Senior housing bondholder beats outside lender to finance bankrupt assisted living provider … Arkansas to study higher Medicaid funding for assisted living operators … Atlas Senior Living forms affiliate...
Business briefs, Sept. 2
By
Amy Novotney
Sep 02, 2021
Senior living takes lead role in vaccine mandates, faces rising labor costs … California AG files Supreme Court petition in defense of LGBTQ seniors … Medicare insolvency still expected by 2026, unchanged...
Business briefs for Monday, May 10
By
Amy Novotney
May 10, 2021
More than half of Americans oppose requiring proof of vaccination to go to work: survey … Long-term care behavioral health provider Vanguard Eldercare rebrands as GuideStar Eldercare; prepares to expand...
Skilled nursing occupancy begins to stabilize: NIC
By
Amy Novotney
May 07, 2021
Occupancy at U.S. skilled nursing facilities increased to 71.2% in February, as reported by the latest monthly skilled nursing data released Thursday from the National Investment Center for Seniors Housing...
Two major tenants failed to pay rents in the first quarter as a result of ongoing challenges related to the COVID-19 pandemic, leading some to remain concerned about the operating metrics of Westlake Village,...
American Health Advantage of Missouri adds John Knox Village to growing provider-owned I-SNP partnership
By
Amy Novotney
Apr 30, 2021
American Health Advantage of Missouri announced Thursday that Lee’s Summit, MO-based John Knox Village has become the newest locally managed partner in its provider-owned Medicare Advantage institutional...
Sagepoint Senior Living cleared of $440,000 in infection control citations from beginning of COVID-19...
By
Amy Novotney
Apr 29, 2021
One year after an inspection by the Office of Healthcare Quality, an independent administrative law judge has overturned all violations found against Maryland assisted living and skilled nursing operator...
Investing in private rooms may have prevented nearly a third of COVID-19 long-term care infections, deaths:...
By
Amy Novotney
Apr 27, 2021
Greater investment in proper infrastructure, including private rooms and adequate staffing, likely would have gone a long way in protecting long-term care residents from COVID-19 outbreaks, an international...
Business briefs for Tuesday, April 27
By
Amy Novotney
Apr 27, 2021
Federal, state and local entities can play an important role in removing barriers to a secure retirement: report … Medicare Advantage represents major threat to skilled nursing operators: CEO panel …...
Bill proposing state approval before nursing home acquisition fails, but threat still looms
By
Amy Novotney
Apr 20, 2021
California lawmakers say they’ll take no action this year on a bill that would require nursing home owners and operators to get state approval before they acquire, operate or manage a nursing home. But...