Invesque makes addition, dispositions and operator transitions
By
Lois A. Bowers
Nov 10, 2023
Invesque continued to adjust its portfolio through an addition, dispositions and operator transitions in the third quarter and afterward, the Fishers, IN-based healthcare real estate company reported as...
Omnicare long-term care pharmacy sale not expected any time soon, CVS says
By
Lois A. Bowers
Nov 02, 2023
The sale of CVS Health’s long-term care pharmacy business, Omnicare, isn’t expected “in the near term,” the company said Wednesday in a filing with the Securities and Exchange Commission.
The Pennant Group reports ‘continued positive momentum’ in third quarter
By
Lois A. Bowers
Nov 09, 2023
The Pennant Group saw “continued positive momentum” in operating results in the third quarter, according to Pennant CEO Brent Guerisoli.
Investors predict senior living rent increases of 3 to 7 percent
By
Lois A. Bowers
Jan 02, 2024
Sixty-six percent of respondents to a newly released survey said they expect rental rate increases of 3% to 7% over the next 12 months for active adult, independent living, assisted living and memory care...
After ‘exciting and busy’ quarter, pricing expectations may hinder senior living deals, CareTrust...
By
Lois A. Bowers
Aug 07, 2023
CareTrust REIT’s “exciting and busy” second quarter included acquisitions in senior living, but future deals in the sector in the near term may be challenged by “a gap between seller and buyer...
Preventing abuse in guardianship focus of proposed bill, final rule
By
Kimberly Bonvissuto
May 09, 2024
Proposed legislation aims to reduce the potential for abuse of older adults and people with disabilities by creating public awareness about alternatives to guardianship, whereas a new federal final rule...
More than 6 years later, GAO still looking for CMS to act on assisted living recommendation
By
Lois A. Bowers
Mar 19, 2024
The Centers for Medicare & Medicaid Services still has not taken action on a recommendation made by the US Government Accountability Office in a January 2018 report on assisted living, the GAO said in...
MFCU efforts result in 20 convictions, $9.41 million in recoveries related to assisted living in FY 2023:...
By
Lois A. Bowers
Mar 18, 2024
Efforts by state Medicaid Fraud Control Units resulted in a total of 20 criminal convictions and $9.41 million in criminal case recoveries related to assisted living in fiscal year 2023, according to a...
Assisted living will ‘meet its promise’ by providing services consumers want, experts say
By
Kimberly Bonvissuto
May 08, 2024
Through the evolution of the assisted living model, the needs of residents have become more challenging, staffing shortages have worsened, regulations have become more complex, financing and accessibility...
What’s next after NIC for Brian Jurutka
By
Lois A. Bowers
Aug 14, 2023
Brian Jurutka, former president and CEO of the National Investment Center for Seniors Housing & Care, has started a new chapter in his career, and it’s one that will enable him to continue to use data...