January 2020 - McKnight's Long Term Care News

Print Issue: January 2020

January Business briefs

» Senior Living Investment Brokerage coordinated the sale of two Tennessee skilled nursing communities in December. The communities have a total of 176 beds and are located in Mount Pleasant and Lenoir City, TN. The seller was identified only as a regional real estate owner concentrating its efforts in continuing care retirement communities. The buyer…

‘Scary’ SNF closure trend

Nebraska — The closure of more than a dozen nursing homes throughout the state of Nebraska in 2019 is causing an “economic ripple effect” on nearby towns, according to community members.

Funding cut to hit agencies

Idaho — The leader of Idaho’s Medicaid division has proposed a temporary cut in hospital and nursing home reimbursements following the governor’s request that all state agencies cut 1% from their current budgets.

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