Price of proposed nursing home staffing mandate? Try $11.3B a year, new AHCA report finds
By
Kathleen Steele Gaivin
Dec 16, 2022
The American Health Care Association Thursday released an updated report from accounting and consulting firm CliftonLarsonAllen LLP detailing the costs of a potential federal staffing mandate for America’s...
Long-term care lending increases in second half of 2021: survey
By
Kathleen Steele Gaivin
Mar 22, 2022
Lending to long-term care providers picked up in the second half of 2021, according to results of a Ziegler / National Investment Center for Seniors Housing & Care lending survey released Friday.
Labor challenges a continued sore spot for CCRCs, Fitch Ratings says
By
Kathleen Steele Gaivin
Jul 24, 2023
Labor challenges are a continued pain point for continuing care retirement / life plan communities, according to a recent report from Fitch Ratings.
Home care is losing employees to retail, restaurants
By
Kathleen Steele Gaivin
Sep 28, 2022
As the oldest members of the baby boomer generation age, many of them want to age in their own homes. At the same time, low-wage home care workers are finding easier jobs with equal or better pay in retail...
Benefits associated with family care are in high demand: survey
By
Kathleen Steele Gaivin
Jun 08, 2023
Almost half of the 608 American workers surveyed by Alegeus said they spend most or all of the annual benefits associated with family care that their employers offer. Those benefits include elder care,...
Long-term care deal volume back to historically high levels
By
Kathleen Steele Gaivin
Mar 14, 2022
Long-term care was the highest segment in terms of volume, followed by physician practices, home health/hospice, and behavioral health.
New line of sleep health tech promises CES 2024 won’t be snooze fest
By
Aaron Dorman
Jan 04, 2024
Several dozen companies are showcasing sleep tech items, including “smart” pillows and mattresses, at an upcoming conference in Las Vegas.
ASC’s former CEO sentenced to 9.5 years in federal prison for role in $19.4 million fraud scheme
By
Lois A. Bowers
Jul 02, 2018
Former American Senior Communities CEO James Burkhart was sentenced Friday to 9 1/2 years in prison for his role in what U.S. Attorney Josh J. Minkler described as a “massive fraud, kickback and...
Assisted living? No thank you, investors and developers say
By
Lois A. Bowers
Feb 27, 2024
Assisted living communities saw the largest decrease in interest from 2023 to 2024 of all property types included in the 2024 CBRE US Healthcare Capital Markets’ Investor & Developer Survey.
Skilled nursing occupancy holds steady as providers face expense pressures: NIC
By
Kathleen Steele Gaivin
Oct 02, 2023
Occupancy among skilled nursing facilities held steady in July overall, after increasing in June, according to the latest Skilled Nursing Monthly Report, released Thursday by NIC MAP Vision.