Skilled Nursing News January 7, 2020
The acquisition of the skilled nursing operator HCR ManorCare by the non-profit health system ProMedica rocked the skilled nursing world when it was announced in 2018, and many eyes have been on the marriage since.
Most industry observers took a wait-and-see approach to how the deal would play out, but some commented soon after the transaction was formally consummated that health systems partnering with post-acute care makes sense.
“People are getting a little more bullish and are expecting more health system deals in the future,” Ben Firestone, senior managing director at partner at Blueprint Healthcare Real Estate Advisors, said in an interview with Skilled Nursing News in 2018. “I think it’s...
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