Sabra, Sienna JV to acquire $243M senior living portfolio from Extendicare
By
Kathleen Steele Gaivin
Feb 04, 2022
Irvine, CA-based Sabra HealthCare REIT and Markham, Ontario-based Sienna Senior Living have formed a joint venture to purchase an 11-property portfolio of private-pay senior living communities for $243...
Capital credits increasing resident vaccination rates, less restrictive visitation for continued occupancy...
By
Kathleen Steele Gaivin
Jul 23, 2021
Capital Senior Living on Thursday reported four consecutive months of growth, with occupancy at 79.1% at the end of June.
Report: Public health emergency will be extended again
By
Kathleen Steele Gaivin
May 18, 2022
The Department of Health and Human Services is expected to extend the public health emergency before it expires in mid-July, Bloomberg reported Tuesday.
Glennis Solutions achieves national IT certification for resident care software platform
By
Kathleen Steele Gaivin
May 27, 2022
Louisville, KY-based Glennis Solutions’ resident care software platform has achieved certification from the Office of the National Coordinator of Health Information Technology, the Atria Senior Living-owned...
Diversified Health Care Trust, AlerisLife report fourth-quarter earnings
By
Kathleen Steele Gaivin
Feb 25, 2022
Real estate investment trust Diversified HealthcareTrust and provider AlerisLife, formerly known as Five Star Senior Living, held their fourth-quarter and year-end 2021 earnings calls on Thursday.
Private equity healthcare deals face scrutiny under antitrust laws
By
Kathleen Steele Gaivin
Jun 17, 2022
The Federal Trade Commission has private equity healthcare deals under a microscope. Both the FTC and the Department of Justice have the authority to enforce federal antitrust laws.
Publicly traded nursing homes see little financial effect from pandemic: study
By
Kathleen Steele Gaivin
May 26, 2021
The COVID-19 pandemic has not resulted in the forecast financial damage for the long-term care industry, according to data reviewed in a study published in the Journal of the American Geriatrics.
This long-term care provider says no vaccine is required for new hires
By
Kathleen Steele Gaivin
Sep 28, 2021
Carefree Cottages, an independent and assisted living community in Maplewood, MN, decided to entice new workers by not requiring COVID-19 vaccination as a condition of employment.
Ensign Group’s future is ‘brighter than ever,’ CEO says
By
Kathleen Steele Gaivin
Aug 03, 2022
The Ensign Group’s near-term and long-term future is “brighter than ever,” CEO Barry Port said during Tuesday’s second-quarter earnings call.
Move-ins slow with omicron surge; move-outs hold constant: NIC
By
Kathleen Steele Gaivin
Feb 11, 2022
Move-ins slowed last month in long-term care facilities offering higher levels of care, according to the National Investment Center for Seniors Housing & Care.