by Steve Monroe | Nov 24, 2021 9:33 am | Opinion
Here we go again. According to a new study published by JAMA Health Forum, private equity-owned nursing homes are not cutting it compared to those nursing homes owned by other for-profits. In addition, PE-owned homes were more likely to have an acute coronary... Read More »
by Steve Monroe | Nov 18, 2021 3:52 pm | Opinion
So, inflation is at a 30-year high, but interest rates have not increased much. It is actually all relative since they are much higher than when the 10-year Treasury hit a low of 0.54% in March 2020. But seriously, that was a bit silly, just like oil at a negative... Read More »
by Steve Monroe | Nov 17, 2021 9:09 am | 60 Seconds
For those of you who know me, you know I have been a big fan of the CCRC model, and have been for decades. And for those of you who still think the entrance-fee CCRC model is dead, well, think again when you hear this. HJ Sims recently closed on what may be one of the... Read More »
by Steve Monroe | Nov 15, 2021 2:16 pm | Uncategorized
We learned at the end of last week that skilled nursing facility pioneer Roy Christensen passed away at the age of 87 after a short illness. Most recently, he was the Chairman of The Ensign Group, but his history in the skilled nursing industry goes... Read More »
by Steve Monroe | Nov 15, 2021 11:10 am | Opinion
Just after announcing that its CEO would be stepping down, Genesis HealthCare revealed more changes. The current COO, Paul Bach, the Chief Nursing Officer, JoAnne Reifsnyder, and the CFO, Tom DiVittorio, have all announced they will be leaving the... Read More »