Increasing Medicaid rates are finally allowing skilled nursing providers to deliver the level of care their residents need, as acuity is only expected to increase. This is the perspective of Stuart Lindeman, president and CEO of Mission Health Communities. Because of this increasing recognition among states that Medicaid rates must increase, he believes it’s an […]
Revera
Revera and Axium Form JV to Own 32 LTC Homes in Canada Revera and Axium Infrastructure completed a joint venture (JV) transaction to share ownership of 32 of Revera’s long-term care (LTC) homes in Ontario, Alberta, Manitoba, and British Columbia. Revera, a senior living owner, operator, and investor, will continue to run the homes. Independent portfolio manager […]
Construction: Complete New Jersey SNF Unveils $3.5 Million Upgrade Private equity firm Tryko Partners and its operating affiliate Marquis Health Services have completed a multi-million dollar renovation of the 215-bed Oakland Rehabilitation and Healthcare Center in Oakland, New Jersey (pictured above). The work includes a newly renovated 3,500-square foot gym that includes a smart car […]
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