Extreme Heat Disasters Create Urgency for Nursing Home Operators to Prepare

As temperatures surge, nursing home operators face the complex task of ensuring the safety of their residents while also maintaining seamless business operations during scorching heat waves. With the nursing home population being particularly vulnerable to extreme heat, the industry is pressed to develop and implement effective strategies to protect residents and keep their facilities […]

Priority Management CEO: Empowering Local SNF Leadership Proves Fruitful

Priority Management CEO Rick Forscutt said that the one word to describe his skilled nursing operation would be empowerment since the company has decided to give local skilled nursing facility leadership more authority to make business decisions. Forscutt said this decision has led his company to get better results clinically, culturally, and financially, despite continued struggles […]

Blueprint Sells Two SNFs for $51M; Oxford Finance Closes $66.9M Credit Facility

Blueprint completed a $51 million sale of two skilled nursing facilities in central and northeast Florida. The two facilities, totaling 300 beds, were sold to an operator looking to expand its presence in the state. The seller, a Florida-based owner operator, engaged Blueprint in November and required an off-market transaction that needed to be completed […]

As Admissions Stall and Aid Dries Up, ‘Losses are Coming’ for Nursing Homes in ‘Bleak’ First Half of 2021

The steps taken by regulators to cut red tape for skilled nursing facilities during the COVID-19 pandemic have been extremely helpful in stabilizing operations, and the financial support from various rounds of stimulus funds has kept balance sheets steady. But with COVID-19 surging again in many parts of the U.S. and occupancy seemingly flatlining, the […]