BusinessBriefs for September 2014

Share this article:

» CNL Healthcare Properties completed the acquisition of seven communities in Texas and one in Illinois for approximately $187.2 million, with potential adjustments related to property net operating income. The eight properties collectively have 798 units and 72 skilled nursing beds. They were acquired from Dallas-based South Bay Partners Ltd.

» Midwestern hospitals spread referrals to a greater variety of skilled nursing facilities and typically tap their favorite SNFs less often than do hospitals in other parts of the country, according to a recently published analysis of referral patterns. In the Midwest, hospitals routinely referred patients to an average of about 14 SNFs in their vicinity as of 2008, the investigators determined. Roughly three-quarters of referrals were concentrated among a hospital's five most-frequently utilized skilled facilities.

» Ohio Presbyterian Retirement Services acquired The Sarah Moore Health Care Center Inc., a skilled nursing facility in Delaware, OH, in August. OPRS is the largest not-for-profit provider of continuing care retirement communities in the state.



Share this article:

More in News

Assisted living communities continue to make a terrible first impression on prospective customers, university program finds

Assisted living communities continue to make a terrible ...

Assisted living communities consistently do not make a good first impression with prospective customers, and they haven't improved this skill set in the last decade, according to data from George ...

Latecomers to hospice frequently are male, have certain cancers, Penn researchers find

Men and patients with certain types of cancer are among those less likely to enroll in hospice, suggesting that healthcare providers should focus on presenting these groups with all their end-of-life care options, according to newly published findings.

Nursing homes should think twice before using a well-known tool for diagnosing ...

A familiar tool for diagnosing depression in dementia patients might not be very effective in the nursing home setting, according to findings recently published in The American Journal of Geriatric Psychiatry.