Pandemic means 41,000 fewer senior housing units could be needed: analysis
By
Kathleen Steele Gaivin
May 18, 2021
COVID-19 deaths have curtailed short-term supply needs for senior housing. The projected senior housing units needed to serve those 85 or older in 2021 are less than pre-pandemic estimates by as many as...
Business Daily briefs for Wednesday, May 12
By
Kathleen Steele Gaivin
May 12, 2021
Lifesprk, Tealwood Senior Living bring together 35 senior living properties across multiple states … 2021 shaping up as ‘difficult year’ with ‘uneven’ road to recovery: National Health Investors...
Employment (CARE) Opportunity Act would invest $1B in direct care workforce
By
Kathleen Steele Gaivin
May 12, 2021
The Direct Creation, Advancement, and Retention of Employment (CARE) Opportunity Act would invest more than $1 billion over five years in training and increasing opportunities for the direct care workforce,...
Union workers picket outside Pennsylvania nursing facilities
By
Kathleen Steele Gaivin
May 26, 2021
More than 4,000 union workers in Pennsylvania picketed outside of nursing homes Tuesday in protest of what they said are decades-old nursing regulations in need of updating.
Publicly traded nursing homes see little financial effect from pandemic: study
By
Kathleen Steele Gaivin
May 26, 2021
The COVID-19 pandemic has not resulted in the forecast financial damage for the long-term care industry, according to data reviewed in a study published in the Journal of the American Geriatrics.
Actions & Transactions, May 21
By
Kathleen Steele Gaivin
May 21, 2021
Veterans home project adds $269M skilled nursing facility … Sacramento City Council approves increased funding for affordable senior housing community … . Monarch Development plans affordable senior...
LTC unions urge CDC to revise masking guidance for vaccinated individuals to protect workers
By
Kathleen Steele Gaivin
May 21, 2021
Unions representing registered nurses and others who work in long-term care are urging the Centers for Disease Control and Prevention to reconsider its May 13 guidance on mask-wearing and social distancing...
Actions & Transactions, May 18
By
Kathleen Steele Gaivin
May 18, 2021
Odin Healthcare Center rebrands as Odin Health & Rehab Center… Goddard/Homestead builds continuing care retirement community on former school property … LifeStar Living closes on St. Petersburg location...
Lawmakers propose adding state to multistate licensing pact to ease nursing shortage
By
Kathleen Steele Gaivin
May 14, 2021
Illinois Senate Bill 2068, sponsored by state Sen. Sarah Feigenholtz (D-Chicago) would add Illinois to a multistate nurse licensure compact, allowing registered nurses and LPNs licensed in any of the 34...
Actions & Transactions, May 11
By
Kathleen Steele Gaivin
May 11, 2021
White Oak Healthcare Finance acts as sole lender and administrative agent on $25M senior credit facility for Aspen Skilled Healthcare … … Senior Living Investment Brokerage arranges sale of a 116-unit...