Congress calls for Provider Relief Fund deadline extension, clear guidelines
By
Kathleen Steele Gaivin
May 20, 2021
Unless the U.S. Department of Health and Human Services or Congress take action to extend the Provider Relief Fund deadline past June 30, providers must use or lose those dollars they have received for...
Regional Health Properties sees occupancy increase in first quarter
By
Kathleen Steele Gaivin
May 18, 2021
Regional Health Properties saw a slight increase in occupancy levels and improvements in rent collections among operators in its portfolio, the Suwanee, GA-based real estate investment trust reported Monday...
Business briefs for Friday, May 14
By
Kathleen Steele Gaivin
May 14, 2021
AARP calls for long-term care audit in Arizona … Kirkley Hotel in Virginia seeks permission to convert existing business to senior housing facility …Fitch downgrades Harrogate’ in New Jersey...
Business Daily briefs for Thursday, May 13
By
Kathleen Steele Gaivin
May 13, 2021
Capital Funding Group announces record-setting first quarter … Nashville Business Journal names Brookdale Senior Living one of ‘Best in Business’ …Ohio hospital re-opens 50-bed unit skilled...
$50 million philanthropic fund to focus public, policymakers on care infrastructure
By
Kathleen Steele Gaivin
May 13, 2021
The $50 million Care for All with Respect and Equity (CARE) Fund, launched through collaboration of eight leading philanthropic organizations, will seek to leverage increased public and policymaker attention...
State lax in nursing home funding during pandemic: study
By
Kathleen Steele Gaivin
May 12, 2021
A new study concludes that Connecticut health officials were lax in their funding and regulation of nursing homes during the first year of the coronavirus pandemic.
Business briefs for Tuesday, May 11
By
Kathleen Steele Gaivin
May 11, 2021
Washington State Legislature allocates $300K for roof repairs for 50-year-old independent living building … Fully vaccinated long-term care staff no longer must be routinely tested in Michigan … Vacancy...
‘We are seeing the green shoots of recovery,’ Brookdale CEO says
By
Kathleen Steele Gaivin
May 20, 2021
Brookdale Senior Living is “seeing the green shoots of recovery,” President and CEO Lucinda “Cindy” Baier said yesterday at the Capital Markets Global Health Care Conference.
Actions & Transactions, May 14
By
Kathleen Steele Gaivin
May 14, 2021
Walter & Dunlap fund $56M refinance for three Chicago nursing homes … Laurel Circle completes $8 million, 28,317-square-foot renovation … JLL Capital Markets announce $66M purchase of five senior housing...
2 New Jersey nursing homes close amid rising costs, limited funds
By
Kathleen Steele Gaivin
May 13, 2021
Two New Jersey nursing homes have closed amid increasing costs and limited funds, despite receiving high marks for care provision.