UPDATED: Diversified Healthcare Trust to merge with Office Properties Income Trust
By
Lois A. Bowers
Apr 11, 2023
Newton, MA-based Diversified Healthcare Trust, with a senior living operating portfolio that includes 237 communities with 25,346 living units, has entered into an agreement to merge with Office Properties...
‘Tens of thousands’ of nursing home caregivers could lose their jobs this week: AHCA
By
Lois A. Bowers
Oct 04, 2022
Tens of thousands of nursing home caregivers could lose their job on Friday if the Centers for Medicare & Medicaid Services does not reissue a blanket waiver, the American Health Care Association said...
19 percent worried they can’t afford senior living due to inflation: survey
By
Lois A. Bowers
Dec 05, 2022
Almost 19% of respondents to a recent survey said that they are concerned that inflation will not allow them to continue to afford senior living or home care.
$3 million from NIC will help Milken Institute ‘develop bold new models’ for senior housing and care
By
Lois A. Bowers
Nov 07, 2023
Funding of $3 million from the National Investment Center for Seniors Housing & Care will establish a new effort at the Milken Institute to “develop bold new models of housing, healthcare and community...
Final Medicaid Access Rule released, White House says
By
Lois A. Bowers
Apr 22, 2024
A federal rule requiring providers to allocate at least 80% of home- and community-based payments to direct care worker pay has been finalized, President Biden said in a fact sheet posted Monday on the...
Omnicare parent CVS Health to lay off 5,000
By
Lois A. Bowers
Aug 03, 2023
Long-term care pharmacy Omnicare’s parent company, CVS Health, will lay off 5,000 employees, the company formally announced Wednesday.
The Ensign Group adds 9 skilled nursing facilities to portfolio
By
Lois A. Bowers
Oct 04, 2022
The Ensign Group announced the addition of nine skilled nursing facilities to its portfolio on Monday. Six are in Texas, two are in South Carolina and one is in Arizona.
Learn about staffing, AI solutions from industry experts June 27 at free virtual event
By
Lois A. Bowers
Jun 24, 2024
What happens when you bring together provider experts and marketplace partners to discuss the long-term care field’s most pressing issues? Fresh ideas, new approaches and innovative solutions. Join McKnight’s...
Occupancy, financial gains continue in Sabra Health Care REIT’s senior living portfolio
By
Lois A. Bowers
Feb 29, 2024
Quarterly occupancy in Sabra Health Care REIT’s portfolio of wholly owned managed senior living communities in the fourth quarter of 2023 reached its highest level since the second quarter of 2020, the...
Senior living execs pique student interest as Granger Cobb Institute pilots Corporate Scholars program
By
Lois A. Bowers
Oct 24, 2022
Executives from Aegis Living, Merrill Gardens and Murano Senior Living are piquing interest in the senior living industry among Washington State University students participating in a new Corporate Scholars...