New Skilled Nursing Construction in Florida

New Skilled Nursing Construction in Florida

Most of the attention in the Florida development market has gone to assisted living and memory care. Rightfully so. But a brand-new skilled nursing facility is going up in Lakeland, Florida, courtesy of Greystone Healthcare Management and Lake Gibson Village. The 120-bed facility will be located within the existing Lake Gibson Village independent living/assisted living community and will feature a mix of private and semi-private rooms, along with programs that range from orthopedic and cardiac to stroke rehabilitation. Lake Gibson Village is also undergoing a 64-bed memory care expansion on the 45-acre site in addition to massively expanding its independent living services. At a cost of... Read More »
Altercare Grows With Greystone

Altercare Grows With Greystone

Ohio-based Altercare Integrated Health Services is significantly expanding operations in its home state, taking over management of eight skilled nursing facilities and 541 total licensed beds. Owned by Greystone Healthcare Management (who also previously operated them), these facilities are located in the towns of Adena, Cambridge, Coshocton, Newark, Somerset, Thornville and Zanesville. The deal expands Altercare’s coverage in Ohio to 27 facilities, in addition to its one location in Michigan. Six of the facilities are expected to sell on February 1, with the remaining two to close in the next several months. Read More »