REITs focused on long-term care are ‘unsung heroes’ of investing, asset manager says
By
Kathleen Steele Gaivin
Sep 29, 2023
Real estate investment trusts with portfolios heavy in skilled nursing and senior living assets are being called the “unsung heroes” among investments by the author of one online post.
Healthcare REIT ratings expected to hold despite staffing mandate, Fitch says
By
Kathleen Steele Gaivin
Sep 22, 2023
Real estate investment trusts that own skilled nursing facilities are not likely to see their ratings affected by a minimum staffing rule that will affect most nursing homes across the country within the...
Overtime pay proposals could add up to trouble for nursing homes, workers, senator says
By
Kathleen Steele Gaivin
May 19, 2023
Proposals to increase the threshold for overtime pay could have serious repercussions for nursing home operators and staff members, Sen. Mike Braun (R-IN), ranking member of the Senate Special Committee...
FFS admissions grow 5.8% for skilled nursing, drop 8.6% for home health: report
By
Kathleen Steele Gaivin
May 10, 2023
Medicare fee-for-service admissions increased among skilled nursing facilities by 5.8% and decreased among home health providers year-over-year in the third quarter of 2022, according to a report released...
CCRC internship program helps train next generation of LPNs
By
Kathleen Steele Gaivin
Apr 11, 2023
Not-for-profit continuing care retirement / life plan community Jefferson’s Ferry in South Setauket, NY, has restarted an internship program with Suffolk County Community College through which students...
SNF staffing shifts after REIT acquisition, study shows
By
Kathleen Steele Gaivin
Mar 21, 2023
Steady increases in licensed practical nurse and certified nursing assistant hours per resident day in skilled nursing after REIT acquisition could mean that there is some kind of “substitution effect”...
57 percent of state’s SNFs report empty beds due to lack of staff
By
Kathleen Steele Gaivin
Mar 02, 2023
Fifty-seven percent of skilled nursing providers in Pennsylvania have empty beds, not because of lack of demand but because they don’t have enough staff members to care for residents and patients. That’s...
Merger will expand care to ‘every corner’ of Colorado
By
Kathleen Steele Gaivin
Feb 21, 2023
Lakewood, CO-based Vivage Senior Living and Glendale, CA-based Beecan Health have merged to integrate care across a network of 42 skilled nursing facilities across Colorado, the companies announced Thursday.
Nursing home sector’s economic recovery ‘in limbo,’ AHCA says
By
Kathleen Steele Gaivin
Feb 07, 2023
Economic recovery remains “in limbo” for the nursing home sector, especially as the public health emergency — and the funds that go along with it — is set to end this spring. That’s according...
Genesis Healthcare adds 38 former ProMedica SNFs to portfolio
By
Kathleen Steele Gaivin
Feb 01, 2023
Kennett Square, PA-based Genesis Healthcare is adding 34 nursing homes in Pennsylvania and four in Colorado, all formerly operated by Toledo, OH-based ProMedica Senior Care.