Friday, August 18, 2017
QCP, the REIT holding title to most of HCR Manorcare's real estate, served notice on the Securities and Exchange commission (8/18/17) of a pending receivership filing in a California state court.
HCR has been in default on rent payments and has failed to cure the default.
This is a huge story and developments will follow.
Thursday, August 17, 2017
The GOP is in chaos.
Congress is stuck in the mud.
The Democrats are impotent because they control nothing.
Obamacare is not imploding, but may suffer from benign neglect or intentional sabotage.
MACRA/MIPS is a huge expensive headache.
Long term planning is not possible.
Meanwhile, health care goes on - to an uncertain fate.