Skilled nursing occupancy begins year with ‘positive momentum’
By
Kathleen Steele Gaivin
Apr 03, 2023
Skilled nursing occupancy increased 49 basis points from December to January, to end the month at 81%, according to the National Investment Center for Seniors Housing & Care’s most recent skilled nursing...
Pace of move-ins accelerates across senior living, skilled nursing: NIC
By
Kathleen Steele Gaivin
May 08, 2023
The share of operators reporting an acceleration in the pace of move-ins in the past 30 days has increased across all care and service segments, according to the results of the latest Executive Survey...
Business briefs, July 14
By
Kathleen Steele Gaivin
Jul 14, 2023
Staffing climate improves across senior housing properties: NIC … Evaluating the effectiveness of attracting, retaining the right candidate … Canterbury Rehabilitation & Healthcare marks renovation...
Loan activity at record low for senior living: NIC
By
Kathleen Steele Gaivin
Aug 11, 2023
The issuance of new permanent debt reached a time series low for senior living — and a near record low for skilled nursing — in the first quarter based on the six years since the National Investment...
Overtime rule publication pushed to August
By
Kathleen Steele Gaivin
Jun 16, 2023
The Department of Labor Wage and Hour Division has pushed back publication of its overtime rule proposal from May to August.
$1M in investable assets won’t cut it in retirement, survey finds
By
Kathleen Steele Gaivin
Oct 19, 2022
Wealthier individuals are preoccupied with their eventual ability to retire comfortably, even if they have $1 million or more in assets, according to data on such US investors from a survey conducted by...
Prestige Care predicts layoffs ahead of shift to PACS Group
By
Kathleen Steele Gaivin
Jun 05, 2024
Vancouver, WA-based Prestige Care has begun a restructuring plan that may include layoffs as it prepares for acquisition by PACS Group in August.
Labor market solid, with ‘notable pockets of weakness,’ ADP finds
By
Kathleen Steele Gaivin
Jun 06, 2024
“Job gains and pay growth are slowing going into the second half of the year,” ADP Chief Economist Nela Richardson said in a press release issued Wednesday in conjunction with the monthly ADP National...
Second-generation Korean American brings ‘silver towns’ model to Georgia
By
Kathleen Steele Gaivin
Feb 23, 2024
In keeping with the Korean custom of caring for one’s elders, one man has developed a senior living community meant to emulate the silver towns of South Korea.
2 more operators announce affiliation plans
By
Kathleen Steele Gaivin
Sep 07, 2023
In a year marked by record merger and acquisition activity in senior housing and care, two more providers have announced affiliations with other companies.