Brightview Senior Living to use $202 million fund to develop new properties
By
Kathleen Steele Gaivin
Dec 12, 2022
Baltimore-based Brightview Senior Living has raised $202 million in a new fund that the company will use to develop eight or nine new senior living communities over the next three years, CEO and President...
REITs look forward to stabilizing growing portfolios in coming decade
By
Kathleen Steele Gaivin
Jun 09, 2021
Occupancy rates likely have bottomed out, and growth opportunities are on the rise, according to presenters yesterday at Nareit’s REITweek Investor Conference.
Ensign Group launches new captive REIT
By
Kathleen Steele Gaivin
Oct 29, 2021
The Ensign Group is launching a new captive real estate investment trust, executives announced Thursday during a third-quarter earnings call.
States, courts take actions that complicate vaccine mandate effects
By
Kathleen Steele Gaivin
Nov 01, 2021
So far, courts across the country—all the way up to the U.S. Supreme Court—have sided with state governments on imposed vaccine requirements. The justices declined Friday to even hear a case challenging...
Dwyer Workforce Development closes $590 million, 50-SNF deal
By
Kathleen Steele Gaivin
Sep 22, 2022
The Baltimore-based Jack and Nancy Dwyer Workforce Development Center announced Wednesday the $590 million acquisition of a Texas-based 50-skilled-nursing-facility portfolio managed by Regency Integrated...
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.
Health services, education sector loses 29,000 jobs in May
By
Kathleen Steele Gaivin
Jun 02, 2023
Private-sector employment added 278,000 jobs last month, but the health services and education sector lost 29,000 jobs. That’s according to the May ADP National Employment Report produced by the ADP...
Earnings calls wrap-up: Invesque, Capital Senior Living
By
Kathleen Steele Gaivin
Nov 12, 2021
Companies focus on portfolio management among costs and labor availability pressures.
Long-term care struggles to rebound to pre-pandemic staffing levels: analysis
By
Kathleen Steele Gaivin
Jan 23, 2023
Staffing in long-term care dropped drastically at the start of the pandemic and is unlikely to rebound to pre-pandemic levels until 2027. That’s according to a recent analysis of US Census data by the...
Older workers’ on-the-job injuries most expensive: report
By
Kathleen Steele Gaivin
Jul 26, 2023
Workers aged 60 or more years are injured less often on the job than workers in most other age groups, but their injuries cost the most to treat. That’s according to a report from insurance company Travelers.