The decision by Kindred Healthcare (NYSE: KND) to get out of the skilled nursing facility sector might seem like a drastic move to free the company from a major drag on its financial performance. But that’s not the story that executives at Kindred and Ventas Inc. (NYSE: VTR), one of Kindred’s major landlords, were telling […]
Green Street
At the outset of the year, it appeared investors might find skilled nursing sexy again in 2016. One quarter in, skilled nursing is garnering a lot of attention, but some investors are attracted while others appear to be rejecting these assets as too risky. At least, that’s judging by questions asked and some heated discussions […]
Skilled nursing facilities again are taking fire for patterns of Medicare billing related to therapy services. SNFs’ Medicare payments for therapy greatly exceed their costs, and the federal government should reevaluate the way that these providers are reimbursed, according to a report issued Wednesday by the Department of Health and Human Services Office of Inspector […]
Ventas Inc. (NYSE: VTR) posted strong quarterly results Friday and increased its guidance for the year, thanks largely to a senior housing portfolio that — so far — has not suffered from concerns around supply and other potential market challenges. The Chicago-based real estate investment trust (REIT), one of the largest senior housing owners in […]