Home care spending outpaces nursing home spending ‘by far’
By
Kathleen Steele Gaivin
Jul 19, 2024
Spending on healthcare goods and services grew by 8.3% between May 2023 and May 2024, according to the latest monthly Health Sector Economics brief from Altarum, released Thursday.
Welltower upsizes pricing of $900 million of exchangeable senior notes
By
Kathleen Steele Gaivin
Jul 10, 2024
Just a day after announcing a $750 million debt offering, Welltower’s operating company, Welltower OP, upsized the offering to $900 million in 3.125% exchangeable senior notes due in 2029, the Toledo,...
Welltower launches private placement of $750 million in exchangeable senior notes
By
Kathleen Steele Gaivin
Jul 09, 2024
Welltower’s operating company, Welltower OP, has launched an offering of $750 million aggregate principal amount of exchangeable senior notes in a private placement, the real estate investment company...
$19M in grants available to improve job opportunities for older adults
By
Kathleen Steele Gaivin
Apr 15, 2024
The Department of Labor announced last week the availability of approximately $19 million in grants for current national recipients in the Senior Community Service Employment Program to apply for additional...
Labor Department announces $137 million in job-training grants
By
Kathleen Steele Gaivin
Feb 16, 2024
The Department of Labor last week announced $137 million in grant funding to support the entry of young people and formerly incarcerated individuals into the workforce.
HUD awards millions in ‘green’ funding to 17 affordable senior housing communities
By
Kathleen Steele Gaivin
Jun 26, 2024
Seventeen affordable seniors housing properties will receive funding ranging from $2.4 million to $20 million, the Department of Housing and Urban Development announced Tuesday as it makes available a...
Actions & Transactions, June 24
By
Kathleen Steele Gaivin
Jun 24, 2024
NJ appoints receiver at two facilities linked to Centers Health Care … Athena sells five nursing homes … Presbyterian Homes’ Moorings of Arlington Heights to add more independent living … Hebrew...
State awards $5 million to colleges, universities to expand nursing programs
By
Kathleen Steele Gaivin
Feb 13, 2024
Grants totaling $5 million are being distributed to a total of 20 colleges and universities across Missouri, to be used to bolster nursing programs. Gov. Michael Parson (R) approved the distribution at...
PharMerica parent BrightSpring announces equity grant program for employees as company begins trading...
By
Kathleen Steele Gaivin
Lois A. Bowers
Feb 05, 2024
Louisville, KY-based BrightSpring Health Services, the parent company of long-term care pharmacy PharMerica, began trading on Nasdaq on Jan. 26 following the pricing of its initial public offering the...
HUD announces income limits, $174 million in ‘green’ funding
By
Kathleen Steele Gaivin
Apr 04, 2024
The Department of Housing and Urban Development has announced the next round of funding awards under its Green and Resilient Retrofit Program, which provides funding for direct loans and grants to fund...