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Top provider CEOs optimistic about new CMS payment rules

May 7, 2018  |  I Advance Senior Care
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Industry experts are still sorting out the long-term effects of the Centers for Medicare & Medicaid Services’ (CMS) new payment system for skilled nursing facilities, but early reviews from the CEOs of some top providers have been positive.

NHI acquires assisted living and memory care communities for nearly $70M

May 1, 2018  |  I Advance Senior Care
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National Health Investors Inc has acquired five assisted living/memory care communities for $69.75 million. The properties, which will be leased to a Bickford Senior Living affiliate, are based in Columbus and Cleveland, Ohio and Erie, Pennsylvania.

Brookdale buys Florida facility for nearly $75 million

April 6, 2018  |  I Advance Senior Care
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Brookdale Senior Living acquired a senior housing facility in Palm Beach Gardens from HC Inc. for $74.55 million.

Nebraska assisted living and nursing home employees not paid

April 1, 2018  |  I Advance Senior Care
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Ten assisted living facilities and 21 nursing homes are now in receivership after the state's Department of Health and Human Services says employees didn't get paid.

 

Louisiana legislature attempts to revamp nursing homes

March 26, 2018  |  I Advance Senior Care
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After yet another year where Louisiana's nursing homes ranked among the worst in the nation, a group of legislators are taking aim at the powerful nursing home industry in an attempt to radically change the way the state takes care of its elderly and...

Thirty-one facilities in receivership after missed payroll

March 26, 2018  |  I Advance Senior Care
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Receiverships place facilities in the custodial care of another company in situations where a company cannot meet its financial obligations.

Ensign to use skilled nursing plan for new ventures into assisted living and home health

March 23, 2018  |  I Advance Senior Care
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Major skilled nursing provider The Ensign Group (Nasdaq: ENSG) has its sights set on assisted living and home health expansion, citing the potential for higher stockholder value and less competition for their target properties.

Memory care occupancy loss affects Five Star

March 23, 2018  |  I Advance Senior Care
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Memory care has emerged as an embattled front in Five Star Senior Living’s (Nasdaq: FVE) ongoing effort to boost its sagging senior living occupancy.

The yearly cost of Alzheimer's? $277 billion.

March 22, 2018  |  I Advance Senior Care
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Sharp increases in Alzheimer's disease cases, deaths and costs are stressing the U.S. health care system and caregivers, a new report reveals. 

Florida state budget approves new veterans nursing home

March 21, 2018  |  I Advance Senior Care
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The newly approved state budget includes $500,000 for initial engineering and design of a veterans nursing home in Marion County.

MedPAC reports thin margins for long-term care providers

March 19, 2018  |  I Advance Senior Care
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AHCA/NCAL President and Chief Executive Officer Mark Parkinson said MedPAC’s report is an important development and demands follow-up action by policymakers in Washington, D.C., and in the states.

Alzheon goes public to fund Alzheimer's drug

March 19, 2018  |  I Advance Senior Care
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Alzheon is turning to the public markets to finance a new round of testing for its experimental Alzheimer’s disease drug.

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