The nation’s largest developer of post-acute, transitional care facilities is set to solidify and strengthen its position with a five-year $5 billion development pipeline and a strategy that could lead to another massive deal like last year’s HealthLease sale. Indiana-based Mainstreet has an “identified pipeline” to develop $1 billion in properties each year over the […]
Only 12% of baby boomers are actively searching for senior living options online — either for themselves or for aging parents or loved ones. But for those who are seeking information, they may not be looking in the right places, according to Google data and survey responses. “When it comes to actually beginning the search […]
Top news organizations around the country recently ran these must-read stories related to senior housing. You Don’t Want to Be Old in These States—Texas, Louisiana and Oklahoma are among the states where nursing home quality lags the most, according to a recent analysis of government ratings. Nursing home stakeholders point to chronic underfunding by Medicaid […]
Top news organizations around the country recently ran these must-read stories related to senior housing. Why Nursing Homes Need to Have Sex Policies—A recent high-profile legal case in Iowa raised the issue of sex in long-term care facilities, and particularly among people with dementia. Residents having sex is not uncommon, yet few senior living providers […]
Skilled nursing facilities have not been a particularly hot product type in the past, but a renewed interest from some deep-pocketed investors has the sector poised for a renaissance, especially among smaller operators. Although sizeable investors like public and privately-held real estate investment trusts (REITs) remain the most active buyers of senior housing properties in […]
Skilled nursing facilities stand to see Medicare reimbursements increase by 1.4% in fiscal year 2016, under the proposed payment rate announced today by the Centers for Medicare & Medicaid Services. That would be an overall $500 million increase from fiscal year 2015, CMS noted. The 1.4% figure comes from a market basket increase of 2.6%, […]
Skilled nursing operators and other post-acute providers can look forward to more stable reimbursements in the future, thanks to the historic passage of a bill to change how Medicare sets payment rates. The Senate approved H.R. 2, the Medicare Access and CHIP Reauthorization Act (MACRA,) late Tuesday in a 92-8 vote, and President Barack Obama […]
With the cost of assisted living care increasing dramatically on a national basis, this senior living option remains most expensive in Washington, D.C., according to the 12th annual Cost of Care Survey from Genworth. “The survey shows a dramatic increase in facility based care, including assisted living and nursing home facilities, while the cost to […]
Diversified Business Model is Key to Success — For large-cap real estate investment trust (REIT) Ventas, Inc., success flows from having a diverse capital stack and a variety of products in different geographies, Chairman and CEO Debra Cafaro said at the recent Citi Global CEO Property Conference. The company’s experience with various types of deals […]
As senior living organizations nationwide look to reinvent the traditional “nursing home” model, those in two states will have very different opportunities to do so in the coming years. On one hand, a proposed bill in Indiana is seeking to ban construction of new nursing homes for three years, which industry participants say will stifle […]
