CareTrust REIT has reached tentative agreements with nearly all of the 32 skilled nursing and seniors housing facilities that it plans to sell or repurpose, executives said Friday.
CareOne alleges ‘flawed process’ in massive Genesis, Welltower deal
By
Danielle Brown
Apr 27, 2021
A one-time potential suitor is accusing Genesis HealthCare and Welltower of using a “flawed process” to reach an $880 million agreement that led to the real estate investment trust terminating leases...
60 seconds with … Stan Szpytek
Dec 04, 2019
Stan Szpytek, president of Fire and
Life Safety, Inc.
Welltower’s Genesis exit nearly complete after $76 million property sale
By
Danielle Brown
May 11, 2022
Welltower is approaching the finish line in its exit from its relationship with Genesis HealthCare, the company reported Tuesday.
Providers: Fix would speed immigrant nurse validation by months
By
Danielle Brown
Jul 01, 2022
A long-term care coalition is calling on the U.S. Citizenship and Immigration Services to address an ongoing issue at its Texas premium processing unit that’s causing “significant delays” in tapping...
CMS details 5 new scenarios that trigger infection control-focused surveys
By
Danielle Brown
Jan 06, 2021
Multiple weeks with new coronavirus cases or low staffing are among the additional scenarios that will trigger a focused infection control survey at a nursing home, the Centers for Medicare & Medicaid...
NYC under fire for placing COVID-19 patients in nursing home
By
Danielle Brown
Apr 23, 2020
New York’s decision to place coronavirus patients into a nursing home is now facing backlash from providers and advocates.
LTC leads in deal volume
By
Danielle Brown
Mar 04, 2020
Long-term care once again led the pack for all healthcare sectors in deal volume for 2019, according to a PwC report.
Nursing home complaint backlog worse than expected: report
By
Danielle Brown
Jun 14, 2022
Just 51% of nursing home complaints filed with New York’s Department of Health have been closed since the COVID-19 pandemic after the agency reported an 87% closure rate in the two years prior, according...
CareTrust to sell, reformat 32 facilities in seller’s market move
By
Danielle Brown
Feb 18, 2022
California-based real estate investment trust CareTrust plans to sell, re-tenant or repurpose up to 32 facilities in an “unprecedented opportunity to de-risk” its portfolio, executives detailed Thursday.