Sabra CEO: Skilled Nursing Outlook is Improving

Sabra Health Care REIT (Nasdaq: SBRA) has made some major skilled nursing waves over the past year, with its acquisition of Care Capital Properties and ongoing attempts to shed assets operated by troubled provider Genesis Healthcare (NYSE: GEN). Rick Matros, the Irvine, Calif.-based real estate investment trust’s (REIT) CEO, has been outspoken about the changes sweeping the […]

Welltower Bullish on Senior Housing JVs After Stellar Results

Welltower Inc. (NYSE: HCN) wants to expand its joint ventures with operating partners, to capture some of the financial upside from communities that are outperforming their local markets. But don’t expect the real estate investment trust (REIT) to partner with Brookdale Senior Living (NYSE: BKD) on these types of JVs, at least any time soon. […]

Kindred, Genesis Form ‘Groundbreaking’ Post-Acute Collaboration

Two of the nation’s largest post-acute care providers are forging a “strategic clinical collaboration,” through which they intend to offer complementary, coordinated services. The relationship between Genesis HealthCare (NYSE: GEN) and Kindred Healthcare (NYSE: KND) is the first of its kind in the post-acute space, Genesis CEO George V. Hager said in a press release […]

UPDATED: Welltower to Overhaul Portfolio with $4.1 Billion in Sales by 2017

Welltower Inc. (NYSE: HCN) is undertaking a major repositioning of its portfolio, increasing its disposition target for the full year to $4.1 billion. Previously, Welltower’s guidance for the year targeted $1.3 billion in dispositions. As of Sept. 30, 2016, the company had closed on $832 million in total dispositions. As part of this newly announced portfolio repositioning […]

‘Pure Play’ No More: Omega Ups Its Senior Housing Game

When Omega Healthcare Investors (NYSE: OHI) announced that it would be acquiring Aviv REIT (NYSE: AVIV) in 2014, CEO Taylor Pickett described the combined company as the “premier pure-play skilled nursing REIT.” Today, skilled nursing still accounts for the vast majority of the REIT’s roughly 900 properties, but “pure play” may become a stretch as the […]

Genesis to Pay $52.7 Million DOJ Settlement

Genesis Healthcare (NYSE: GEN) has become the latest major post-acute care provider to strike a settlement with federal authorities to resolve allegations of improper billing practices, this time to the tune of $52.7 million. Kennett Square, Pennsylvania-based Genesis has been under four separate DOJ investigations, all of which will come to an end through the […]

DOJ Charges HCR ManorCare with Medicare Fraud

HCP Inc. (NYSE: HCP) on Monday disclosed that the U.S. Department of Justice is charging its major skilled nursing facility tenant, HCR ManorCare, with submitting false Medicare claims. The news came two months after analysts pressed HCP leaders about the ongoing government investigation into ManorCare, and less than a month after the large-cap real estate […]