Long-term care deal volume back to historically high levels
By
Kathleen Steele Gaivin
Mar 14, 2022
Long-term care was the highest segment in terms of volume, followed by physician practices, home health/hospice, and behavioral health.
Skilled nursing occupancy holds steady as providers face expense pressures: NIC
By
Kathleen Steele Gaivin
Oct 02, 2023
Occupancy among skilled nursing facilities held steady in July overall, after increasing in June, according to the latest Skilled Nursing Monthly Report, released Thursday by NIC MAP Vision.
Health services, education sector loses 29,000 jobs in May
By
Kathleen Steele Gaivin
Jun 02, 2023
Private-sector employment added 278,000 jobs last month, but the health services and education sector lost 29,000 jobs. That’s according to the May ADP National Employment Report produced by the ADP...
LTC Properties, PruittHealth joint venture buys 3 Florida SNFs for $62 million
By
Kathleen Steele Gaivin
Sep 13, 2022
LTC Properties announced Monday a $62 million joint venture with Norcrorss, GA-based PruittHealth to buy three skilled nursing facilities in northern Florida. PruittHealth is a new partner for the Westlake...
GOP senator announces Social Security, Medicare funding bill
By
Kathleen Steele Gaivin
Feb 14, 2023
Sen. Rick Scott (R-FL) has proposed a bill to fund Social Security and Medicare. The action follows President Biden’s statements during last week’s State of the Union address that Republicans are looking...
Job gains ‘remain solid’ in February: ADP
By
Kathleen Steele Gaivin
Mar 07, 2024
“Job gains remain solid,” ADP Chief Economist Nela Richardson said in a press release issued Wednesday in conjunction with an ADP National Employment Report Economy Lab report.
HumanGood awarded $26.48 million to fund ‘green’ efforts at 3 communities
By
Kathleen Steele Gaivin
Jan 16, 2024
Three of HumanGood’s affordable senior housing communities have received a total of $26.48 million in grants under the first wave of the Department of Housing and Urban Development’s Green and Resilient...
Employer-sponsored health insurance cost up 7 percent year over year
By
Kathleen Steele Gaivin
Nov 21, 2023
The cost of employer-sponsored health insurance plans is increasing both for employers and employees, according to recent studies.
68 percent of pre-retirees say they will not be able to retire as planned at 65: survey
By
Kathleen Steele Gaivin
Apr 16, 2024
Sixty-eight percent of workers aged 55 to 65 years participating in a new survey said they are facing the reality that retiring fully or comfortably at 65 is more or less a pipe dream, with 41% planning...
Favorable rate, occupancy growth bright spots for CCRCs still battling staffing shortages
By
Kathleen Steele Gaivin
Dec 21, 2023
Favorable rate and occupancy growth are providing some relief to continuing care retirement / life plan communities as they claw their way back from pandemic-related staffing shortages, according to a...