Restructuring pays off with limited long-term cash flow downside, Omega CEO says
By
Kathleen Steele Gaivin
Aug 03, 2022
Hunt Valley, MD-based Omega Healthcare Investors saw sequential improvement in both adjusted funds from operations and funds available for distribution during the second quarter, CEO Taylor Pickett said...
Many nursing home providers using sign-on bonuses to attract, retain workers
By
Kathleen Steele Gaivin
Aug 02, 2022
With turnover up 25% this year compared with last year, many nursing home providers are using sign-on bonuses to attract and retain workers, according to survey results shared as part of the 45th annual...
Nursing home staff turnover up 25 percent from last year: survey
By
Kathleen Steele Gaivin
Aug 01, 2022
The national nursing home staff turnover rate for all employees is up 25% from last year. That’s according to findings included in the 45th annual Nursing Home Salary & Benefits Report released Thursday...
Slow recovery leads to healthcare spending decline for first time in 50+ years
By
Kathleen Steele Gaivin
Jul 28, 2022
For the first time in more than 50 years, inflation-adjusted healthcare spending declined, according to a research brief published Wednesday by research and consulting organization Altarum.
Senior living community rebrands to attract middle-income older adults, adds nursing care
By
Kathleen Steele Gaivin
Jul 21, 2022
A Westland, MI, senior living community that was slated to close last year has found new life with rebranding meant to attract interest from middle-income older adults.
Retirement communities see uptick in move-ins for socialization after pandemic isolation
By
Kathleen Steele Gaivin
Jul 07, 2022
The need for socialization among older adults is helping overcome the uncertainty and decreased occupancy seen in senior living earlier in the COVID-19 pandemic, according to an article in MarketWatch.
Long-term care operator transitions TNAs to CNAs in ‘Grand’ style
By
Kathleen Steele Gaivin
Jun 29, 2022
The Valley Stream, NY-based Grand Healthcare nursing and rehabilitation system recently graduated 85 home-grown certified nursing assistant students through its in-house training program.
‘Out-of-favor’ asset classes gaining interest among investors
By
Kathleen Steele Gaivin
Jun 14, 2022
Gaining renewed focus are “out-of-favor” asset classes for which a catalyst exists that can turn them into “in-favor” asset classes, Dan Gorczycki, managing director of TrueRate Services, wrote...
Stiffer requirements for SNF Medicaid payments could be coming down the pike
By
Kathleen Steele Gaivin
Jun 13, 2022
The nation’s 15,500 Medicaid-certified nursing homes could find that there are strings attached to future Medicaid payments if a proposal from the federal government proceeds, Kaiser Health News reports.
Cost inflation is ‘strategic challenge’ in senior living construction
By
Kathleen Steele Gaivin
Jun 10, 2022
Cost inflation continues to be a hot topic and a “strategic challenge” in senior living construction, Tad Melton, managing director at Ziegler, said Wednesday at a webinar hosted by the specialty investment...