SavaSeniorCare, Welltower, CareTrust divest from skilled nursing
By
Kathleen Steele Gaivin
Jan 03, 2023
SavaSeniorCare is set to transition the remaining five skilled nursing facilities in its portfolio to other operators by the end of January, in what seems to be a trend in long-term care that also involves...
Rate growth slows for SNFs, home care
By
Kathleen Steele Gaivin
Apr 17, 2024
Rates for both nursing home care and home healthcare grew more slowly in March than in February, according to Altarum’s monthly Health Sector Economic Indicators brief, released Tuesday.
Nursing home care continues to outpace most categories of national health spending: Altarum
By
Kathleen Steele Gaivin
Nov 20, 2023
Nursing home care in September once again represented one of the fastest-growing categories of national health spending, second only to spending on prescription drugs, according to Altarum’s monthly...
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.
Nursing home care among fastest-growing categories of national health spending: Altarum
By
Kathleen Steele Gaivin
Oct 20, 2023
Nursing home care represented one of the fastest-growing categories of national health spending in August, with year-over-year growth of 10.1%, according to Altarum’s monthly Health Sector Economic...
Business briefs, April 25
By
Kathleen Steele Gaivin
Apr 25, 2023
Activist shareholder announces intent to vote against long-serving Ventas board members… American Senior Communities announces Vision Centre sponsorship to help address workforce challenges … LCS community...
Nursing home caregivers see ‘considerable’ wage increases for second consecutive year: report
By
Kathleen Steele Gaivin
Aug 01, 2023
For the second year in a row, nursing home caregivers (including registered nurses, licensed practical nurses and certified nurse aides) received “considerable” hourly rate increases in 2023, according...
Bill would cap nursing home annual rent increases at 4 percent
By
Kathleen Steele Gaivin
Sep 23, 2022
Nursing home business owners and operators who lease their buildings would have their annual rent increases capped at 4% under a bill before the New Jersey General Assembly.
SNF, home care spending outpaced by overall personal healthcare spending
By
Kathleen Steele Gaivin
Mar 21, 2024
Year-over-year spending on nursing home care grew by 6.3% in January, and spending on home healthcare grew by 6.8%, according to Altarum’s monthly Health Sector Economic Indicators brief, released Wednesday....
Rise in nursing home costs ‘drastically’ affects middle class: analysis
By
Kathleen Steele Gaivin
Oct 25, 2023
Increasing nursing home costs “drastically affect” members of the middle class, who may not qualify for Medicaid but can’t afford the specialized geriatric services that Medicare won’t pay...