News

9/13/2017

ORIX USA Acquires Lancaster Pollard

ORIX USA (ORIX), a division of leading international financial services group ORIX Corporation, announced today the acquisition of Lancaster Pollard Holdings, LLC (“Lancaster Pollard”). Based in Columbus, Ohio, Lancaster Pollard is a provider of integrated investment banking, mortgage banking, balance sheet lending and private equity services focused on the full continuum of senior living and healthcare clients. Lancaster Pollard is also a leading FHA/HUD Lean senior living lender. After signing a definitive agreement to acquire Lancaster Pollard on June 9, 2017, ORIX completed the transaction on Sept. 12, 2017. 

Merging Innovative Design and Practical Finance
8/14/2017

Merging Innovative Design and Practical Finance

The American Institute of Architects (AIA) holds a juried competition each year that bestows awards on senior living design projects that meet or exceed industry norms in significant ways. The projects are highlighted in AIA’s Design for Aging Review. The competition and publication give architects and providers an opportunity to demonstrate innovative solutions that improve residents’ quality of life. The Review is designed as a reference for other providers, developers and architects who may have similar project goals.

Looking for a Financing Solution: It Pays to Keep Your Options Open
8/13/2017

Looking for a Financing Solution: It Pays to Keep Your Options Open

Antelope Valley Healthcare District (AVHD) and Tri-City Healthcare District (TCHD) are similar in many ways.

Managed Care: Past, Present and Future
8/12/2017

Managed Care: Past, Present and Future

Past

Imagine a scenario: political wrangling over national health care policy, a general public concerned about rising health care costs and new models for delivering and paying for health care. Sound familiar? While this could describe the current public debate surrounding the Affordable Care Act (ACA), the same conditions held true in 1973 when the Nixon Administration passed the Health Maintenance Organization Act.


Graham Health System: Where Patients are Family
8/10/2017

Graham Health System: Where Patients are Family

The staff at Graham Health System views taking care of patients as more than just a job. It’s their mission to treat patients as family and provide the very best in health care, including state-of-the-art equipment and modern facilities.

Providers Prepare for MACRA
6/12/2017

Providers Prepare for MACRA

Since The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) was signed into law, uncertainty has loomed over Medicare providers. The Act is slated for implementation on January 1, 2019, and will use clinician performance data from 2017 in determining payment for future reimbursement. The law passed with strong bipartisan support as it effectively eliminated the sustainable growth rate formula, which posed reimbursement risks in the event of economic downturn. Policymakers are optimistic the changes will support advancement in electronic health records and an increased focus on quality of care, while simultaneously implementing cost savings.

Federal Funding Spotlight: Community Facilities Direct Loan Program
6/11/2017

Federal Funding Spotlight: Community Facilities Direct Loan Program

The United States Department of Agriculture (USDA) is growing its role as a funding partner for health care and senior living providers located in rural areas of the country. While many providers are navigating uncertain futures, one area that seems to be on solid footing is health care infrastructure financing. In sync with the new administration’s policy to enhance infrastructure investments, funding for USDA’s Community Facilities (CF) direct loan program grew in federal fiscal year (FFY) 2017 and may be further expanded in FFY 2018.

The Five-Star Rating System for Skilled Nursing: Perceptions and Effects
6/10/2017

The Five-Star Rating System for Skilled Nursing: Perceptions and Effects

The Centers for Medicare & Medicaid Services (CMS) introduced its Nursing Home Compare five-star system for skilled nursing facilities in December of 2008 to assist the public in identifying meaningful distinctions among skilled nursing providers. The skilled nursing facility (SNF) five-star rating is based on health surveys, staffing numbers and quality measures and has become a frequently referenced metric in the industry nine years after its introduction.

Tax Reform Uncertainty and the Low-Income Housing Tax Credit Market
6/8/2017

Tax Reform Uncertainty and the Low-Income Housing Tax Credit Market

Comprehensive tax reform is one of those things that politicians often talk about, but few in Washington actually believe will ever happen. After all, the last bipartisan comprehensive tax reform achievement occurred over 30 years ago, a distant past when politicians still reached across the aisle to pass major legislation. Now, with partisanship as strong and bitter as ever, it would take a myriad of factors to get to a place where tax reform is even a possibility. Setting the stage for comprehensive tax reform would likely require one-party control of both the House and the Senate, a president from that same party who is willing to take big risks, and a speaker of the house with a detailed plan. To the surprise of many, that’s exactly where we stand as 2017 unfolds.

Live Your Best Life: Wesley Woods at New Albany
6/7/2017

Live Your Best Life: Wesley Woods at New Albany

“We are a welcoming community of kindness and grace where residents and staff thrive.” That quote by Peg Carmany, chief executive officer (CEO) of The Wesley Communities, perfectly describes the essence of Wesley Woods at New Albany, The Wesley Communities’ newest continuing care retirement community (CCRC).