National Health Investors Inc. (NYSE: NHI) CEO Eric Mendelsohn said its skilled nursing operators serve as a “blueprint” for long-term stability and growth at this point in the pandemic, during a third quarter earnings call late Monday. NHI’s skilled portfolio represents 32% of its annualized cash revenue, with National Healthcare Corporation (NYSE: NHC) and the […]
National Healthcare Corporation
National Health Investors’ (NYSE: NHI) skilled nursing assets are outperforming assisted and independent living properties at this stage of the pandemic. Memory care is also on the company’s list of underperforming assets. These three types of properties experienced more significant occupancy and margin pressure, driven by staffing shortages and in turn increased hourly rates and […]
National Healthcare Corp. looks to further diversify its service lines within the care continuum, this month acquiring outstanding stakes in hospice and palliative care system Caris Healthcare for $38.95 million. NHC deals primarily in skilled nursing facilities, with its affiliates operating 75 SNFs, followed by 35 home health agencies, 28 hospice agencies, 24 assisted living […]
A international group of 95 investment firms with holdings in post-acute and long-term care companies on Thursday called on the industry to bolster care and raise wages for frontline caregivers in the wake of the COVID-19 pandemic. “As the sector recovers, and we reflect upon the damage to our societies and the loss of human […]
The vaccine rollout at nursing homes and other congregational care settings has brought rapid and substantial declines in COVID-19 case numbers, but leaders at a top landlord in the sector say the desperately welcome trend has yet to have an impact on persistently low occupancy. “Fortunately, the rollout of the vaccine to over 94% of […]
MONTICELLOAM, LLC and its affiliates announced $42.08 million in first lien debt financing for the acquisition of a skilled nursing facility in Virginia. The transaction includes a $3.5 million working capital loan for the operating companies, provided by Monticello Commercial Capital, the real estate and asset-based lender, asset manager and servicer’s asset-based lending group. The […]
National Health Investors (NYSE: NHI) touted the strong coverage of its skilled nursing portfolio and the potential positives of the new Medicare reimbursement system for SNFs in its most recent earnings call with investors — but the real estate investment trust (REIT) won’t be diving headlong into the space as a result. “I think we […]
National HealthCare Corporation (NYSE American: NHC) turned in a positive 2017 with the help of the recent Republican-led tax overhaul. The Murfreesboro, Tenn.-based skilled nursing provider announced Tuesday that it logged net income of $56.2 million for the year ended December, a boost of 11.2% from NHC’s performance in 2016. Last year’s performance included an […]
Though many of the chief executives behind some of the biggest public skilled nursing companies in the U.S. made millions of dollars last year, some earned more than others. Company leaders at Quality Care Properties (NYSE: QCP), Kindred Healthcare (NYSE: KND), and Omega Healthcare Investors (NYSE: OHI) made the most in total compensation in 2016 — […]
Subscribe
Receive industry updates and breaking news from SNN.