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...
Workers at 12 western New York SNFs set to strike over wages
By
Kathleen Steele Gaivin
Jul 06, 2022
Approximately 1,200 workers at 12 western New York state not-for-profit skilled nursing facilities are planning to follow through with threats to strike later this month if their wage demands are not met.
Debt market liquidity top concern for long-term care investors: survey
By
Kathleen Steele Gaivin
Nov 14, 2023
Half of long-term care investors see debt market liquidity as their top concern over the next 12 months, according to Cushman & Wakefield’s recent survey of more than 90 industry leaders. Sixty-eight...
Ziegler: Staffing challenges contribute to SNF downsizing decisions
By
Kathleen Steele Gaivin
Dec 13, 2022
Specialty investment bank Ziegler offers some guidance for not-for-profit providers of skilled nursing services considering downsizing.
Lawmakers call for investigation into COVID-related deaths in SNFs in 4 states
By
Kathleen Steele Gaivin
Aug 17, 2021
U.S. Sen. Ted Cruz (R-TX) and 10 Republican colleagues on the Senate Judiciary Committee sent a letter Friday to committee Chair Dick Durbin (D-IL) asking for a hearing “on the civil rights of senior...
Lawmakers join unions, caregivers in call for nursing home staffing standards, $25 minimum wage
By
Kathleen Steele Gaivin
Apr 21, 2023
Reps. Lloyd Doggett (D- TX) and Jan Schakowsky (D-IL) stood alongside union leaders and nursing workers Thursday at a press conference calling for a $25 minimum wage, federal minimum staffing standards...
Nursing homes struggle with tighter reimbursement environment, expert says
By
Kathleen Steele Gaivin
Mar 20, 2024
Nursing home funding challenges, capital and private equity firms were among the subjects of a webinar Tuesday sponsored by the Long Term Care Community Coalition.
Nursing home sales, closures, halts to admissions come as staffing shortages continue
By
Kathleen Steele Gaivin
Sep 12, 2022
As staffing shortages continue to plague nursing homes, sales, closures and admissions stoppages are becoming more frequent, according to respondents to a survey by the Long-Term Care Imperative, a collaboration...
Lawmakers approve broad funding increases for skilled nursing facilities
By
Kathleen Steele Gaivin
Apr 11, 2022
Legislators in Illinois and Minnesota recently have approved broad funding increases for skilled nursing facilities in their states.
With projected Fed decreases, investor confidence is rising
By
Kathleen Steele Gaivin
Feb 21, 2024
The past few years have been challenging on debt markets in real estate, particularly in the senior living and care market, but a “boost in investor confidence” is occurring now, according to Jason...