Long-term care corporate executives see 2.67 percent salary increase
By
Kathleen Steele Gaivin
Feb 10, 2022
Long-term care corporate executives saw an average 2.67% increase in salary in 2021, according to the 38th edition of the Multi-Facility Corporate Compensation Report, released Thursday by the Hospital...
Lawmaker accuses Genesis of misusing COVID-19 federal relief funds for CEO bonus
By
Danielle Brown
Feb 02, 2021
The nation’s largest nursing home operator is on the defense after a federal lawmaker accused it of using coronavirus federal relief funds to “line the pockets of company executives.”
‘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...
Cap rates up except in skilled nursing
By
Kathleen Steele Gaivin
Jul 11, 2023
More than 50% of the respondents to the 12th edition of CBRE’s “Seniors Housing & Care Investor Survey” expect capitalization rates to increase this year. That’s up from 27% in last year’s...
SNFs face ‘increased and increasingly hostile’ government scrutiny, attorneys say
By
Kathleen Steele Gaivin
Jun 06, 2024
The increased scrutiny facing nursing home providers since the COVID-19 pandemic includes “overall increased and increasingly sort of hostile approach by surveyors in the quality-of-care area,” according...
State high court decisions keep COVID immunity in play but define scope
By
Kimberly Marselas
Aug 14, 2023
Connecticut’s highest court has offered a mixed ruling for a nursing home that sought dismissal of a wrongful death suit under a state provision limiting COVID-era liability. The rulings put senior...
Federal government to investigate private equity’s influence on nursing homes, HCBS, home health
By
Kathleen Steele Gaivin
Mar 07, 2024
The Justice Department, Federal Trade Commission and Health and Human Services Department have announced plans to jointly investigate private equity’s influence on healthcare.
Invesque completes sale of 7 Illinois SNFs in ‘pivotal moment’ in company’s history
By
Kathleen Steele Gaivin
Jun 06, 2023
Invesque on Monday announced the sale of seven skilled nursing facilities in Illinois for $101.3 million. The sale closed on June 1.
Sabra looking forward to ‘fun part’ now that CCP merger is approved
By
Lois A. Bowers
Aug 16, 2017
Sabra Health Care REIT will continue efforts to diversify its asset base now that its merger with skilled nursing-focused Care Capital Properties has been approved by the boards of both companies, the...
Federal final rule drops bring cries of ‘flawed,’ ‘aggressive,’ ‘dramatic’ from senior living...
By
Kimberly Bonvissuto
Apr 25, 2024
Late April brought a shower of regulatory changes as the federal government dropped four major final rules this week that the senior living and care industry is calling “flawed,” “aggressive” and...