SNFs face ‘increased and increasingly hostile’ government scrutiny, attorneys say
By
Kathleen Steele Gaivin
Jun 06, 2024
The increased scrutiny facing nursing home providers since the COVID-19 pandemic includes “overall increased and increasingly sort of hostile approach by surveyors in the quality-of-care area,” according...
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.
CareTrust REIT reports SNFs deals totaling $180 million
By
Kathleen Steele Gaivin
Jun 05, 2024
CareTrust REIT has purchased or funded the purchase of 13 skilled nursing facilities in two deals totaling approximately $180 million, the company announced Tuesday.
NHC to acquire 15-property portfolio from White Oak Senior Living
By
Kathleen Steele Gaivin
Jun 05, 2024
National HealthCare Corp. plans to acquire Spartanburg, SC-based White Oak Senior Living’s 15-property portfolio of senior living and care communities in North Carolina and South Carolina, the Murfreesboro,...
Assisted living’s ‘fragile’ workforce is under ‘threat’ from SNF staffing rule: NCAL leaders
By
Kimberly Marselas
Jun 04, 2024
Assisted living providers must brace for the impact of increased regulation, experts at the AHCA/NCAL Congressional Briefing warned Monday.
Insurance rates add to financial challenges facing Florida’s assisted living operators
By
Kimberly Bonvissuto
Jun 04, 2024
The rapid increase in commercial property insurance rates in Florida was the final straw for some senior living providers still struggling with workforce challenges, rising wages and inflation.
People in the news, June 4
By
Foster Stubbs
Jun 04, 2024
Appointments, promotions and other news at Brio Living Services, The Claiborne, Heron’s Key, Juniper Communities, Luthercare, Meadow Ridge, Lifespace Communities, Morning Pointe Senior Living and National...
Ignite Medical Resorts continues growth trajectory with Indiana acquisition
By
Kathleen Steele Gaivin
Jun 04, 2024
Chicago-based Ignite Medical Resorts is expanding once again with the acquisition of the former Symphony of Chesterton in Chesterton, IN.
US will make millions of bird flu vaccines this summer
Jun 03, 2024
As the H5N1 avian flu continues to spread among dairy cows in the United States, nearly 5 million doses of flu vaccine are now being prepared for possible use in humans.
Updated: 89 Holiday by Atria communities moving to 6 new operators, Welltower says
By
Lois A. Bowers
Jun 03, 2024
Eighty-nine Holiday by Atria communities that are part of the portfolio of Toledo, OH-based real estate investment trust Welltower are transitioning to six other operators, the REIT announced Monday in...