DOJ: Healthcare competition warrants ‘scrutiny and discussion’
By
Kathleen Steele Gaivin
Nov 02, 2023
The Department of Justice is keeping an eye on potentially anti-competitive deals in the healthcare industry.
Private-sector employment up 324,000 jobs
By
Kathleen Steele Gaivin
Aug 03, 2023
Private-sector employment increased by 324,000 jobs in July, according to the July ADP National Employment Report. The report is produced by the ADP Research Institute in collaboration with the Stanford...
Trustwell Living almost doubles in size with addition of 24 communities
By
Kathleen Steele Gaivin
Oct 13, 2023
Trustwell Living has almost doubled the number of communities under its management with the transition and rebranding of 24 communities across Arizona, Indiana, Iowa, Louisiana, Oregon, Texas, Washington...
Earnings call wrap-up: Welltower, Omega Healthcare Investors, CVS Health
By
Kathleen Steele Gaivin
May 04, 2023
CVS Health, Omega Healthcare Investors and Welltower reported Wednesday on their first-quarter 2023 earnings.
Workforce issues a theme of State of the Union address and industry reaction to it
By
Kathleen Steele Gaivin
Feb 09, 2023
Several workforce issues were part of President Biden’s State of the Union address on Tuesday — as well as long-term care industry reaction to the speech. The talk comes at a time when long-term care...
Wage inflation is a continued headwind for CCRCs, SNFs
By
Kathleen Steele Gaivin
Jun 13, 2023
Wage inflation remains a headwind continuing care retirement / life plan communities and skilled nursing facilities, according to Fitch Ratings in its latest about the sector
Second-quarter earnings calls continued Wednesday with updates from Welltower and Invesque.
Operator faces nearly $1M in damages for alleged racketeering
By
Kathleen Steele Gaivin
Oct 16, 2023
A group of nursing home residents and their families asked the 11th Circuit Court earlier this month to revive a 2018 class action suit accusing the operator of several skilled nursing facilities in Florida...
Fed unlikely to ‘take its foot off the brake’ anytime soon
By
Kathleen Steele Gaivin
Mar 03, 2023
The economic landscape remains volatile, National Investment Centers for Seniors Housing & Care Chief Economist and Director of Outreach Beth Burnham Mace said Wednesday at NIC’s Spring Conference.
LTC Properties broadens North Carolina footprint with $128M investment in 12 properties
By
Kathleen Steele Gaivin
Jan 09, 2023
Westlake, CA-based real estate investment trust LTC Properties has announced a $128 million investment in 12 assisted living / memory care properties throughout Northern California. The properties, with...