skilled Nursing Stories for 2021

Several recurring topics crept up while chronicling Skilled Nursing News’ most-read stories of the year – occupancy, staffing, acquisitions and the industry’s place in value-based care – among others. Of course, the COVID-19 vaccine rollout and subsequent mandate were top-of-mind the entire year as well. The Biden administration sought to boost lagging staff vaccine rates […]

[UPDATED] DigitalBridge’s $3.2B Portfolio Sale Includes 83 SNFs, Other Health Care Assets

DigitalBridge Group, Inc. (NYSE: DBRG), announced on Wednesday that it will be selling its wellness infrastructure business, which includes 83 skilled nursing facilities and other health care assets, in a transaction valued at $3.2 billion. The global infrastructure REIT, formerly known as Colony Capital, announced its sale to an investment group composed of two real […]