The COVID-19 crisis has broken the cracks in the nation’s long-term care infrastructure wide open, and one CEO in the space says it’s time for industry leaders and lawmakers to reimagine the model for the future. “We’re seeing it across the United States, across the world: The model is fundamentally broken,” OnPointe Healthh CEO Eric […]
OnPointe
Shareholders of MedEquities Realty Trust (NYSE: MRT) on Wednesday overwhelmingly approved a plan to merge with fellow real estate investment trust (REIT) Omega Healthcare Investors (NYSE: OHI). Around 99.9% of the votes cast — representing 79.5% of all outstanding shares as of March 4 — were in favor of the $600 million deal, first announced […]
As both government and private payers increasingly move toward value-based reimbursements, skilled nursing providers in particular have struggled to keep up — and shift decades-old operational patterns to suit the new reality. For OnPointe CEO Eric Tanner, the only way forward is by running headlong into risk, primarily by showing payers and hospitals how his […]
The 6th episode of our podcast, Rethink, is now available! Skilled nursing provider OnPointe and its CEO, Eric Tanner, are all in on care coordination, with a specific focus on determining what hospitals want to hear when looking for preferred post-acute partners. Despite a recent setback with landlord MedEquities, Tanner remains upbeat about OnPointe’s position […]
The Ensign Group Acquires SNFs in Idaho and Utah The Ensign Group (NASDAQ: ENSG) acquired the real estate and operations of three skilled nursing and one intermediate care facilities across Idaho and Utah: Meadow View Nursing and Rehabilitation, a 112-bed skilled nursing facility in Nampa, Idaho; Utah Valley Healthcare and Rehabilitation, a 99-bed skilled nursing facility in Provo, Utah; Heritage Park Healthcare and Rehabilitation, […]