Money moves
CareTrust Completes $185M Portfolio Sale
CareTrust REIT sold 18 facilities to a regional operator, generating proceeds for debt reduction.
Policy watch
OIG Launches Audit of SNF COVID-19 Relief Fund Use
The review will examine whether facilities used Provider Relief Fund payments appropriately.
Heads up
Hurricane Preparedness Deadline Approaching
Florida facilities must submit updated emergency plans by November 1.
Deal watch
Omega Healthcare Exercises Purchase Option
The REIT acquired 7 previously leased facilities for $78M.
The bottom line
Deals get done, rules get written, and care gets delivered in America's 15,000 nursing homes.