Senior living sees slowing rate growth, high discounts in first quarter: NIC … Fitch Ratings affirms RiverWoods at Exeter at A-; outlook stable … Fitch rates Shell Point Retirement Community at BBB+;...
Long-term care providers among 193 criminally charged, $2.75 billion in fraud recoveries so far in 2024
By
Kathleen Steele Gaivin
Jul 01, 2024
The Justice Department has recovered more than $2.75 billion in false claims against healthcare providers and charged 193 defendants so far this year in criminal cases through its 2024 National Health...
Business Daily briefs for Thursday, May 13
By
Kathleen Steele Gaivin
May 13, 2021
Capital Funding Group announces record-setting first quarter … Nashville Business Journal names Brookdale Senior Living one of ‘Best in Business’ …Ohio hospital re-opens 50-bed unit skilled...
IntegraCare mentorship program benefits employees, residents across 3 states
By
Kathleen Steele Gaivin
Jan 10, 2022
IntegraCare’s Motivational Advancement Program, available to employees at all 15 of the company’s properties in Pennsylvania, Maryland and Virginia, aims to improve employees’ lives and, subsequently,...
Staffing shortages ease for SNFs, but they’re not out of the woods yet
By
Kathleen Steele Gaivin
Oct 18, 2022
Skilled nursing properties reporting shortages of nursing staff dropped from 28% in January to 20.8% in September, according to the National Investment Center for Seniors Housing & Care.
Prestige Care predicts layoffs ahead of shift to PACS Group
By
Kathleen Steele Gaivin
Jun 05, 2024
Vancouver, WA-based Prestige Care has begun a restructuring plan that may include layoffs as it prepares for acquisition by PACS Group in August.
Entrance-fee CCRCs outpace rental ones in occupancy
By
Kathleen Steele Gaivin
Jun 20, 2023
Continuing care retirement / life plan communities that charge an entrance fee have fared better lately in terms of occupancy than rental communities, according to specialty investment bank Zigler.
Skilled nursing occupancy begins year with ‘positive momentum’
By
Kathleen Steele Gaivin
Apr 03, 2023
Skilled nursing occupancy increased 49 basis points from December to January, to end the month at 81%, according to the National Investment Center for Seniors Housing & Care’s most recent skilled nursing...
Pace of move-ins accelerates across senior living, skilled nursing: NIC
By
Kathleen Steele Gaivin
May 08, 2023
The share of operators reporting an acceleration in the pace of move-ins in the past 30 days has increased across all care and service segments, according to the results of the latest Executive Survey...
As lead volumes grow, most operators expect pre-pandemic occupancy in 2022: NIC survey
By
Kathleen Steele Gaivin
Jun 01, 2021
Senior housing and care market fundamentals may have reached a turning point at the end of March, according to results of an executive survey released Thursday by the National Investment Center for Seniors...