Senior living occupancy reaches new record low of 78.8 percent in first quarter: NIC
By
Lois A. Bowers
Apr 08, 2021
Occupancy at U.S. senior living communities — independent living and assisted living combined — reached a record low of 78.8% in the first quarter, according to new NIC MAP data released today. The...
Sunrise Senior Living to exit 46 UK communities, focus on North America
By
Lois A. Bowers
Jul 20, 2021
McLean, VA-based Sunrise Senior Living will exit as manager of 46 communities in the United Kingdom that operate under the Sunrise and Gracewell Healthcare brands as it focuses on its communities in the...
Newsweek has announced plans to publish its first-ever ranking of US continuing care retirement communities, with results based on surveys that are underway.
Actions & Transactions, Sept. 1
Sep 01, 2023
Marquee Capital completes $30M Fund II first close … Forbright Bank announces $26.5M in financing for acquisition of Maryland skilled nursing and assisted living facility … Life Care Services opens...
UPDATED: Merger of Good Samaritan, Ebenezer parent organizations called off
By
Lois A. Bowers
Jul 27, 2023
The planned merger of the parent companies of two of the largest not-for-profit senior living and care organizations in the country, announced in November, has been called off.
PruittHealth expands presence in Georgia with 3-SNF acquisition
By
Lois A. Bowers
Oct 10, 2023
Norcross, GA-based PruittHealth is expanding its presence in Georgia with the acquisition of three skilled nursing facilities from Piedmont. Two of the facilities are located in Augusta, and one is located...
AHCA/NCAL asks HHS to extend COVID-19 public health emergency past Jan. 11
By
Lois A. Bowers
Nov 03, 2022
The COVID-19 public health emergency should be extended past Jan. 11 “so that long-term and post-acute care providers can continue to offer the most efficient and effective care possible and so our nation’s...
False Claims Act settlements, judgments top $2.68 billion, set record for number
By
Lois A. Bowers
Feb 26, 2024
False Claims Act settlements and judgments exceeded $2.68 billion in the fiscal year that ended Sept. 30, with more than $1.8 billion of the total related to matters involving healthcare fraud, including...
Business briefs, Feb. 26
By
Lois A. Bowers
Feb 26, 2024
Bills would limit assisted living liability claims against ‘passive investors’ … Bassett extends sign-on bonus program; up to $35K offered to RNs, $20K for others … Trestle partners with Solinity...
Actions & Transactions, Feb. 26
By
Lois A. Bowers
Feb 26, 2024
JLL secures $18 million for Jaybird Senior Living to acquire two senior living communities in Iowa … Lutheran Senior Services acquires New Horizons PACE … Clearwater Living opens new senior living...