McKnight's December 5, 2023
The plight of a private-equity backed, multi-state nursing home chain demonstrates the ugly challenges operators could face as officials ratchet up regulatory and transparency pressures and large-scale investors move out of the skilled nursing space.
Federal officials have announced they will terminate Medicare payments to Viviant Healthcare of Bristol, TN, on Sunday (Dec. 10). That comes on the heels of two Vivant facilities in South Carolina being moved to the Ensign Group, following a state-initiated receivership this summer.
In all, six Viviant facilities are majority-owned by the Goldner Family Trust and Samuel Goldner, according to a federal database. They’re part of a larger nursing home portfolio held by the trust. Nursinghomedatabase.com reports that the trust has at least a 5%...