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Skilled Nursing Facility News

Learn why MedPAC’s recommendations remain unchanged as to Medicaid facilities. On April 1st, the long awaited comprehensive care for joint replacement (CJR) model went live. We summarize what this means for you. Review CMS 5-Star rating updates.

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Medicare

Numerous initiatives and policy changes are underway in the Medicare space. Medicare and U.S. healthcare spending is on the rise. Learn more about the implications. Check out the various new CMS notices impacting SNF payments, hospice providers, home healthcare agencies, and much more.

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Medicaid & State News

Many states are actively working to manage budget constraints, sustainability of subsidization as well as the Medicaid home encounter rules. States mentioned here are California, Texas, Florida, Minnesota and Oklahoma.

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Transactions
 
Regal Senior Care

Assisted Living Facility

$14,000,000

Senior Term Loan

 
 
 

Vizcaya Management

Skilled Nursing Facilities Portfolio

$24,500,000

Senior Term Loan

 
 
Formation Capital (Sponsor)

Skilled Nursing Facilities Portfolio

$38,500,000

Senior Term Loan

 
International Equity Partners

Skilled Nursing Facility

$11,680,000

Senior Term Loan


 
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Contact Info
 
Steve Gilleland, Managing Director

sgilleland@capitalsource.com

tel: 678.405.4905  |  cell: 678.637.9928  |  vcard

 
Donald Kelly, Senior Director

dkelly@capitalsource.com

tel: 941.309.5322  |  cell: 941.961.0277  |  vcard

 
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This document has been prepared for informational purposes. The contents are general and not specific in nature and should not be construed to constitute legal, reimbursement, or healthcare consultative advice. Contact should be made with legal counsel or other healthcare specialists in connection with placing reliance on the contents of this document to ensure appropriate guidance in accordance with any fact-specific situation under federal and applicable state laws and regulations, either enacted or proposed.

 

This is not a commitment to lend. All offers of credit are subject to credit approval. Equal opportunity lender.

 

About CapitalSource
CapitalSource makes commercial loans to small and middle-market businesses nationwide. CapitalSource is a division of Pacific Western Bank, a Los Angeles-based commercial bank with over $21 billion in assets and 79 full-service branches. Pacific Western Bank is a wholly-owned subsidiary of PacWest Bancorp (NASDAQ:PACW). For more information, visit capitalsource.com.

 

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CapitalSource is a division of Pacific Western Bank, Member FDIC.
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