Policies needed to improve direct care workers’ financial situation: report
By
Kathleen Steele Gaivin
Aug 05, 2024
Low wages and high poverty rates for direct care workers sound the alarm for policy efforts to improve conditions in nearly every state, according to a new report from PHI.
Sabra Health Care REIT continues to make progress on its sustainability goals
By
Kathleen Steele Gaivin
Jul 30, 2024
Sabra Health Care REIT continued to make progress meeting its e-initiative roadmap goals last year, the Irvine, CA-based real estate investment trust noted in its fourth annual sustainability report. The...
Poor health exacerbates financial stress, but it’s not the worst among seniors
By
Kathleen Steele Gaivin
Jul 16, 2024
Poor health exacerbates financial stress among Americans, but it’s worse for those aged 50 to 64 than it is for those aged 65 or more years — people who often are on fixed incomes.
Welltower codifies ESG initiatives in formal policy
By
Kathleen Steele Gaivin
Jun 28, 2024
Welltower has formalized its environmental, social and governance commitment in a board-approved ESG policy, according to the Toledo, OH-based real estate investment trust’s annual ESG report, released...
‘Deteriorating’ outlook for CCRCs to continue for rest of year: Fitch
By
Kathleen Steele Gaivin
Jun 26, 2024
The “deteriorating” outlook for the not-for-profit continuing care retirement / life plan communities sector will continue for the rest of the year, “indicating our expectation that credit pressures...
HUD awards millions in ‘green’ funding to 17 affordable senior housing communities
By
Kathleen Steele Gaivin
Jun 26, 2024
Seventeen affordable seniors housing properties will receive funding ranging from $2.4 million to $20 million, the Department of Housing and Urban Development announced Tuesday as it makes available a...
DHC to use $1.5 billion mixed securities shelf proceeds for acquisitions, investments
By
Kathleen Steele Gaivin
Jun 24, 2024
Diversified Healthcare Trust has filed a prospectus with the Securities and Exchange Commission related to a $1.5 billion mixed securities shelf offering and sale.
‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
Aramark ‘running full steam’ into long-term care with more than dining
By
Kathleen Steele Gaivin
Jun 11, 2024
Food service company Aramark announced its planned re-entry into senior living and care last November at the LeadingAge Annual Meeting. The effort now is in full swing as Aramark SeniorLIFE+, with help...
Travel can benefit both family caregivers and care recipients: AARP
By
Kathleen Steele Gaivin
Jun 11, 2024
Despite challenges, there are innate benefits for family caregivers when they do make trips with their care recipients, according to the results of a survey by the AARP.