Expansion will proceed, despite COVID-19 challenges
By
Amy Novotney
Jul 30, 2020
Investment Banking firm HJ Sims recently announced the successful closure of $6.6 million in financing for pre-development capital toward the pursuit of an expansion at the Raleigh, NC-based life plan...
Up to 70% of SNFs may be in a negative cash position by mid-May
By
Amy Novotney
Apr 13, 2020
COVID‐19 is disrupting referral patterns to skilled nursing facilities, resulting in a significant revenue shortfall and cash burn that the fragile skilled nursing ecosystem may not be able to endure,...
Fraudsters stole $280 billion+ in COVID-19 relief funding: analysis
By
Kathleen Steele Gaivin
Jun 13, 2023
More than $280 billion in COVID-19 relief meant for businesses and individuals intentionally was stolen by fraudsters, and another $123 billion was wasted or misspent, according to an Associated Press...
FDA panel to weigh improved booster shots from Moderna, Pfizer
Jun 27, 2022
Both Pfizer and Moderna have been testing updated booster shots that target the omicron variant.
Health department admonishes senior living company for marketing early vaccines to prospects
By
Amy Novotney
Feb 09, 2021
In an effort to attract prospective residents and fill vacant units amid the ongoing COVID-19 pandemic, some senior living operators have been adding vaccine access to their marketing toolbox. A handful...
Over the past four years, New Jersey-based Portopiccolo Group has been building a nursing-home portfolio rivaling some of the nation’s largest chains. The firm acquired its first skilled nursing facility...
Long-term care groups, 490 others, call for enactment of COVID-related legal protections ‘as soon as...
By
Lois A. Bowers
Aug 10, 2020
Proposed legislation that would protect healthcare providers from COVID-19-related lawsuits “is critically needed and should be enacted as soon as possible,” 495 organizations, including several associations...
Calls for COVD-19 vaccination mandates for long-term care workers draw mixed reactions
By
Kathleen Steele Gaivin
Jul 27, 2021
Fifty-seven healthcare organizations, including LeadingAge, which represents more than 5,000 nonprofit aging services providers, issued a joint statement Monday calling for long-term care and other healthcare...
ACHCA joins in effort to ‘strongly urge’ COVID-19 vaccination in long-term care
By
Lois A. Bowers
Aug 03, 2021
The American College of Health Care Administrators said late Tuesday that it is joining several other long-term care and healthcare-related groups in an effort to “strongly urge the vaccination of all...
Healthpeak feels effects of COVID-19 but says pent-up demand will help occupancy rebound
By
Kimberly Bonvissuto
May 07, 2020
Healthpeak Properties’s senior housing operators are feeling the effects of COVID-19, but pent-up demand should help occupancy rebound as the pandemic eases, top executives predicted Wednesday on the...