Publicly traded nursing homes see little financial effect from pandemic: study
By
Kathleen Steele Gaivin
May 26, 2021
The COVID-19 pandemic has not resulted in the forecast financial damage for the long-term care industry, according to data reviewed in a study published in the Journal of the American Geriatrics.
Ventas offering deferred rent for April; others likely to follow
By
Amy Novotney
Apr 01, 2020
Ventas announced Monday that it is offering a 25% deferred rent payment for April for its operators in triple-net leases — about 20% of its portfolio by net operating income.
This long-term care provider says no vaccine is required for new hires
By
Kathleen Steele Gaivin
Sep 28, 2021
Carefree Cottages, an independent and assisted living community in Maplewood, MN, decided to entice new workers by not requiring COVID-19 vaccination as a condition of employment.
Healthcare workers appeal dismissal of suit challenging Maine vax mandate
By
Kathleen Steele Gaivin
Sep 20, 2022
Seven healthcare workers are appealing a federal judge’s dismissal of a claim against several companies, the governor and other officials regarding Maine’s healthcare COVID-19 vaccine mandate. The...
Welltower, Diversified Healthcare Trust takes steps to address financial impact of COVID-19 pandemic
By
Amy Novotney
Apr 04, 2020
Toledo, OH-based real estate investment trust Welltower announced several steps late Wednesday that the firm has taken in recent weeks to strengthen its balance sheet and enhance its liquidity profile.
Ensign Group’s future is ‘brighter than ever,’ CEO says
By
Kathleen Steele Gaivin
Aug 03, 2022
The Ensign Group’s near-term and long-term future is “brighter than ever,” CEO Barry Port said during Tuesday’s second-quarter earnings call.
Move-ins slow with omicron surge; move-outs hold constant: NIC
By
Kathleen Steele Gaivin
Feb 11, 2022
Move-ins slowed last month in long-term care facilities offering higher levels of care, according to the National Investment Center for Seniors Housing & Care.
Brookdale, LTC, NHI and Welltower issue business updates
By
Kathleen Steele Gaivin
Jan 12, 2022
Several companies released updates this week, focusing on portfolio activity, litigation, capital, rent deferrals and occupancy.
Truewood middle-market brand expands with 6 former Holiday properties
By
Ron Rajecki
Apr 18, 2022
Merrill Gardens’ middle-market brand, Truewood by Merrill, has expanded with six independent living communities formerly managed by Holiday Retirement and, more recently, by Atria Senior Living.
Trilogy’s people-first staffing approach has led to a nearly 50% lower employee turnover rate than...
By
Amy Novotney
Dec 11, 2020
As the pandemic’s toll has exacerbated workforce shortages and employee turnover in the sector living and care sector, executives at Louisville, KY-based Trilogy Health Services know that ensuring a...