Picture looks bright for Sabra’s SNF portfolio; rental assistance may be needed for senior housing...
By
Amy Novotney
Feb 24, 2021
The ongoing rollout of the COVID-19 vaccine within skilled nursing facilities and senior living communities has many investors focused on a recovery scenario for Sabra Health Care REIT. Concerns still...
$10 billion bipartisan bill aims to address financial losses, workforce shortages in assisted living
By
Kathleen Steele Gaivin
Jan 31, 2022
Assisted living providers would receive $10 billion in funding to help them recover from pandemic-related financial and workforce challenges if a bipartisan bill introduced Thursday by U.S. Reps. Lori...
Small businesses in dire straits, CEOs warn Congress
By
Amy Novotney
Aug 04, 2020
Nearly 100 current and former CEOs of companies both large and small sent a letter to congressional leaders Monday pressing them for additional, longer-term support for small businesses.
American Healthcare REIT may acquire Trilogy Health Services parent
By
Kathleen Steele Gaivin
Nov 09, 2023
American Healthcare REIT announced Tuesday that it has entered into a purchase agreement with NorthStar Healthcare Income that grants AHR the option to buy all of the minority membership interest held...
Nurse training pilot program a ‘win-win’ for Presbyterian Homes & Services
By
Kathleen Steele Gaivin
May 17, 2023
A pilot program between St. Paul, MN-based Presbyterian Homes & Services and the Eagan, MN, campus of Rasmussen University aims to fuel the nursing pipeline by training practical nurses to work at PHS.
U.S. appeals court denies religious exemption for state’s vaccine mandate for healthcare workers
By
Kathleen Steele Gaivin
Nov 02, 2021
A three-panel federal appeals court on Friday removed a lower court’s temporary injunction that had allowed healthcare workers to seek religious exemptions to New York state’s COVID-19 vaccine mandate.
‘Commonsense immigration reform’ still a key to addressing workforce shortages in long-term care
By
Kathleen Steele Gaivin
Aug 23, 2021
The long-term care industry Friday may have hit a bump in pinning some of its hopes on immigration to ease the ongoing workforce shortages, as the U.S. Citizenship and Immigration Services announced that...
Invesque considering restructuring options with two senior living and care tenants
By
Amy Novotney
Aug 14, 2020
Invesque reported solid second quarter financial results Wednesday. The real estate investment trust cited cost-cutting measures announced in the first quarter to strengthen liquidity and preserve cash....
House subcommittee spending bill looks to expand affordable senior housing supply
By
Kimberly Bonvissuto
Jul 10, 2020
The House Appropriations Subcommittee on Transportation, Housing and Urban Development and Related Agencies on Wednesday passed its fiscal year 2021 spending bill, which includes $860 million for new Section...
National Health Care Corp. sees mild year-over-year income increase
By
Kathleen Steele Gaivin
Feb 22, 2023
Murfreesboro, TN-based National Health Care Corp. on Friday reported a year-over-year net operating revenues and grant income of 1.1% at the end of 2022. The increase to $1.08 million happened despite...