‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
Brookdale achieves 31 consecutive months of occupancy growth
By
Kimberly Bonvissuto
Jun 12, 2024
Brookdale Senior Living announced late Monday that it has achieved 31 consecutive months of year-over-year weighted average occupancy growth.
Omega Healthcare Investors has ‘headroom’ to withstand LaVie’s bankruptcy: Fitch Ratings
By
Kathleen Steele Gaivin
Jun 12, 2024
Omega Healthcare Investors’ credit rating has enough of a cushion to weather the recent bankruptcy of tenant LaVie Care Centers, Fitch Ratings said Tuesday.
FDA advisers support new Alzheimer’s drug
Jun 11, 2024
A US Food and Drug Administration advisory panel voted unanimously on Monday to recommend that the benefits of a new drug for Alzheimer’s outweigh its harms, which can include brain swelling and...
People in the news, June 11
Jun 11, 2024
Appointments, promotions and other news at Covenant Living, Diversified Healthcare Trust, IntegraCare, Knute Nelson/Walker Methodist, Liberty Senior Living, Silver Birch Living, United Methodist Memorial...
Silver Springs receives 3-year re-accreditation from CARF
By
Kathleen Steele Gaivin
Jun 10, 2024
Independent, not-for-profit accreditation firm CARF International has re-accredited Silver Springs, an active retirement community owned and operated by Senior Resource Group, for three years.
Don’t deter ‘necessary capital partners,’ senior living leaders tell federal agencies
By
Kimberly Bonvissuto
Jun 07, 2024
Recent intense focus on the role of private investment in healthcare could create “unintended consequences” that would deter investment in the senior living industry at a time when it can least afford...
Legislation, lawsuits aim to block overtime rule from taking effect
By
Kathleen Steele Gaivin
Jun 07, 2024
Republican-backed legislation introduced this week in both houses of Congress under the Congressional Review Act, if passed, would block the federal overtime rule from going into effect on July 1.
Senior living industry moves toward rate integrity in wake of pandemic
By
Kimberly Bonvissuto
Jun 06, 2024
The senior living industry enjoyed some “serious rate integrity” in the first quarter, according to data from 250 individual market surveys on communities across the nation.
Assisted living will help shape Louisiana’s dementia response plans
By
Kimberly Bonvissuto
Jun 06, 2024
Legislative action creating a coordinated response to Alzheimer’s and dementia in Louisiana is being called a “commendable” step toward addressing the needs of those affected by the disease. And...