Restructuring, Medicaid boosts pay off for Omega in Q2
By
Kimberly Marselas
Kathleen Steele Gaivin
Aug 04, 2023
Stronger-than-expected cash rent payments helped bolster Omega Healthcare Investors’ performance in the second quarter, giving the real estate investment trust a healthy $250 million in revenue, $5 million...
Making major portfolio investments, Omega bristles at staffing minimum
By
Kimberly Marselas
May 04, 2023
Omega Healthcare Investors has stocked its pipeline with skilled nursing deals and already executed the purchase of five West Virginia facilities this quarter. But leaders with the real estate investment...
Agemo sell-off shows Omega’s willingness to move on from troubled operators
By
Kimberly Marselas
Nov 04, 2022
Omega Healthcare Investors is giving less flexibility to its struggling operators as the pandemic and related staffing challenges wind on, limiting rent deferrals in favor of transitioning operators and...
Also in the News for Wednesday, Aug. 3
By
Kimberly Marselas
Aug 03, 2022
Omega CEO tells investors restructuring pays off … Most US nursing homes provide at least some educational, retirement assistance for staff … Report outlines nearly 1,000 Florida nursing home elopements...
Omega able to offset lost revenue with $318 million sale of Gulf Coast portfolio
By
Danielle Brown
May 04, 2022
Omega Healthcare Investors is relying on the overall strength of its portfolio as the company copes with several operators that have failed to pay rent in recent months due to pandemic conditions.
Feds want judge to reject Florida operator’s bankruptcy plans
By
Danielle Brown
Apr 19, 2022
A Florida nursing home operator’s bankruptcy plans could be in jeopardy as federal regulators argue that granting the provider protection would prevent residents and their families from pursuing future...
Omicron variant pauses SNF occupancy recovery, top exec says
By
Danielle Brown
Feb 04, 2022
Full occupancy recovery for skilled nursing facilities is feasible over time but the omicron variant has slowed recent gains operators were seeing, according to Omega Healthcare executives.
Omega operator fails to pay rent for three months; occupancy remains bright spot
By
Danielle Brown
Nov 08, 2021
Omega Healthcare Investors working to bring its lease with Agemo back into compliance after the operator has not paid rent for the last three months.
3 operators have halted rent payments to Omega Healthcare
By
Danielle Brown
Sep 22, 2021
Omega Healthcare Investors now have three operators that have been unable to pay rent in 2021 due to ongoing challenges associated with COVID-19.
Even though occupancy has risen each month since January for skilled nursing operators under the Omega Healthcare Investors umbrella, it’s still not enough to make up for the severe financial challenges...