Governor’s budget includes $211.2M for direct care workforce … Organizations ask HHS to extend the public health emergency … Cincinnati SNF to close by end of year
Business briefs, May 22
By
Kathleen Steele Gaivin
May 22, 2024
Staffing rule financial penalties could be ‘existential’ crisis for nursing homes … Aging services coalition urges passage of assisted living legislation for veterans … Attorney general sues over...
Actions & Transactions, May 9
By
Kathleen Steele Gaivin
May 09, 2024
CFG closes $20M bridge-to-Hud loan for refinancing of Maryland SNF … Muchmore Capital receives HUD MAP, Lean licenses … SLIB negotiates sale of Chandler, AZ, senior living community … Pittsburgh-area...
Business briefs, May 2
By
Kathleen Steele Gaivin
May 02, 2024
House committee split raises new questions on nursing home staffing rule’s future … CVS Health sees decline in health services segment … Walmart closes health division … Pennant Group acquires...
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.
Staffing shortages persist but lessen in skilled nursing: NIC
By
Kathleen Steele Gaivin
May 31, 2022
More than two years since the start of the pandemic, staffing shortages persist in the skilled nursing sector, according to recent data from the National Investment Center for Seniors Housing & Care. Twenty-five...
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.
Business briefs, June 26
By
Kathleen Steele Gaivin
Jun 26, 2024
Addition of senior housing to data collection warehouse adds transparency, capital to sector … National s tenants bill of rights introduced … Margaritaville retirement community turns 6 … Fitch...
Skilled nursing occupancy increases are beginning to slow: NIC report
By
Kathleen Steele Gaivin
Nov 12, 2021
Although skilled nursing occupancy increased for seven consecutive, NIC MAP data reported a slowdown in August in its November skilled nursing monthly report.
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...