Kindred to Cease Owning, Operating Skilled Nursing Facilities

A one-time giant among skilled nursing facility (SNF) operators has decided to entirely exit that business. After years of pruning its SNF portfolio, Kindred Healthcare (NYSE: KND) will be getting out for good, the Louisville-based company announced Monday. The move is meant to achieve stronger cash flow and higher margins while reducing the capital needs for […]

Senior Living, Home Health Synergy Drives M&A Activity

The number of home health mergers and acquisitions dipped to start 2015, but valuations are up and more types of buyers are vying for deals than in recent years — including senior living and long-term care players. “In the last three years, we’ve seen the long-term care companies come in,” says Mark Kulik, managing director at The […]

Home Health Margins Plunge, Leaving Providers Vulnerable

Senior living providers have been eyeing home health operators in recent years, forging partnerships and undertaking acquisitions to extend services into this part of the care continuum. But while there are compelling reasons for senior living companies to get into the home health game, that sector faces some steep challenges: Profit margins for U.S. home […]

Home Health Cuts to Drive Senior Living Acquisitions

Proposed reimbursement cuts to the home health industry are offering senior living providers a ripe consolidation opportunity to acquire new assets at depressed values. Last month, the Center for Medicare & Medicaid Services (CMS) proposed a rule for the Home Health Prospective Payment System (HH-PPS) that would reduce the national, standardized 60-day episode reimbursement rate […]

Senior Housing Acquisition and Investment Round-Up (9/16/2012)

The international senior living scene is heating up, and developers and investors in other countries are making moves to prepare for the impending wave of baby boomers. Here are a few stories from around the globe, ranging from nearby Canada to India to New Zealand, along with a couple smaller, local deals by American senior […]

Gentiva Expands Reach, Acquires Indiana Hospice Provider

Gentiva Health Services, Inc. (NASDAQ:GTIV) announced on Thursday that it had acquired Advocate Hospice, located in Danville, Ind., for an undisclosed price.  Advocate was founded in 2006 and is a leading provider of end-of-life care in its community. “The addition of Advocate Hospice to the Gentiva family enables us to expand our coverage in central […]