Top Senior Housing Trends in 2018

Senior living professionals have reasons to be excited as they turn the calendar to 2018, even in the midst of ongoing occupancy pressure and potential disruption from recent health care mega-deals. Perhaps most fundamentally, the passage of another year brings the long-anticipated baby boomer age wave that much closer. Yet, most boomers are still a […]

Editor’s Take: SNF Cast-Offs, Spinoffs and Pure Plays In Stormy Weather

Health care real estate investment trusts (REITs) underwent major refocusing last year, creating skilled nursing cast-offs, spinoffs and pure plays. Now, skilled nursing has slipped away from senior housing-focused REITs and is up for another year of challenges. While the rest of the health care system inches toward integration amid the ongoing shift toward value-based care, […]

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 […]

Blackstone Rumored To Be in Takeover Talks with Brookdale

Rumors that private equity giant Blackstone Group is in talks to acquire Brookdale Senior Living (NYSE: BKD) circulated Tuesday afternoon. Shares of the nation’s largest senior living owner and operator surged, ending the trading day up nearly 15%. The talks are at an early stage and involve other suitors in addition to Blackstone, according to […]

Why Kindred Bailed on the Skilled Nursing ‘Ultra-Marathon’

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 […]

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 […]

‘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 […]