Geriatric workforce funding in Senate bill ‘far too low,’ provider group says
By
Alicia Lasek
Aug 05, 2022
To reverse its ongoing staffing crisis, the long-term care sector is going to need heftier financial support than the Senate is proposing for 2023, industry advocate LeadingAge said Thursday.
Program gets $6 million to expand CNA training, mentorship program
By
Kathleen Steele Gaivin
May 23, 2022
An additional $6 million investment will expand the WisCaregiver Careers workforce development program to address the shortage of certified nursing assistants in the state’s nursing homes, Wisconsin...
Capital Senior Living looks to turnaround strategy to survive ‘challenging’ environment
By
Kimberly Bonvissuto
May 22, 2020
Although COVID-19’s negative effects present “substantial” concerns about the company’s future, Capital Senior Living executives said Thursday that the company’s turnaround strategy creates “a...
Half of assisted living providers are operating at a loss, unable to sustain operations another year:...
By
Kimberly Bonvissuto
Aug 20, 2020
Half of assisted living providers are operating at a loss, and 64% say they won’t be able to sustain operations for another year, according to survey results released Wednesday by the National Center...
Warren launches investigation into for-profit nursing homes after Genesis CEO bonus
By
Danielle Brown
Mar 19, 2021
A top U.S. lawmaker on Wednesday intensified her fiery attacks on beleaguered Genesis HealthCare’s issuance of a hefty bonus to a departing long-time CEO, even as the company was flailing amid the devastation...
Brookdale Senior Living, Ventas and CareTrust REIT all held second-quarter earnings calls on Friday.
Industry groups seek immunity from pandemic-related lawsuits for operators
By
Lois A. Bowers
Apr 28, 2020
While national and state associations seek legal immunity against claims arising out from actions related to fighting COVID-19, a House task force has prioritized long-term care and affordable senior housing...
Sonida Senior Living marks 5 quarters of occupancy, revenue growth
By
Lois A. Bowers
Aug 15, 2022
The second quarter marked five consecutive quarters of occupancy and revenue growth for Dallas-based Sonida Senior Living, departing President and CEO Kimberly Lody reported Friday during the company’s...
Senior housing operators showing improved performance during COVID-19 pandemic: NHI
By
Kimberly Bonvissuto
Aug 12, 2020
COVID-19 has had a negative effect on the senior living industry, impacting operator revenues and building occupancy rates, but National Health Investors’ leadership said during a second-quarter earnings...
U.S. nursing home system ‘ineffective,’ ‘unsustainable,’ National Academies report...
By
Danielle Brown
Apr 07, 2022
A long-awaited national report has found that the way the United States finances, delivers and regulates nursing home care is ineffective and unstable. Immediate action is needed to bring meaningful changes...