Occupancy higher at entrance fee CCRCs compared with rental CCRCs
By
Kathleen Steele Gaivin
Mar 01, 2024
The occupancy rate for entrance fee continuing care retirement / life plan communities was greater than 90% in the fourth quarter of 2023, according to Omar Zahraoui, principal at the National Investment...
Spending in home care outpaces other healthcare sectors
By
Kathleen Steele Gaivin
Feb 02, 2024
Spending in home healthcare outpaced other healthcare sectors in November, according to Altarum’s monthly Health Sector Economic Indicators brief, released Wednesday.
Greene Park Capital launches senior investment platform
By
Kathleen Steele Gaivin
Feb 24, 2023
Chicago-based Greene Park Capital has launched a senior living investment platform to “focus on maximizing value by combining our access to capital and deep investment pipeline that includes strong real...
SNF occupancy declines slightly after 4 months of increases: NIC
By
Kathleen Steele Gaivin
Sep 07, 2022
After four months of increases, skilled nursing occupancy declined slightly in June, according to the latest Skilled Nursing Monthly Report from the National Investment Center for Seniors Housing & Care.
Nursing care has fastest-growing prices of healthcare sectors
By
Kathleen Steele Gaivin
Jul 20, 2023
Prices for nursing home care grew the fastest in June among the major healthcare categories, at 6.2%. Prices for home healthcare increased by 4.4%.
‘Aggressive’ rate increases needed in long-term care: ESI
By
Kathleen Steele Gaivin
Oct 13, 2022
Due to increased debt costs and other inflationary pressures, rate increases in long-term care are inevitable, Evans Senior Investments Director Kris Lowes said Wednesday. He called for operators to “aggressively...
25-member collaborative calls for Medicare, Medicaid eligibility changes
By
Kathleen Steele Gaivin
Jun 09, 2022
Twenty-five national and local organizations have signed on to an effort calling for the standard-of-living measures used to determine eligibility for programs such as Medicare, Medicaid, taxes, food assistance...
HCBS direct care workforce growth outpaces assisted living, nursing home workforce growth
By
Kathleen Steele Gaivin
Sep 08, 2022
The direct care workforce has added 1.5 million new jobs, going from 3.2 million to 4.7 million, over the past decade, according to a new report by PHI. Home- and community based services direct care workforce...
Healthcare sees highest Chapter 11 bankruptcy filings in 15 years: report
By
Kathleen Steele Gaivin
May 18, 2024
Chapter 11 bankruptcies in healthcare, including senior living reached a multiyear high in the first quarter of 2024. That’s according to the newest Polsinelli-TrBK Distress Indices Report, published...
Republican senators introduce joint resolution calling for overtime rule repeal
By
Kathleen Steele Gaivin
Jun 20, 2024
Republican Sens. Tommy Tuberville (AL) and Mike Braun (IN) on Monday introduced a joint resolution under the Congressional Review Act that if passed would repeal the federal overtime rule set to go into...