Debt-related efforts among ‘significant performance milestones’ for Sonida, execs say
By
Kathleen Steele Gaivin
Mar 28, 2024
Dallas-based Sonida Senior Living has optimized its balance sheet “through the comprehensive restructuring and modification of our debt,” culminating in a $47.75 million equity private placement that...
EHR misuse at center of $21M rehab upcoding settlement for Grand Health
By
James M. Berklan
Jul 12, 2024
The Grand Health Care System and its 12 affiliated skilled nursing facilities will pay more than $21.3 million to settle allegations of therapy upcoding that involved a quota system for keeping billing...
Two senior living operators recently entered settlement agreements after discrimination complaints were filed alleging age and disability discrimination or violations of immigration laws.
Business briefs, July 15
By
Kathleen Steele Gaivin
Jul 15, 2024
Senior living sees overall occupancy increase for 12th quarter in a row … $5M program puts CNAs at center of expanded geriatric care network …Morning Pointe of Hardin Valley earns deficiency-free state...
McKnight’s Senior Living adds 4 journalism awards to 2024 tally
By
Staff reports
Jul 22, 2024
McKnight’s Senior Living editors and writers have won four journalism awards in the 2024 Awards for Publication Excellence competition, known as the APEX Awards.
Senior living hourly wages outpace private sector, but competition for workers continues
By
Kimberly Bonvissuto
Apr 24, 2024
Hourly wages in senior living communities have increased by 30.9% over the past five years, outpacing growth in the broader private sector by 6.5 percentage points. But the labor market remains “exceptionally...
Identifying highest-risk assisted living communities key to tackling next outbreak: report
By
Kimberly Bonvissuto
May 22, 2024
The public health response to COVID-19 in assisted living communities in New York highlights the need to identify those communities at highest risk of infectious disease outbreaks to provide necessary...
More than 80% of nursing homes do not meet the updated requirements in the final staffing mandate from CMS.
Assisted living providers to face increased regulation from bill headed for governor’s signature
By
Kimberly Bonvissuto
Apr 08, 2024
A bill expected to become law and targeting assisted living reform in Arizona addresses some best practices long touted by industry experts, but it also brings an increase in regulations for providers.
Assisted living providers can take steps to address workforce shortages, quality, Alzheimer’s Association...
By
Lois A. Bowers
Apr 22, 2024
As federal lawmakers ponder ways to address workforce shortages and quality in senior living communities and other long-term care settings, the Alzheimer’s Association and its advocacy affiliate, the...