State allocates $1B+ for assistance to Medicaid, other program beneficiaries
By
Kathleen Steele Gaivin
Aug 17, 2022
Georgia Gov. Brian P. Kemp (R) has set aside more than $1 billion for the state Department of Human Services to provide cash assistance of up to $350 per active enrollee in Medicaid, Supplemental Nutrition...
Long-term demand, increased investor interest expected to boost senior living this year: JLL
By
Kathleen Steele Gaivin
Apr 01, 2022
The senior housing sector is recovering from pandemic-related disruption, backed by strong long-term demand and increased investor interest, according to the results of a JLL survey published Thursday.
40 percent in study of workplace-insured Americans delay care due to cost
By
Kathleen Steele Gaivin
Mar 22, 2024
Forty percent of workplace-insured Americans often delay seeing a physician due to the cost, according to a recent study by Nonfiction Research and commissioned by Paytient, a Columbia, MO-based provider...
Sonida Senior Living looks to improve balance sheet, make investments with $47.7 million equity raise
By
Kathleen Steele Gaivin
Feb 07, 2024
A $47.7 million equity raise will help Sonida Senior Living improve its finances, invest in its communities and programming, and consider acquisitions, the Dallas-based owner-operator said Tuesday. The...
Skilled nursing finances ‘much worse’ than previously known: report
By
Kathleen Steele Gaivin
Mar 03, 2022
Skilled nursing finances are “much worse” than previously thought, according to a new report outlining the financial effects of the COVID-19 pandemic on the nation’s nursing homes, American Health...
Business briefs, May 25
By
Kathleen Steele Gaivin
May 25, 2021
Missouri lawmakers hurt long-term care by failing to approve Medicaid provider tax, tying anti-abortion add-on to legislation … Software company, web-based referral service launch platform to monitor,...
Long-term care adds 9,000 jobs in May, Labor Department says
By
Kathleen Steele Gaivin
Jun 05, 2023
Nursing and residential care facilities added 9,000 jobs in May, according to employment data released Friday by the Department of Labor’s Bureau of Labor Statistics.
Brookdale reports positive year-over-year weighted average occupancy growth
By
Kathleen Steele Gaivin
Mar 10, 2022
Brentwood, TN-based Brookdale Senior Living announced Tuesday that February was the company’s fourth consecutive month of positive year-over-year weighted average occupancy growth since the pandemic...
Welltower, Chartwell dissolve joint venture
By
Kathleen Steele Gaivin
Nov 16, 2023
Welltower and Canada-based Chartwell Retirement Residences have dissolved their joint venture, first announced in 2021. Welltower said this week in a business update that the agreement to dissolve will...
Colorado SNF sanctioned for 2021 data breach
By
Kathleen Steele Gaivin
Sep 26, 2023
The state of Colorado has settled with Broomfield Skilled Nursing and Rehabilitation Center for not protecting the personal data of hundreds of residents, patients and employees before and during a 2021...