Good Samaritan merger with clinical chain sparks growth
By
Kimberly Marselas
Aug 09, 2018
The Evangelical Lutheran Good Samaritan Society and Sanford, a healthcare system with 44 hospitals and nearly 300 clinics, plan to merge by Jan. 1, leaders of each have announced.
Hospital buys into SNF beds
By
Kimberly Marselas
Jul 09, 2018
Three floors of a Georgia hospital will be transformed into an 80-bed skilled nursing facility in a nearly $3 million plan approved by its board. The shift will allow University Hospital in Summerville...
Two more states step in to help Skyline residents, staff
By
Kimberly Marselas
Jun 08, 2018
Arkansas and Pennsylvania were the latest states to seize control of facilities associated with the collapsing Skyline Healthcare nursing home chain. At least 76 Skyline-run facilities — some operating...
CommuniCare buys 13 SNFs
By
James M. Berklan
Apr 08, 2018
Cincinnati-based CommuniCare Health Services has purchased 13 long-term care facilities previously managed by Atrium Centers. With the acquisition, the privately held company expands its holding to more...
Shareholders sign off on deal linking Sabra, CCP
By
James M. Berklan
Sep 06, 2017
A giant new skilled nursing-assisted living chain was given birth in August, when shareholders of Sabra Health Care REIT and Care Capital Properties voted to approve a deal that would combine the two into...
SNF deals hit $500 million
By
Jul 06, 2017
Transactions within the nursing care sector reached $500 million in the first quarter of 2017, according to the National Investment Center for Seniors Housing & Care.
Genesis CEO plots 2017
By
Feb 05, 2017
Genesis HealthCare CEO George Hager Jr. said in a recent interview that he hopes nursing homes will see “federal funding that is additive to the inadequate Medicaid funding” in 2017 — although...
Guru predicts consolidation
By
Jan 06, 2017
The skilled nursing sector could see increased operator consolidation in the coming years, according to an official with the National Investment Center for Seniors Housing & Care.
Genesis, UNM partner up to cut hospital readmissions
By
Nov 05, 2016
The nation’s largest provider of skilled nursing services is teaming with the University of New Mexico Health System in an effort to tackle the growing issue of hospital readmissions among nursing...
Occupancy hits 5-year low
By
Nov 05, 2016
Occupancy rates for skilled nursing facilities dropped to 82.2% in the second quarter of 2016 — the lowest level in five years, according to a report released in September by the National Investment...