New Filings Shine Light on Capital Senior Living’s Finances, $153M Conversant Agreement: Report

Ortelius Advisors is moving forward with its plans to block Capital Senior Living’s private placement agreement with investment firm Conversant Capital, Senior Housing News reports.

The New York City-based firm filed a proxy with the Securities and Exchange Commission that provides new insight on how the Capital-Conversant agreement came together, as well as its own attempts to assist Capital with its looming near-term debt issues. Read more.

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CMS Proposes 3.1% Pay Bump to Dialysis Facilities Next Year

The Centers for Medicare & Medicaid Services (CMS) released a proposed rule for the End-Stage Renal Disease Prospective Payment System that details Medicare payments to renal dialysis services. Medicare is expected to pay out $8.2 billion to approximately 7,800 dialysis centers next year, with a base rate of $264.09, which is an increase of $6.19 to the current rate.