Kindred Healthcare cuts employee pay by 10% … Pandemic putting sizable dent in near-term demand and significantly increasing expenses for healthcare REITs … Nareit: April seniors housing and skilled...
Avenue Development launches smart design program at two Ignite post-acute properties, financed by LTC...
By
Amy Novotney
May 07, 2021
In an effort to create a safer physical environment for residents and staff members amid the COVID-19 pandemic, healthcare and senior living real estate developer Avenue Development and post-acute provider...
Forbes: The future of nursing homes looks grim
By
Amy Novotney
May 05, 2020
Although some of short-term pandemic-related costs faced by skilled nursing facilities will likely fade over time, the industry’s current overall model may be financially unsustainable without broad...
Moody’s economist: A second wave of COVID-19 could lead nation into a depression
By
Amy Novotney
May 12, 2020
As more states begin to reopen businesses this week, Moody’s Analytics chief economist Mark Zandi warns that a spark in new coronavirus infections would likely send the economy further into a tailspin...
California nursing home fined nearly $100K for COVID-19-related workplace violations
By
Amy Novotney
Nov 24, 2020
California state workplace regulators issued one of the largest fines yet to a Bakersfield, CA, nursing home for COVID-19 related workplace violations, according to local media reports.
COVID-19 could lead to billions in long-term healthcare costs: experts
By
Amy Novotney
Aug 04, 2020
More than 18 million people have been infected by coronavirus worldwide, about a quarter of them in the United States. And healthcare experts say it will likely be years before the costs for those who...
Business briefs for Tuesday, Sept. 8
By
Amy Novotney
Sep 08, 2020
HHS: Next $2B in federal relief funding will be based on a SNF’s COVID-19 infection and mortality rate … Genesis selling five Vermont SNFs … U.S. business execs feeling optimistic about expansion...
Business briefs for Wednesday, June 17
By
Amy Novotney
Jun 17, 2020
Nearly 6 in 10 CFOs worried a new wave of COVID-19 infections will threaten business recovery: pulse survey … CareTrust REIT announces quarterly dividend of $0.25 per share … National Health Investors...
It’s time to re-think nursing home ownership, say senior care experts
By
Amy Novotney
May 22, 2020
In early April, the non-profit San Francisco Campus for Jewish Living’s skilled nursing facility began accepting COVID-positive patients discharged from hospitals, under a directive from the state of...
Business briefs for Thursday, Feb. 25
Feb 25, 2021
To position core operations for growth, Brookdale sells 80% stake in home health business for $400 million … Proposed legislation would send almost $1 billion to assist nursing homes with infection control,...