‘Pervasive’ staffing shortage poses dilemmas for skilled nursing sector
By
Kathleen Steele Gaivin
Oct 25, 2021
Staffing shortages have become “pervasive” nationwide since the pandemic began, and the acute shortage of nursing staff and aides in skilled nursing facilities likely has not hit rock bottom yet, National...
Proposed merger ‘best opportunity’ for DHC to handle debt, Francis says
By
Kathleen Steele Gaivin
Aug 03, 2023
Diversified Healthcare Trust’s proposed merger with Office Properties Income Trust is expected to close after shareholders vote Aug. 30, the real estate investment trust’s president, CEO and managing...
2022 investments so far top all of 2021, LTC Properties CEO says
By
Kathleen Steele Gaivin
Aug 01, 2022
Westlake Village, CA-based LTC Properties has invested $10 million in senior housing and care properties this year, which is more than its investments for all of last year, Chairman and CEO Wendy Simpson...
Third-quarter earnings snapshot: CareTrust REIT, Invesque, National Health Investors
By
Kathleen Steele Gaivin
Nov 10, 2022
CareTrust REIT, Invesque and National Health Investors held earnings calls Wednesday. Here’s a snapshot.
Earnings call wrap-up: Welltower, LTC Properties
By
Kathleen Steele Gaivin
Feb 17, 2023
Real estate investment trusts Welltower and LTC Properties reported Thursday on their fourth-quarter and full-year 2022 earnings.
Senior living industry breathes sigh of relief over Provider Relief monies, asks HHS to pay up
By
Kimberly Bonvissuto
Kathleen Steele Gaivin
Aug 12, 2021
With Senate passage of the $1 trillion bipartisan infrastructure deal on Tuesday, the senior living industry is breathing a sigh of relief that Provider Relief Funds emerged unscathed.
Invesque continues to sell SNFs in shift to private-pay senior living
By
Kathleen Steele Gaivin
Mar 18, 2024
Invesque continues to sell the skilled nursing facilities in its portfolio to focus predominantly on private-pay senior living, the Fishers, IN-based healthcare real estate company reported in a full-year...
Fishers, IN-based healthcare real estate company Invesque and Dallas-based senior living provider Sonida Senior Living held second-quarter earnings calls on Monday.
Contingent employees could save post-acute care $20 billion in lost revenue this year
By
Kathleen Steele Gaivin
Jun 03, 2022
The post-acute care sector could lose up to $19.5 billion in revenue this year because of lower occupancy rates (which are down 14% since 2020) due to understaffing, predicts a new report.
Fed unlikely to ‘take its foot off the brake’ anytime soon
By
Kathleen Steele Gaivin
Mar 03, 2023
The economic landscape remains volatile, National Investment Centers for Seniors Housing & Care Chief Economist and Director of Outreach Beth Burnham Mace said Wednesday at NIC’s Spring Conference.