From the Top: What Senior Living CEOs are Saying About Their Industry

Top executives from several different senior living companies weighed in on a variety of topics ranging from adjusting strategies to accommodate rising acuity levels to thoughts on development versus acquisitions at the National Investment Center for the Seniors Housing & Care Industry’s (NIC) annual national conference, held last week in Chicago, Ill.  Here’s a collection […]

Genesis HealthCare, Hopkins Hospital Form $20 Million Partnership to Reduce Rehospitalizations

In an effort to alleviate the growing—and costly—problem of patient rehospitalizations, skilled nursing and rehabilitation care provider Genesis HealthCare is partnering with Johns Hopkins Hospital’s Bayview campus in a $20 million project that will address this issue specifically. The announcement comes just days before new rehospitalization penalties are set to begin kicking in on October […]

Genesis HealthCare Diversifies Senior Care Services, Launches Short-Term Rehab Model

The nursing home industry is in the midst of a culture change toward person-centered care, and it’s also figuring out how to benefit from healthcare reform initiatives seeking to cost-effectively improve care quality and reduce hospital readmissions. Here’s what Genesis HealthCare is doing to diversify its skilled nursing offering to accommodate both short-term and long-term needs. […]

SHN Awards Corner: AHCA/NCAL Quality Awards; MetLife Foundation Awards

1. AHCA Announces Recipients of 2012 National Quality Award Program The American Health Care Association and the National Center for Assisted Living (AHCA/NCAL) recently announced the recipients of the 2012 National Quality Award program. A total of 458 skilled nursing or assisted living facilities from across the country earned a Bronze, Silver or Gold from […]

Skilled Nursing Culture Change Indicates Diversified Model with Rehab Emphasis

The skilled nursing industry is being swept by culture change, but despite relative uncertainty tied to fluctuating Medicare reimbursements and constrained Medicaid budgets, nursing homes aren’t becoming obsolete by any means; rather, care models are changing to reflect what consumers expect—and what healthcare reform demands. The traditional model of long-term care nursing homes is getting […]

In the Pipeline: Senior Housing Construction Projects (8/8/2012)

Construction: Planned Erickson Living Plans Colorado CCRC Expansion, Hires Contractor Erickson Living’s Wind Crest retirement community has selected Brinkmann Constructors as the general contractor for its newest neighborhood. The four-story continuing care neighborhood is currently under design and will have 128 residences offering assisted living, memory care, post-acute rehabilitation, and long-term nursing care services to […]

SHN Awards Corner: Greystone, Leisure Care, Genesis HealthCare, & More

Here’s SHN’s second-edition roundup of some of the companies who have recently been in the national spotlight in recognition of their achievements, whether for design and architecture, construction, management, or technology implementation.  Got awards? Send them to awards@seniorhousingnews.com. (SHN reserves the right to choose to publish award announcements at its sole discretion.) 1. Greystone Healthcare Management(R) […]

Genesis HealthCare to Acquire Sun Healthcare in $275 Million Transaction

Genesis HealthCare will acquire Sun Healthcare Group, Inc. (NASDAQ:SUNH) in a $275 million transaction announced on Wednesday. The merger follows a December letter to Sun’s board of directors by the investment manager of one of the healthcare company’s largest investors, calling for a sale to a larger industry player. The combined companies will create the […]

Q1 Earnings Highlights: Health Care REIT on Growing Post-Acute Care Platform

Healthcare real estate investment trust Health Care REIT (NYSE:HCN) recently released its first quarter earnings report and held an earnings call discussing the quarter; highlights include a focus on its partnership with Genesis HealthCare; increasing value through private pay portfolios; and growing a post-acute platform.  Back in February 2011, Health Care REIT acquired most of […]