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 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 […]
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 […]
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 […]
Oxford Finance’s Healthcare Real Estate Group closed over $280 million in transactions in the first quarter of 2022, providing credit facilities ranging from $5 million to more than $110 million. Some of the deals Oxford closed included a $80.7 million term loan along with a $8.5 million revolving line of credit to finance the acquisition […]
Evans Senior Investments announced the sale of a 186-bed SNF in Indiana for $25 million or $134,000 per bed. The facility had historically been at 85% occupancy or above, but was not profitable at the time of marketing with census dropping to 72%. It was the seller’s only skilled nursing facility. The facility had a […]
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 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 […]
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 […]
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