NHC acquires 6 more SNFs

Share this article:

National HealthCare Corp is buying six nursing homes from landlord National Health Investors for $21 million, the company announced. 

NHC and NHI also reached a master lease deal through the end of 2026 for 38 skilled healthcare centers and three independent living centers. Combined with the purchase of the six nursing homes, NHC's lease payment will decrease by $2.95 million starting in 2014, the company said.

NHI also sold a 148-bed facility in New Jersey to its current tenant, Sunrise Senior Living, for $23 million in December. 


Share this article:

More in News

Bulk of Medicaid to be managed care in two years: Avalere

Bulk of Medicaid to be managed care in ...

More than three-quarters of Medicaid beneficiaries will be enrolled in a managed care plan as of 2016, according to an Avalere Health analysis released Thursday. The numbers reveal that managed ...

Nursing home asked for employee's personal information too often, jury rules

The human resources department of a Maine nursing home did not properly protect a former employee's personal identification information, a jury recently ruled.

Test could confirm sepsis within an hour

Nursing home residents might benefit from a new way of diagnosing and treating sepsis made possible by discoveries out of the University of British Columbia.