Omega Healthcare Investors raises dividend 17 years in a row … Regional Health Properties files registration statement for proposed exchange offer … Task force calls on Congress to prioritize equitable economic recovery … California receives AARP designation as age-friendly state
The key to senior living industry recovery is a return to pre-pandemic occupancy levels, coupled with continued government support for operators, according to Taylor Pickett, CEO of Omega Healthcare Investors.
Last week, the Center for Medicare & Medicaid Services released its 2022 fiscal year reimbursement proposal for skilled nursing facilities that includes a 1.3% boost to Medicare payments. The overall $444 million increase is substantially lower than the $750 million awarded for the 2021 fiscal year, noted an industry update analysis Monday from Mizuho Securities USA.
The stocks of senior living and skilled nursing-focused real estate investment trusts have outperformed expectations since the first COVID-19 vaccine announcement last November raised hopes of a quick recovery. Yet despite the tremendous drop in COVID-19 cases at these facilities post vaccine rollout, challenges within both sectors still remain, Mark Parkinson, CEO of the American Healthcare Association and the National Center for Assisted Living said Tuesday during a keynote address to attendees of Mizuho’s second annual Healthcare REIT Summit.
The companies have officially opened Inspīr Carnegie Hill, a new senior living community on Manhattan’s Upper East Side, with ties to renowned local healthcare institutions.
Omega Healthcare Investors on Friday announced the acquisition of a technology company to help residents at its seniors living and care tenants stay connected with their families through digital devices.
Omega Healthcare Investors started the year by completing a $510 million deal with Healthpeak Properties that resulted in the acquisition of 24 Brookdale Senior Living communities.
Hunt Valley, MD-based Omega Healthcare Investors reported fourth-quarter adjusted funds from operations of 81 cents per share Thursday, in line with several analysts. But for many, the bigger story to come from Omega last week was its $510 million deal with Healthpeak Properties that resulted in the acquisition of 24 Brookdale Senior Living communities.
Several senior housing and care real estate investment trusts and private equity and commercial real estate firms are among the 380 companies across 11 sectors included in the 2021 Bloomberg Gender-Equality Index.
An analysis released Wednesday from investment banking firm Mizuho Securities USA includes a downgrade of real estate investment trust National Health Investors to “underperform” from “neutral.” The change stems from concerns around the larger senior housing operators in NHI’s portfolio, which either have tight rent coverage or already have been granted rent deferrals.
