Long-term care facilities face critical nursing shortage
By
Kathleen Steele Gaivin
Jul 07, 2021
Long-term care facilities everywhere are struggling with the dire effects of the nursing shortage.
Business briefs, July 2
By
Kathleen Steele Gaivin
Jul 02, 2021
Brookdale, LCS, Holiday retain Big 3 status on 2021 list of 150 largest senior living providers … Connecticut’s new ‘granny cam’ law bars residents from using tech for covert monitoring … LTC...
REITs look forward to stabilizing growing portfolios in coming decade
By
Kathleen Steele Gaivin
Jun 09, 2021
Occupancy rates likely have bottomed out, and growth opportunities are on the rise, according to presenters yesterday at Nareit’s REITweek Investor Conference.
Worker shortage leads to move-in freezes, visitation limits at some long-term facilities
By
Kathleen Steele Gaivin
Jun 01, 2021
Pandemic burnout coupled with competition from government unemployment benefits are being linked to staffing shortages across the country. In long-term care, the employee shortage is a top concern after...
Business briefs, May 25
By
Kathleen Steele Gaivin
May 25, 2021
Missouri lawmakers hurt long-term care by failing to approve Medicaid provider tax, tying anti-abortion add-on to legislation … Software company, web-based referral service launch platform to monitor,...
Earnings call wrap-up: Senior living operators and REITs offer cautious optimism toward pandemic recovery
By
Amy Novotney
May 10, 2021
Amid a flurry of first-quarter earnings reports released last week, several senior living operators and real estate investment trusts announced a start to occupancy uptick and possible post-pandemic growth.
Chicago launches accessory dwelling unit pilot program to help ease housing shortage
By
Amy Novotney
May 04, 2021
Applications are now being accepted from property owners in five pilot areas in the city of Chicago to allow for the creation of accessory dwelling units, or ADUs, in an effort to expand housing across...
Mission impossible? Not for nonprofits that act swiftly amid growing sellers pool
By
Kimberly Marselas
May 03, 2021
More than half all provider sponsorship transactions saw senior housing and care organizations switch from not-for-profit to for-profit status from 2010 through 2020.
CCRC occupancy drops to record low of 84.3 percent in the first quarter: NIC/Ziegler analysis
By
Amy Novotney
Apr 26, 2021
Continuing care retirement community occupancy fell 1.4% from the fourth quarter to 84.3%, according to an analysis by specialty investment bank Ziegler, using NIC MAP data. The drop signals another new...
Post-COVID changes in design and operations likely to affect profitability and returns for some time:...
By
Amy Novotney
Mar 23, 2021
Even as census rate declines within senior living communities begin to slow as a result of vaccine rollouts and COVID-19 case declines within the sector, some experts say headwinds are expected to continue...