» Extendicare announced the hiring of Michael Guerriere, M.D., as its new president and CEO in September. Prior to taking on the role Oct. 22, he served as board member of the 118-facility Markham, Ontario-based...
Two more states step in to help Skyline residents, staff
By
Kimberly Marselas
Jun 08, 2018
Arkansas and Pennsylvania were the latest states to seize control of facilities associated with the collapsing Skyline Healthcare nursing home chain. At least 76 Skyline-run facilities — some operating...
States spring to action after Skyline misses huge payroll
By
James M. Berklan
May 08, 2018
The Kansas Department of Aging and Disability Services sought emergency powers to take over operations at 15 nursing homes in late March after New Jersey-based Skyline Health Care failed to make payroll....
Kindred asks shareholders to approve sale to Humana
By
James M. Berklan
Mar 08, 2018
Leaders at Kindred Healthcare have urged shareholders to approve its sale to Humana and two private equity rms. At the same time, the Louisville, KY-based provider informed shareholders that there could...
Genesis looks to restructure
By
James M. Berklan
Dec 06, 2017
Genesis HealthCare CEO George Hager said the battered nursing home chain hoped to save $54 million per year with new leases — once landlords Welltower Inc. and Sabra Health Care REIT sold their Genesis...
A surge for healthcare REITs after repeal-effort sputters
By
May 06, 2017
The recent failure of the GOP’s American Health Care Act has left the healthcare industry in a period of pause that’s likely to benefit real estate investment trusts, according to observers.
Genesis, Kindred team up to tackle outcomes, transitions
By
Mar 05, 2017
Two of the country’s largest post-acute care providers are joining forces in an effort to improve quality and care transitions.
Genesis, UNM partner up to cut hospital readmissions
By
Nov 05, 2016
The nation’s largest provider of skilled nursing services is teaming with the University of New Mexico Health System in an effort to tackle the growing issue of hospital readmissions among nursing...
Occupancy hits 5-year low
By
Nov 05, 2016
Occupancy rates for skilled nursing facilities dropped to 82.2% in the second quarter of 2016 — the lowest level in five years, according to a report released in September by the National Investment...
Sabra Health Care REIT is the latest in a string of real estate investment trusts looking to distance themselves from problematic skilled nursing portfolios.