CareTrust recruits new SNF partners with plenty of dry powder at the ready
By
Kimberly Marselas
Aug 07, 2023
CareTrust has repositioned some of its staff to identify successful skilled nursing operators with which the real estate investment trust should forge new relationships, company officials said Friday as...
Restructuring, Medicaid boosts pay off for Omega in Q2
By
Kimberly Marselas
Kathleen Steele Gaivin
Aug 04, 2023
Stronger-than-expected cash rent payments helped bolster Omega Healthcare Investors’ performance in the second quarter, giving the real estate investment trust a healthy $250 million in revenue, $5 million...
Ensign CEO: Rosy 2Q numbers and improved census reveal strength of skilled services
By
Alicia Lasek
Jul 31, 2023
The US’s largest nursing home company, the Ensign Group, is riding high on second-quarter 2023 results, with continued improvement in occupancy, skilled revenue, skilled days and managed care, despite...
LTC Properties had its strongest investment year since 2015, company leaders said Thursday, with Chairman and CEO Wendy Simpson touting $170 million in annual investment as proof of a “hard-won positive...
Agemo sell-off shows Omega’s willingness to move on from troubled operators
By
Kimberly Marselas
Nov 04, 2022
Omega Healthcare Investors is giving less flexibility to its struggling operators as the pandemic and related staffing challenges wind on, limiting rent deferrals in favor of transitioning operators and...
Expecting higher pay, fewer labor pains, Ensign snatches up 17 more SNFs
By
Joe Bush
Oct 28, 2022
Lifted by its expansion in Texas and across the nation and expecting higher state revenues, Ensign Thursday reported a blockbuster third quarter and optimism for year’s end.
NHI’s skilled nursing ‘resilience’ bolstered by Ensign, National HealthCare
By
Kimberly Marselas
Aug 10, 2022
The performance of key skilled nursing operators National HealthCare Corporation and Ensign Group buoyed National Health Investors’ second-quarter stats, even as the real estate investment trust continued...
Omicron variant pauses SNF occupancy recovery, top exec says
By
Danielle Brown
Feb 04, 2022
Full occupancy recovery for skilled nursing facilities is feasible over time but the omicron variant has slowed recent gains operators were seeing, according to Omega Healthcare executives.
Invesque predicts labor struggles, tough operating environment for at least the next 12 months
By
Danielle Brown
Nov 12, 2021
The operating environment continues to be a struggle for long-term care providers, despite recent occupancy gains, thanks to widespread labor and staffing shortages — and it will likely remain that way...
COVID reductions ‘only half the equation’ in CareTrust recovery
By
Danielle Brown
Nov 09, 2021
CareTrust REIT’s mid-year concerns about the potential effects of delta variant infections on census recovery have all but disappeared, with executives reporting strong, third-quarter skilled nursing...