Fresh off an initial public offering yielding net proceeds of $423 million, PACS Group is looking for opportunities to expand, CEO Jason Murray said Tuesday during the Farmington, UT-based holding company’s...
American Healthcare REIT now owns 76 percent of Trilogy Health Services
By
Kathleen Steele Gaivin
May 15, 2024
American Healthcare REIT owns 76% of Trilogy Health Services as of April 15, AHR reported Tuesday during an earnings call.
All signs point to ‘more robust’ senior living market, LTC Properties CEO says
By
Kathleen Steele Gaivin
May 01, 2024
“The seniors housing and care industry is on a promising upturn after setbacks related to COVID,” Westlake Village, CA-based real estate investment trust LTC Properties Chairman and CEO Wendy Simpson...
Retirement confidence has not recovered from significant 2023 drop: survey
By
Kathleen Steele Gaivin
Apr 30, 2024
Workers’ and retirees’ confidence has not fully bounced back from last year’s drop, but signs exist that a positive recovery is underway, according to results of the 2024 Retirement Confidence Survey...
Business briefs, April 30, 2024
By
Kathleen Steele Gaivin
Apr 30, 2024
Bill to block staffing rule, other LTC measures to headline congressional hearing … Legislation aims to prevent Medicaid Access Rule implementation … State bill aims to protect older adults from financial...
Business briefs, April 23
By
Kathleen Steele Gaivin
Apr 23, 2024
Nursing home staffing mandate final rule released; industry reacts … CMS releases final Medicaid Access Rule; home care and senior living groups respond. … WHO to host long-term care webinar May 8...
Arbitration agreements would be prohibited as condition of admission under proposed federal law
By
Kathleen Steele Gaivin
Apr 11, 2024
Nursing homes would be prohibited from requiring or soliciting residents to sign pre-dispute, mandatory, binding arbitration agreements as a condition of admission under a bill introduced Tuesday by Sens....
Lawmaker introduces legislation to crack down on Medicare fraud
By
Kathleen Steele Gaivin
Mar 29, 2023
Rep. Lloyd Doggett (D-TX), ranking member of the House Ways and Means Health Subcommittee, has introduced two pieces of legislation to prevent Medicare fraud.
Court precedents support Biden’s vaccine mandate for workers, experts say
By
Kathleen Steele Gaivin
Sep 28, 2021
The Republican National Committee and 24 state attorneys general have threatened to sue the Biden administration over the forthcoming COVID-19 vaccine mandate, but experts say legal precedent could be...
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.