REIT ownership linked to decline in RN staffing, increases in LPN, CNA use
By
Kathleen Steele Gaivin
Jan 27, 2023
Nursing homes, after being purchased by a real estate investment trust, are likely to see increases in licensed practical nurse and certified nursing assistant staff hours per resident day of 2.15% and...
Welltower touts ‘strengthening fundamentals’ in third quarter
By
Kathleen Steele Gaivin
Sep 12, 2023
The third quarter has been marked by “strengthening seniors housing fundamentals driving continued momentum during peak leasing season,” Toledo-based real estate investment trust Welltower said Monday...
Good Sam, Ebenezer parents’ merger faces new challenge from healthcare union
By
Kathleen Steele Gaivin
Mar 07, 2023
A planned merger between the parent companies of the Evangelical Lutheran Good Samaritan Society and Ebenezer Senior Living, which seemed all but certain a few months ago, is facing mounting challenges...
Providers need ‘meaningful aid,’ groups say as president unveils executive order
By
Kathleen Steele Gaivin
Apr 19, 2023
Building a pipeline of professional caregivers and then retaining them in long-term care are some of the goals of an executive order signed Tuesday by President Biden. Provider groups responded by calling...
Brightview Senior Living to use $202 million fund to develop new properties
By
Kathleen Steele Gaivin
Dec 12, 2022
Baltimore-based Brightview Senior Living has raised $202 million in a new fund that the company will use to develop eight or nine new senior living communities over the next three years, CEO and President...
Older workers’ on-the-job injuries most expensive: report
By
Kathleen Steele Gaivin
Jul 26, 2023
Workers aged 60 or more years are injured less often on the job than workers in most other age groups, but their injuries cost the most to treat. That’s according to a report from insurance company Travelers.
National HealthCare Corp., Omega Healthcare Investors, Ventas report third-quarter earnings
By
Kathleen Steele Gaivin
Nov 06, 2023
National HealthCare Corp., Omega Healthcare Investors and Ventas released their third-quarter earnings results on Friday.
SavaSeniorCare, Welltower, CareTrust divest from skilled nursing
By
Kathleen Steele Gaivin
Jan 03, 2023
SavaSeniorCare is set to transition the remaining five skilled nursing facilities in its portfolio to other operators by the end of January, in what seems to be a trend in long-term care that also involves...
Long-term care shows signs of recovery despite inflationary headwinds
By
Kathleen Steele Gaivin
Sep 16, 2022
Despite persistent labor and inflationary headwinds, senior living and skilled nursing are seeing growth in occupancy and rents, according to new reports from Marcus & Millichap released Wednesday.