Inside the Trends Driving Skilled Nursing Bed Reductions in 2022 and Beyond

While many owners in the skilled nursing space saw a reduction in beds this year, the biggest losers were overwhelmingly government entities and not-for-profit organizations, while for-profit entities have lost far fewer beds. In terms of bed reduction by location, rural markets largely took the hit, according to Lisa McCracken, director of senior living research […]

Shrinking to Grow: Inside Masonicare’s Plan to Downsize Skilled Nursing While Boosting Home Care

It could be the next major trend in long-term and post-acute care, with benefits for both residents and operators: downsizing bed counts to better match demand and provide higher quality care. Masonicare, a non-profit health system based in Connecticut, became the latest operator to make headlines with a plan to relinquish beds at its skilled […]

Bundled Payment Lessons Still Relevant for Skilled Nursing Providers

In a post-acute landscape dominated by the rise of Medicare Advantage and the looming changes to therapy payments, the Bundled Payments for Care Improvement (BPCI) program has fallen somewhat by the wayside. That’s partially because post-acute providers — including skilled nursing operators and home health agencies — can no longer be episode initiators under the upcoming BPCI […]

Skilled Nursing Transactions: Greystone Secures $54.2M for NYC SNFs

Athena Health Care Buys Masonicare SNF in CT Athena Health Care Systems reached an agreement to purchase Masonicare’s Newtown, Connecticut skilled nursing facility and assisted living community, The Newtown Bee reported. The campus is licensed for 154 skilled nursing beds and 55 assisted living apartments, and the sale is expected to close by the end […]