Extendicare leaves Kentucky, blames need for tort reform
By
Elizabeth Newman
Jul 05, 2012
Citing the state’s lack of tort reform, a major nursing home chain has announced that it is leaving Kentucky.
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.
ManorCare, HCP Inc. sued
By
Jul 04, 2016
HCP ignored fraud and misled investors about the performance of ManorCare, its skilled nursing portfolio, according to a class action filed in May.
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...
Sabra on an upswing
By
Elizabeth Newman
Jun 05, 2012
Moody’s Investors Service upgraded Sabra Health Care REIT in mid-April after the long-term care landlord posting its second-best performance in the first quarter, with a total return of 38.8%.
Even with Medicare and Medicaid payment pressures, Kindred Healthcare’s RehabCare contract therapy division is holding steady, the company announced at the end of October.
Aviv finally finds success with $279M initial public offering
By
McKnight's Staff
May 01, 2013
Aviv REIT Inc. netted nearly $279 million in an initial public offering of common stock. The Chicago-based company first tried to go public in 2008 but was stopped by the economic crisis, and a 2009 attempt...
Genesis, Skilled Healthcare deal forms mega-company
By
John O'Connor
Oct 01, 2014
Genesis HealthCare and Skilled Healthcare Group will merge to create a single company with more than 500 facilities nationwide, the providers announced in late August.
Extendicare mulls sell-off of U.S. operations amid decline
By
Tim Mullaney
Jul 01, 2013
Extendicare, a major North American long-term care operator, may sell off its 158 U.S. facilities before the end of the year. The company’s move to separate its Canadian and U.S. businesses could...