House votes to avert Medicare cuts, but Senate battle looms … A Place for Mom launches new campaign to help caregivers find personalized care for their aging parents and relatives … One business is...
Long-term care facilities feeling the heat from surplus supply, despite ongoing demand: Zacks
By
Amy Novotney
Mar 18, 2021
Although the nation’s aging demographics are likely to lead to a surge in demand for long-term care over the next decade, many operators still are feeling pressure from a surplus supply of facilities,...
Even amid pandemic, now may be time to refinance, says senior housing real estate expert
By
Amy Novotney
Mar 05, 2021
Senior living borrowers looking to invest in a new project, provide funds for a capital improvement or even just to improve their debt service commitment or liquidity position may want to consider taking...
SNF investors focus on needs-based model, expect census return by mid-2022
By
Amy Novotney
Feb 25, 2021
Amid the all-too-frequent headlines of “nursing home deaths,” federal and state deficits, increased competition from home health agencies and historic low occupancy levels while wage pressures continue,...
Evans Senior Investment, Carnegie Capital launch senior housing joint venture
By
Amy Novotney
Feb 24, 2021
After years of working together through an informal partnership, ESI and Carnegie Capital formally announced Monday that they have formed a strategic joint venture aimed at bringing both their respective...
Legal experts warn of incoming lawsuits for long-term care
By
Amy Novotney
Feb 09, 2021
Legal teams for both long-term care operators and the residents and families affected by the COVID-19 pandemic are gearing up for lawsuits alleging neglect and wrongful death as a result of the virus —...
Florida long-term care facility reportedly offered vaccines to wealthy donors: WaPo report
By
Amy Novotney
Jan 07, 2021
Wealthy donors to a West Palm Beach, FL, nursing home and assisted living organization were offered early access to COVID-19 vaccinations, according to a report published Monday evening in the Washington...
AHCA warns that two-thirds of nursing homes are operating at a loss
By
Amy Novotney
Dec 17, 2020
The COVID-19 pandemic is pushing many skilled nursing operators close to bankruptcy, according to a new survey by the American Health Care Association. The organization surveyed 953 nursing home operators...
Biden presidency reforms likely to make retirement saving possible for more Americans: fintech expert
By
Amy Novotney
Dec 11, 2020
Retirement in America is changing, with many people living and working longer, although one fintech expert told the McKnight’s Business Daily that she believes the reforms likely to be sought by President-elect...
Experts stress need for wage increases to decrease shortages among long-term care staff
By
Amy Novotney
Dec 09, 2020
Increasing pay for direct care workers really can help long-term care operators combat staffing shortages, according to a blog post this week in Health Affairs. The article discussed how several states,...