Buyers are bullish for skilled nursing, expert says
By
Kathleen Steele Gaivin
May 05, 2022
Even in today’s economy, buyers are bullish when it comes to investing in skilled nursing facilities, Jason Stroiman, president and founder of Chicago-based Evans Senior Investments, said Wednesday in...
First-quarter earnings calls continued Wednesday with updates from Aleris Senior Living, CVS Health (parent of Omnicare), Diversified Healthcare Trust and Healthpeak Properties.
Experts offer tips to mitigate construction cost risks in the current economy
By
Kathleen Steele Gaivin
Apr 27, 2022
Limited staff, resources, costs and supply chain issues all continue to hinder construction projects in the economy. Plante Moran experts offered strategies for mitigating construction costs risks and...
New infection control certification launches for long-term care settings
By
Kathleen Steele Gaivin
Apr 27, 2022
The Certification Board of Infection Control and Epidemiology is launching a new certification for infection prevention and control professionals who work in long-term care settings.
At 8.5%, the U.S. inflation reached its highest point in 40 years earlier this month while the unemployment rate At 8.5%, the U.S. inflation reached its highest point in 40 years earlier this month while...
Welltower’s investment pipeline remains ‘robust’ in 2022 for, REIT says
By
Kathleen Steele Gaivin
Apr 22, 2022
Toledo, OH-based real estate investment trust Welltower’s investment pipeline was “robust” in the first quarter, according to a business update the REIT issued to investors Thursday in conjunction...
State needs ‘continued investment’ in assisted living, department says
By
Kathleen Steele Gaivin
Apr 22, 2022
Pennsylvania’s long-term care system is under scrutiny as the commonwealth looks to “increase its investment in caring for our seniors and people with disabilities,” Pennsylvania Department of Human...
Immigrant labor could improve quality of care for nursing home residents: panel
By
Kathleen Steele Gaivin
Apr 20, 2022
Increasing the availability of immigrant workers, in addition to solving an industry-wide staffing shortage, could improve the quality of care in nursing homes, Delia Furtado, Ph.D., an associate professor...
What the inflation rate increase to 8.5 percent means to senior living
By
Kathleen Steele Gaivin
Apr 14, 2022
The inflation rate is higher than it’s been in almost 40 years, and the consumer price index increased 1.2% in March on a seasonally adjusted basis after rising 0.8% in February, the Bureau of Labor...
M&A activity in long-term care shrinks 9 percent during first quarter
By
Kathleen Steele Gaivin
Apr 14, 2022
Mergers and acquisitions activity slowed by 9% in the first quarter compared with the fourth quarter of 2021, according to data released Wednesday from LevinPro.