Welltower, ManorCare Deal Could Cost ProMedica Its A+ Credit Rating

Standard & Poor’s is contemplating a downgrade of ProMedica Health Systems’ credit rating, in light of the nonprofit’s acquisition of struggling skilled nursing giant HCR ManorCare. That transaction—a joint venture with real estate investment trust Welltower (NYSE: WELL)—closed last week. While asserting that the non-profit health system still has an A+ rating for its long-term […]

Welltower, ProMedica Reportedly Pursuing $2 Billion QCP Acquisition

Welltower (NYSE: WELL), one of the “Big 3” senior housing real estate investment trusts (REITs), is rumored to be in talks to purchase Quality Care Properties Inc. (NYSE: QCP).  Welltower and ProMedica, a nonprofit hospital network operator, reportedly made a $2 billion offer to acquire skilled nursing-focused QCP, Reuters reported Wednesday, citing people familiar with the situation.  This […]

10 Most Expensive States for Seniors

Wyoming is famous for its natural beauty, but its expanses of wilderness are one reason it is the toughest U.S. state for seniors to live in, according to recently released rankings that looked at the costs of care and accessibility of services. The Cowboy State ranked No. 38 in the cost of care category on […]

Senior Living Design Trends to Leave Behind in 2018

In senior living, it’s inevitable that some architecture and design features go from hot to not. Resident preferences change, care practices evolve, technology advances, and the way senior housing buildings look and feel has to keep up. So, heading into 2018, providers might want to reconsider if they think that having a bistro will set […]

CCRCs Gain Luster as Standalone SNFs Fade

Skilled nursing isn’t dying, but the standalone skilled nursing facility — or SNF — just might be. And that could be good news for the future of continuing care retirement communities (CCRCs) and similar full-continuum offerings. While skilled nursing is perhaps more needed than ever, the service offering is evolving toward greater integration along the […]

New Report: Inside The Future of Skilled Nursing Design

Some say skilled nursing is dead, yet others think it is being reborn. Providers who want to survive must rethink skilled nursing design in order to thrive and meet the needs of an increasingly challenging industry. In the next 10 years, providers who tackle key pain points to build SNFs for the next generation are […]

How Five Star Sells Rehab Patients on Senior Living

Conventional wisdom says that the progression of an older adult’s journey through the senior housing system usually begins at an independent living community, followed by moves to assisted living and skilled nursing as needs increase. But for some, the pathway into senior housing—such as an assisted living or independent living community—begins in skilled nursing, creating […]