Five-Property Portfolio Based in Southwest Sells; Marquis Expands With Orthopedic Program

Evans Senior Investments (ESI) arranged the sale of a five-property portfolio in the Southwest, comprising skilled nursing beds and senior housing units. The transaction was carried out on behalf of an unnamed regional owner-operator for an undisclosed amount. Real estate brokerage firm ESI ran a confidential marketing process, engaging with a select group of buyers, […]

Landmark Hospice Bill Draft Includes Nursing Home-Related Proposals

Rep. Earl Blumenauer (D-Oregon) on Thursday announced that a draft bill is underway that, if enacted, would bring unprecedented reforms for hospice payment and oversight. The draft bill comes as more skilled nursing operators expand their hospice offerings, including by launching their own hospice businesses or more closely partnering with existing hospice providers. Blumenauer announced […]

Nursing Homes’ Need for ‘Another Layer of Expertise’ Drives Pipeline of Specialist Roles

Clinical speciality services are growing within nursing homes to address needs of a population with higher acuity – but there are some sizable side benefits to this trend. Operators and other community institutions are working to accommodate the need for certain types of care in the nursing home through partnerships. Not only are nursing home […]

More Skilled Nursing Providers Fill Care Gaps with Palliative, Hospice Services

More than two years after Covid-19 first hit the United States, more nursing home operators are expanding services for residents, in part to address care gaps exposed by the pandemic. Palliative and hospice care in particular are two service lines operators are targeting. Murfreesboro, Tenn.-based National Healthcare Corp. (NHC) acquired outstanding stakes in Caris Healthcare […]

Devastating and Crippling: CMS Receives Thousands of Comments, Nursing Home Operators Push Back on Medicare Cut

The Centers for Medicare & Medicaid Services (CMS) needs to seriously consider what a reduction in skilled nursing reimbursement could mean for facilities that are already barely hanging on. At least that’s what providers have indicated in published comments submitted to the agency over the last month and a half. In total, CMS received approximately […]

Marquis Adds New Layer to SNF Service Model With Direct Admission Option

In an effort to meet the evolving needs and growing demands of a patient population that’s become sicker and more complex over the course of Covid, Marquis Health Consulting Services will be enhancing its direct admission options for skilled nursing patients that will serve as an alternative to care in the home. The SNF service […]

Maryland Nursing Home Adds Palliative Service Line

Orchard Hill Rehabilitation & Healthcare Center, with the help of Brick, N.J.-based Marquis Health Consulting Services, on Tuesday introduced an in-facility palliative care service. Marquis provides consulting services to Orchard Hill. The Towson, Md. operator will have Seasons Hospice & Palliative Care manage the service line, Orchard Hill said in a statement. Currently, Orchard Hill […]

Cambridge Provides $12M HUD Loan; 120-Bed SNF Sold in Florida

Cambridge Realty Capital Companies announced last month that it provided a $12,722,300 Department of Housing and Urban Development lean loan to refinance a 249-bed skilled nursing facility in Cicero, Ill. The facility, Alden Town Manor, offers a wide range of health care services and programs, including orthopedic, cardiac, pulmonary and stroke rehabilitation, as well as […]

Some SNF Operators Specialize to Take on High-Acuity Patients

With fewer hospital referrals coming in, and a sicker patient population post-COVID, some operators are finding ways to stand out by specializing in specific areas of medicine to help bring in higher acuity patients. As Martin Siefering, principal at architecture firm Perkins Eastman, put it, nursing homes have more beds than they need right now […]