On June 30, CareTrust acquired a 99-bed skilled nursing facility for approximately $19.2 million. The location of the facility was not released. It was added to the existing master lease with Links Healthcare Group, which will operate the facility.
That same day, CareTrust funded a first priority mortgage loan to a regional owner of skilled nursing facilities for approximately $26 million. The loan will be used to acquire an 83-bed skilled nursing, 46-unit assisted living and 99-unit independent living campus in Loma Linda, Calif. The skilled nursing and assisted living facilities will be operated by affiliates of the Providence Group, and the independent living facility will be operated by affiliates of Chancellor Health Care.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
