Invesque aims to ‘right-size leverage’ through sales
By
Kathleen Steele Gaivin
Aug 09, 2024
Invesque’s activity in the second quarter included selling properties and restructuring debt. The sales are in keeping with the Fishers, IN-based healthcare real estate investment company’s previously...
US spends ‘significantly less’ on long-term care than other countries
By
Kathleen Steele Gaivin
Aug 06, 2024
The United States spends “significantly less” on long-term care than other countries despite spending “significantly more” on healthcare overall, according to a brief published Friday by the Peterson-KFF...
Families headed by someone at or near retirement have more debt than in decades past
By
Kathleen Steele Gaivin
Aug 06, 2024
American families headed by someone just reaching retirement or newly retired are more likely to have debt than similar households in the 1990s. And that debt is a higher amount than debt carried by those...
Liability costs, severity increasing for long-term care providers
By
Kathleen Steele Gaivin
Aug 02, 2024
Liability costs continued to rise for senior living and care operators last year, although “the underlying dynamics that impact loss costs may be shifting,” according to a new actuarial analysis from...
‘Strong industry headwinds’ lead to bankruptcy for Guardian Healthcare
By
Kathleen Steele Gaivin
Aug 01, 2024
Brockway, PA-based Guardian Healthcare has filed for Chapter 11 bankruptcy protection.
Earnings calls wrap-up: Welltower, LTC Properties
By
Kathleen Steele Gaivin
Jul 31, 2024
Welltower and LTC Properties reported second-quarter earnings to investors and analysts on Tuesday.
FTC’s noncompete ban upheld in one district court — a different conclusion than reached in another...
By
Kathleen Steele Gaivin
Jul 25, 2024
A federal judge in Pennsylvania on Tuesday denied a request to block enforcement of the Federal Trade Commission’s final rule banning noncompete agreements in most instances.
Bill aims to override Supreme Court decision on Chevron deference
By
Kathleen Steele Gaivin
Jul 24, 2024
Legislation introduced Tuesday in the Senate would override the Supreme Court’s recent decision in Loper Bright Enterprises v. Raimondo to overturn the so-called Chevron doctrine, which held that...
Fee-for-service skilled nursing utilization stable but still below pre-pandemic levels
By
Kathleen Steele Gaivin
Jul 22, 2024
National fee-for-service skilled nursing facility utilization has been stable year over year from the third quarter of 2023 to the third quarter of this year, but utilization remains 2 percentage points...
Business briefs, July 22
By
Kathleen Steele Gaivin
Jul 22, 2024
Argentum urges Texas to expedite power restoration for senior living communities following Hurricane Beryl … Appeals court remands Biden ESG case to lower court in light of Supreme Court ruling … Lantern...