SNF valuations high despite headwinds, expert says
By
Kathleen Steele Gaivin
May 25, 2023
Despite “a tumultuous couple of years,” skilled nursing valuations are high, and acceleration is expected, Evans Senior Investments Director Kris Lowes said Wednesday.
Biden’s $6.8 trillion budget aims to bolster programs for older adults
By
Kathleen Steele Gaivin
Mar 10, 2023
President Biden’s proposed $6.8 trillion budget for 2024, if passed as written, would extend the solvency of the Medicare Trust Fund by at least 25 years “without cutting any benefits or raising costs...
Gardant Management Solutions adds 25 communities to portfolio
By
Kathleen Steele Gaivin
Aug 25, 2023
Gardant Management Solutions has added 25 communities to its portfolio of managed senior living, assisted living and memory care communities, the Bourbonnais, IL-based provider announced Tuesday.
Healthcare staffing crisis isn’t pandemic-related phenomenon, union says
By
Kathleen Steele Gaivin
Nov 21, 2022
Nurses and other healthcare workers are leaving the profession in record numbers. And that isn’t just a pandemic-related phenomenon, according to a report released Thursday by the American Federation...
New staffing calculator aims to help SNFs reduce agency use
By
Kathleen Steele Gaivin
Feb 29, 2024
Seattle-based CareListings has launched an online staffing calculator for operators of skilled nursing facilities, with the goal of leading them to reducing their dependency on agency staffing.
Brookdale, Sabra detail second-quarter earnings
By
Kathleen Steele Gaivin
Aug 09, 2023
Second-quarter earnings reports continued Tuesday with calls held by Brookdale Senior Living and Sabra Health Care REIT.
Connecticut’s personal care workers could see 26 percent raise in minimum wage
By
Kathleen Steele Gaivin
Mar 15, 2024
Personal care workers in Connecticut could receive a 26% raise in the minimum wage if the state General Assembly approves a three-year agreement reached between the Connecticut Personal Care Assistant...
OSHA’s move to make COVID standards permanent met with skepticism from long-term care industry groups
By
Kathleen Steele Gaivin
Jan 05, 2023
The final version of the Occupational Health and Safety Administration’s rule meant to protect healthcare workers from COVID-19 has reached the White House Office of Management and Budget for review...
REIT ownership linked to decline in RN staffing, increases in LPN, CNA use
By
Kathleen Steele Gaivin
Jan 27, 2023
Nursing homes, after being purchased by a real estate investment trust, are likely to see increases in licensed practical nurse and certified nursing assistant staff hours per resident day of 2.15% and...
Federal government to investigate private equity’s influence on nursing homes, HCBS, home health
By
Kathleen Steele Gaivin
Mar 07, 2024
The Justice Department, Federal Trade Commission and Health and Human Services Department have announced plans to jointly investigate private equity’s influence on healthcare.