How Saber’s I-SNP Partnership with Optum Gave the Operator a Head Start on COVID-19

In the era before COVID-19, specialty in-house Medicare Advantage plans had emerged as one of the hottest topics in long-term care — control the payer source, the thinking went, and an operator could eliminate the financial uncertainty and pressure that comes when working with managed care plans. But with a global pandemic running rampant through […]

Nursing Home Chain Saber Reaches $10M False Claims Act Settlement with DOJ

Saber Healthcare Group, LLC will pay $10 million to settle a federal investigation into its rehabilitation therapy practices, the Department of Justice announced Tuesday. Investigators had accused the Bedford Heights, Ohio-based Saber of working to artificially boost its Medicare income by pressuring therapists to place residents in the “ultra high” category, a classification that brought […]

Meridian Closes Flurry of SNF Financings in Q1; New Nursing Facility in NC

The senior housing and health care team of Meridian Capital Group arranged for more than $500 million in financing for skilled nursing, independent living, and assisted living facilities with 17 transactions across 9 states in the first quarter of the year. The deals included $126 million in acquisition financing and equity for a 14-property SNF […]