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 […]
Genesis Healthcare
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 […]
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 [email protected]. (SHN reserves the right to choose to publish award announcements at its sole discretion.) 1. Greystone Healthcare Management(R) […]
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 […]
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 […]
When looking back on 2011, senior housing industry professionals agree that the billions of dollars worth of real estate investment trust (REIT) activity played an integral role in shaping today’s market. But some say that going forward into 2012, healthcare reform will be a key influence in the industry, and others point out the changing […]
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