Long-term care accounts for 54 percent of healthcare bankruptcies this year
By
Kathleen Steele Gaivin
Aug 24, 2022
Bankruptcies in the healthcare industry are trending up by more than 25% this year, and 54% of them have happened in senior living and other long-term care settings, particularly in skilled nursing facilities,...
Supreme Court denies ‘look through’ requests in arbitration claims
By
Kathleen Steele Gaivin
Apr 01, 2022
The Supreme Court on Thursday set limits on when federal courts have jurisdiction to confirm or vacate an arbitration claim under certain sections of the Federal Arbitration Act. Essentially, the court...
Almost 40% of surveyed M&A executives are considering long-term care
By
Lois A. Bowers
Jul 03, 2018
The category of home health, long-term care and hospice services holds high interest for more than one-third of corporate or private equity executives planning to make an acquisition in the next 12 to...
HCP sets a course for the future as it reduces exposure to Brookdale
By
Lois A. Bowers
May 04, 2018
It may be several years before demand catches up with supply in senior housing, but HCP expects to outperform the competition through five major initiatives, Executive Vice President and Chief Investment...
4 types of coronavirus relief needed, senior living industry group tells President Biden
By
Ron Rajecki
Jan 20, 2022
Four actions would help protect residents and workers at senior living communities from the coronavirus and its omicron variant, Argentum President and CEO James Balda wrote Wednesday in a letter to President...
Reports: COVID-19 forces relocation of 94 residents from senior home, governor gives a ‘shoutout’...
By
Lois A. Bowers
Mar 26, 2020
Residents from St. Joseph’s Senior Home Assisted Living & Nursing Center in Woodbridge, NJ, were relocated to another long-term care community 30 miles away on Wednesday after several residents and caregivers...
National health spending could hit $6.8 trillion by 2030, CMS predicts
By
Kathleen Steele Gaivin
Mar 29, 2022
National health spending should grow 4.2% for 2021, reaching nearly $4.3 trillion, according to estimates released Monday by the Office of the Actuary at the Centers for Medicare & Medicaid Services. National...
Affordable housing company settles DOJ lawsuit over access issues at 82 complexes in 12 states
By
Kimberly Bonvissuto
Aug 04, 2020
A developer, builder and manager of affordable senior housing and other apartment complexes has settled one of the largest housing accessibility lawsuits filed by the Department of Justice.
ACA replacement would harm providers, caregivers, elderly, groups say
By
Lois A. Bowers
Mar 07, 2017
Long-term services and supports providers, Medicaid beneficiaries and professional caregivers would suffer if the bill that Republicans in the House of Representatives proposed Monday to replace the Affordable...
Senior living is a ‘huge opportunity’ in the long term, HCP believes
By
Lois A. Bowers
May 02, 2017
Wage pressures and lower occupancy levels due to new supply in the marketplace are short-term issues for senior living, Thomas M. Herzog, CEO of HCP, told analysts and others participating in a first-quarter...