Senior living owner-operator CareOne is rumored to be looking into the sale potential of as much as $2 billion worth of real estate assets spanning dozens of senior housing and care communities, Reuters is reporting. Citing “people familiar with the matter,” Reuters confirmed the company has engaged Jeffries to “explore the possibility of its real […]
Genesis Healthcare
Top senior housing buyers are touting acquisition strategies fueled by relationships rather than relying on marketed properties that are often characterized by low cap rates and fierce competition. While the strategy was initially born out of many healthcare real estate investment trusts’ desire to “lock up” the best senior housing operators and become their capital […]
The Affordable Care Act is sure to impact the senior housing space, and the Big Three healthcare REITs expect their capital will be a crucial component for operators to stay in the game. “The winners from the operating standpoint will be able to create new operating models or paradigms to lower the cost of care,” […]
A resident’s quality of care compelled Genesis HealthCare to enter a settlement agreement with the Department of Health and Human Services Office for Civil Rights (OCR) earlier this week. The settlement follows a complaint that Genesis failed to provide a qualified interpreter to an deaf resident at its skilled nursing facility (SNF) in Randallstown, Maryland. […]
While some herald the Affordable Care Act as a much-needed reform bill that will change the face of the healthcare industry, others say it may contribute to forcing up to half of the nation’s hospitals and long-term care facilities into a merger or out of business altogether in upcoming years. A lot of factors play […]
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 […]
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 […]
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-effecitvely improve care quality and reduce hospital readmissions. Skilled nursing providers are figuring out ways to stay current and keep up with trends as they seek to […]
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. […]
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 […]
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