Unemployment drops below 4 percent for first time in pandemic, Labor Department reports
By
Kathleen Steele Gaivin
Jan 10, 2022
Although long-term care continues to face labor issues, the number of unemployed workers in the United States overall decreased below the 4% mark in December for the first time since the pandemic began,...
Some Medicare Advantage organizations are denying or delaying services to beneficiaries covered under Medicare rules, according to a report issued Thursday by the Department of Health and Human Services...
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.
Construction loan closings for skilled nursing increased sixfold in first quarter: report
By
Kathleen Steele Gaivin
Aug 12, 2022
Nursing care saw a sixfold increase quarter over quarter in construction loan closings in the first quarter of 2022, according to the most recent Lending Trends Report published Thursday by the National...
Actions & Transactions, Oct. 6
By
Kathleen Steele Gaivin
Oct 06, 2022
Evans Senior Investments arranges $52M sale of 7-SNF portfolio … Private investor purchases $49.5M senior living community in New York City … Lument closes $21.6M Fannie Mae financing for Salinas,...
Private equity deals slow down in 2022 after 2021 high
By
Kathleen Steele Gaivin
May 23, 2022
Private equity healthcare provider deals have slowed in early 2022 after reaching a high in 2021, according to recent reports.
Business briefs, July 12
By
Kathleen Steele Gaivin
Jul 12, 2022
Guardian Pharmacy Services expands to Nebraska through partnership with Midwest LTC Pharmacy … Tappahannock, VA, SNF owners agree to pay $90,000 in civil penalties to settle ADA complaint … Fitch Rating...
Immigration restructuring could ease long-term care workforce crisis, industry coalition tells State...
By
Kathleen Steele Gaivin
Nov 22, 2021
Prioritizing immigration visas for nurses, waiving immigration visa interviews and expanding in-person interviews to allow for virtual interviews would help address workforce challenges facing long-term...
Retirement communities see uptick in move-ins for socialization after pandemic isolation
By
Kathleen Steele Gaivin
Jul 07, 2022
The need for socialization among older adults is helping overcome the uncertainty and decreased occupancy seen in senior living earlier in the COVID-19 pandemic, according to an article in MarketWatch.
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...