Staffing shortages ease for SNFs, but they’re not out of the woods yet
By
Kathleen Steele Gaivin
Oct 18, 2022
Skilled nursing properties reporting shortages of nursing staff dropped from 28% in January to 20.8% in September, according to the National Investment Center for Seniors Housing & Care.
Recapitalization to fund expansion of Discovery Senior Living’s portfolio
By
Kathleen Steele Gaivin
Oct 14, 2022
Funds advised by Lee Equity Partners and Coastwood Senior Housing Partners have signed an agreement to invest in Bonita Springs, FL-based Discovery Senior Living. The recapitalization will fund Discovery’s...
‘Aggressive’ rate increases needed in long-term care: ESI
By
Kathleen Steele Gaivin
Oct 13, 2022
Due to increased debt costs and other inflationary pressures, rate increases in long-term care are inevitable, Evans Senior Investments Director Kris Lowes said Wednesday. He called for operators to “aggressively...
Assisted living demand reaches ‘highest level ever’: NIC
By
Kathleen Steele Gaivin
Oct 07, 2022
The number of occupied units in assisted living is at its highest level ever, according to the National Investment Center for Seniors Housing & Care. The organization released quarterly data on Thursday.
Long-term care, home care rehab directors, physical therapists see modest salary increases
By
Kathleen Steele Gaivin
Oct 06, 2022
Director of rehabilitation salaries increased 4.22% year-over-year in the long-term care sector and 3.52% in home health agencies, according to the 16th annual Rehabilitation Salary & Benefits Report released...
House Republicans: Anticipated OSHA COVID-19 rule is ‘height of foolishness’
By
Kathleen Steele Gaivin
Oct 05, 2022
The Occupational Safety and Health Administration’s anticipated COVID-19 rule for healthcare workers is the “height of foolishness,” two Republican members of the House of Representatives told OSHA...
Skilled nursing occupancy hovering around 78 percent
By
Kathleen Steele Gaivin
Oct 03, 2022
Skilled nursing occupancy for July was 78.1%, virtually unchanged from the previous five months, according to a report released last week by the NIC MAP Data Service.
Long-term care shows signs of recovery despite inflationary headwinds
By
Kathleen Steele Gaivin
Sep 16, 2022
Despite persistent labor and inflationary headwinds, senior living and skilled nursing are seeing growth in occupancy and rents, according to new reports from Marcus & Millichap released Wednesday.
Senior living occupancy on track for gain for 5th consecutive quarter
By
Kathleen Steele Gaivin
Sep 12, 2022
Senior living stabilized occupancy is on track for a gain for the fifth consecutive quarter, according to the National Investment Center for Seniors Housing & Care intra-quarterly snapshot released last...
‘Red-hot inflation’ drives senior living asking rates to record high
By
Kathleen Steele Gaivin
Sep 08, 2022
Senior living asking rates were driven to record highs in June compared with the previous year, as the Federal Reserve raised interest rates in response to “red-hot inflation,” according to Omar Zahraoui,...