Invesque thrusts more prominently into senior living with active portfolio
By
Kimberly Bonvissuto
Nov 12, 2021
Invesque Chairman and CEO Scott White said it’s been a busy year with active portfolio management as the company continues its push into the seniors housing sector through strategic transitions, dispositions...
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.
Vaccination, labor availability ‘critical’ to restoring occupancy, performance: Omega
By
Lois A. Bowers
Nov 08, 2021
The rollout of COVID-19 vaccines has helped stem the spread and adverse effects of the coronavirus pandemic, but senior living operators continue to battle with increasing costs driven by the scarcity...
Medicare could negotiate drug prices under Democrat proposal
Nov 03, 2021
For the first time, the measure would enable the federal government to negotiate prices for medications covered by Medicare.
Lawmakers bank on pandemic impact in resurrecting call to re-establish House Aging Committee
By
Kimberly Bonvissuto
Sep 08, 2021
Maybe the fourth time’s the charm? Banking on the disproportionate impact of the pandemic on older adults, a group of lawmakers has reintroduced legislation to re-establish the House Permanent Select...
Wages, job quality top direct care concerns moving into next decade: PHI
By
Kathleen Steele Gaivin
Sep 08, 2021
An aging population, along with high turnover among care workers, could pose continuing challenges to the long-term care industry in the coming decade, according to a new report from the advocacy group...
Economic growth begins to wane
By
Kathleen Steele Gaivin
Aug 31, 2021
Although the United States saw a significant rise in gross domestic product in the second quarter, growth is likely to be much slower in the coming months, according to Beth Burnham Mace, chief economist...
Momentum picks up in senior living construction: ASHA brief
By
Kathleen Steele Gaivin
Aug 27, 2021
Lumber costs are slowly coming down from pandemic highs, but labor costs continue to rise along with a shortage of skilled labor, Senior Vice President Larry Graeve and Chief Estimator Amy Burk of The...
Capital Senior Living mulling COVID-19 vaccination as condition of employment
By
Kimberly Bonvissuto
Aug 13, 2021
With more than 90% of its residents fully vaccinated, Capital Senior Living announced during a second-quarter earnings call on Thursday that it is considering a move to make COVID-19 vaccination a condition...
SNF occupancy hits record low again in January: NIC report
By
Amy Novotney
Apr 06, 2021
Occupancy continued to be challenged as the skilled nursing industry navigated the first months of 2021, according to the latest monthly skilled nursing data report from the National Investment Center...