Empowering families to advocate for quality nursing home care

Profits

Nursing Home Business Founders Did Well as Business Tanked

The co-founders of a Hixson nursing home business paid themselves six-figure salaries and drove company-financed Porsches while failing to pay employees, utility bills, taxes and creditors, according to court documents.

Big Bucks Back for SNFs

Two recent nursing home acquisitions pull down more than $100,000 per bed.

Nursing Home Owners Profited as Complaints Rose

Braemoor Health Center is a modest nursing home in Brockton, licensed to care for 120 residents. But Larry Lipschutz, who owns the property, was able to wring $1.8 million in pay out of it last year.

Sale of Senior Living Facilities Up in 2015

Mirroring national trends that show an increase in interest by investors in senior living facilities, the number of nursing home/elderly housing facilities that have changed hands is on the rise in Shelby County.

SNF M&A Market Remains Robust

With at least five transactions priced over $100,000 per bed so far this month, July may be a record for high-priced SNF sales.