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.
Long-term care adds 9,000 jobs in May, Labor Department says
By
Kathleen Steele Gaivin
Jun 05, 2023
Nursing and residential care facilities added 9,000 jobs in May, according to employment data released Friday by the Department of Labor’s Bureau of Labor Statistics.
Ventas to take over Santerre skilled nursing, senior living, medical office properties
By
Kathleen Steele Gaivin
Apr 03, 2023
Ventas will assume ownership of the collateral that supports its approximately $486 million cash-pay mezzanine loan to Santerre Health Investors, the Chicago-based real estate investment trust announced...
Hourly wage growth slowing across long-term care, Fitch Ratings says
By
Kathleen Steele Gaivin
Apr 12, 2023
Wage growth is slowing as labor begins to stabilize in continuing care retirement / life plan communities, assisted living communities and nursing care facilities, according to Fitch Ratings latest monthly...
Federal interventions needed to support immigrants, a solution to workforce shortages: report
By
Kathleen Steele Gaivin
Sep 28, 2023
Federal-level policy interventions, such as providing work authorizations and pathways to citizenship, are needed to better support immigrant direct care workers and address workforce shortages, according...
OPI closes $30.7 million mortgage loan for Diversified Healthcare Trust merger
By
Kathleen Steele Gaivin
May 30, 2023
Newton, MA-based Office Properties Income Trust has begun implementing its financing strategy for its merger with Diversified Healthcare Trust, the real estate investment trust announced Friday. OPI has...
88 percent of long-term care nurses see racism, discrimination from those they serve: survey
By
Kathleen Steele Gaivin
Jun 01, 2023
Eighty-eight percent of nurses working in nursing homes and residential care facilities and in home healthcare have experienced racism or discrimination from residents, patients or clients, according to...
Litigation-related expenses increasing for employers
By
Kathleen Steele Gaivin
Feb 08, 2024
Employers faced greater litigation — and higher related expenses — last year than the previous year and are likely to face similar issues this year, due to increased regulations, class action suits...
State considers moratorium on nursing home construction, expansion
By
Kathleen Steele Gaivin
May 02, 2023
Legislation being considered in Iowa would place a six-month moratorium of the construction and expansion of nursing homes. The bill also would give Medicaid payers more power in recovering funds from...
Nursing and residential care facilities add 8,000 jobs in October: BLS
By
Kathleen Steele Gaivin
Nov 06, 2023
Nursing and residential care facilities collectively added 8,000 jobs in October, according to Friday’s jobs report from the Bureau of Labor Statistics.