BLS: Nursing, residential care facilities add 11,000 jobs in February
By
Kathleen Steele Gaivin
Mar 11, 2024
Nursing and residential care facilities, collectively, generated 11,000 jobs in February, according to Friday’s jobs report from the Bureau of Labor Statistics.
Assisted living services will intensify
By
John Damgaard
Jun 01, 2015
Recently there has been much debate as to the assisted living business model.
Earnings call wrap-up: REITs take a look senior housing investments heading into third quarter
By
Kathleen Steele Gaivin
Aug 02, 2021
The senior housing real estate market for the most part is turning the corner on pandemic setbacks, according to second-quarter earnings reports on Friday.
Senior Housing Properties Trust ‘really happy’ with Five Star moves
By
Lois A. Bowers
Aug 09, 2019
Senior Housing Properties Trust executives said Thursday that they are “really happy and confident” about moves being made at its largest tennant, Five Star Senior Living, under President and CEO Katherine...
Good Samaritan independent living units in Florida permanently ‘uninhabitable’ due to Hurricane Ian...
By
Kimberly Bonvissuto
Oct 21, 2022
Significant flooding damage to independent living units caused by Hurricane Ian is leading to the permanent closure of six neighborhoods at Evangelical Lutheran Good Samaritan Society–Kissimmee Village...
Current federal efforts targeting care economy ‘miss the mark,’ industry advocates say
By
Kimberly Bonvissuto
Apr 10, 2024
As a kickoff to Caregivers Month, President Biden spoke Tuesday about the “care economy” at Washington, DC’s Union Station, celebrating the contributions of care workers across the country. Senior...
ACA replacement would cut Medicaid by $834 billion over 10 years, CBO says
By
Lois A. Bowers
May 24, 2017
The American Health Care Act would reduce Medicaid spending by $834 billion from 2017 to 2026 if signed into law as is, the Congressional Budget Office said Wednesday.
ASHA 50: Brookdale remains largest senior living operator, but downsizing efforts apparent
By
Lois A. Bowers
Sep 17, 2020
Brookdale Senior Living remains the largest operator of senior living communities on an American Seniors Housing Association’s ASHA 50 list for 2020 compared with 2019, and Welltower remains the largest...
3 members of Congress give 11 assisted living CEOs until Friday to detail their COVID-19 strategies
By
Lois A. Bowers
May 04, 2020
Senior living operators may not be receiving the personal protective equipment that nursing homes have been promised by the federal government to fight COVID-19, but now they may be receiving a level of...
Senior housing rent coverage concerns loom for LTC, despite fourth quarter that beat analysts expectations
By
Amy Novotney
Feb 22, 2021
Aided by better-than-anticipated rent collection in the fourth quarter, real estate investment trust LTC Properties beat the expectations of analysts, reporting funds from operations of 78 cents per share....