CVS Health and Healthpeak Properties presented fourth-quarter and full-year 2022 earnings results on Wednesday.
Cogeneration system harnesses power of clean energy for long-term care operator
By
Kathleen Steele Gaivin
Feb 08, 2023
It takes a lot of energy to heat and cool Hebrew Home of Riverdale’s 32-acre campus on Hudson River in the Bronx, NY. When it came time to replace aging equipment — some buildings are well over 100...
Earnings calls roundup: Omega, Ensign, RMR
By
Kathleen Steele Gaivin
Feb 06, 2023
The Ensign Group, Omega Healthcare Investors and The RMR Group held earnings calls on Friday.
Inflation Reduction Act estimated to yield billions in drug savings
Feb 02, 2023
The ceiling prices for negotiation would have reduced Medicare prescription drug spending by ~5% if implemented from 2018 to 2020.
Assisted living needs to be part of enhanced Medicaid HCBS program, industry advocates say
By
Kimberly Bonvissuto
Jan 30, 2023
A proposal calling for permanent enhanced federal funding to states to expand the Medicaid home- and community-based services program needs to go a step further to emphasize the benefits of assisted living,...
Headwinds may stall CCRC recovery, Fitch Ratings says
By
Kathleen Steele Gaivin
Jan 27, 2023
Although demand is high for continuing care life plan communities, some headwinds may stall total recovery for the sector, according to the experts at Fitch Ratings.
Republicans take aim at Social Security, Medicare in debt reduction talks
By
Kathleen Steele Gaivin
Jan 25, 2023
The United States reached its debt limit of $31.4 trillion Thursday. As Congress looks to reduce spending, some House Republicans are taking aim at Social Security and Medicare.
Cheaper housing driving interstate moves among retirees
By
Kimberly Bonvissuto
Jan 24, 2023
More retirees are moving from one state to another in search of less expensive housing, and they have their sights set on Florida, according to a retirement relocation trend report.
SNF operators to continue to see profit margins shrink: report
By
Kathleen Steele Gaivin
Jan 23, 2023
Skilled nursing facilities operators should expect their profit margins to continue to shrink over the next four years, even as other segments of long-term care see modest gains. That’s according to...
OSHA civil penalty increases effective today
By
Kathleen Steele Gaivin
Jan 17, 2023
Changes to OSHA civil penalty amounts based on cost-of-living adjustments for 2023 went into effect today.