HJ Sims closes $132.4M refinance for Benedictine Health System … $121M senior living complex to open in St. Louis area next month … Amsterdam at Harborside receives $40M in new financing … HUD awards...
‘Holistic’ approach can address communities’ infrastructure needs
By
Kathleen Steele Gaivin
Sep 16, 2021
Skilled nursing facilities, assisted living communities and other types of senior living and care providers can work with a partner to leverage a modern funding method, mitigate risk, create cost efficiency...
Actions & Transactions, Aug. 27
By
Kathleen Steele Gaivin
Aug 27, 2021
Newtown, CT, property sells for $3.1M; to be developed for senior housing … ShiftKey receives growth capital from Lorient Capital Management … Affordable housing development celebrates grand...
Lawmakers introduce legislation aimed at bolstering wages, benefits for SNF workforce
By
Kathleen Steele Gaivin
Aug 26, 2021
The Nursing Home Workforce Support and Expansion Act, introduced in the House of Representatives Tuesday, would help skilled nursing providers recruit and retain caregivers by helping to strengthen wages...
Actions & Transactions, Aug. 25
By
Kathleen Steele Gaivin
Aug 25, 2021
Dominium begins $115M affordable senior housing project in Orlando, FL, area … Plains Commercial brokers sale of 115-bed SNF in Benbrook, TX … Watercrest Macon Assisted Living and Memory Care prepares...
‘Commonsense immigration reform’ still a key to addressing workforce shortages in long-term care
By
Kathleen Steele Gaivin
Aug 23, 2021
The long-term care industry Friday may have hit a bump in pinning some of its hopes on immigration to ease the ongoing workforce shortages, as the U.S. Citizenship and Immigration Services announced that...
HRSA clarifies Provider Relief Fund payments, processes
By
Kathleen Steele Gaivin
Aug 20, 2021
The federal Health Resources & Services Administration on Wednesday offered additional information to clarify reporting requirements for Provider Relief Fund payments.
LTC market worth expected to reach $1.7T by 2028: report
By
Kathleen Steele Gaivin
Aug 20, 2021
The worldwide long-term care market was valued at $983.3 billion in 2020 and is expected to expand at a compound annual growth rate of 7.1%, reaching $1.7 trillion by 2029, according to data released Wednesday...
Provider Relief Funds and state grant funds that Diversicare Healthcare Services received during the second quarter of 2021 were used to offset increased healthcare-related expenses and lost revenues attributable...