First Citizens Bank arranges $260M for refinancing of 12-property SNF portfolio in Maryland … ESI sells 8-property, $60M SNF portfolio in Hartford, CT, metro area … Cogir of Folsom, CA, celebrates...
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 8
By
Kathleen Steele Gaivin
May 08, 2024
Final rule establishes first-ever regulations for adult protective services … Court calls COVID-19 an ‘occupational disease’ for nursing home employees, allows workers’ compensation claim … Federal...
Business briefs, May 6
By
Kathleen Steele Gaivin
May 06, 2024
Senator seeks more than $853M for affordable senior housing … ‘We are Watercrest’ campaign celebrates collective vision and values … Richmond SNF opens region’s first in-center dialysis unit
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...
Consumers prefer home care, but nursing homes may better accommodate care coordination, socioeconomic...
By
Adam Healy
May 01, 2024
Not surprisingly, consumers overwhelmingly prefer home-based care to facility-based care. Difficulties coordinating caregivers or preexisting socioeconomic challenges, however, can lead some people to...
Business briefs, April 26
By
Kathleen Steele Gaivin
Apr 26, 2024
Senate bill counts hospital ‘observation’ days toward time needed for skilled nursing coverage … This state is inching closer to universal sick leave … Senate, House appropriations subcommittees...
Business briefs, April 23
By
Kathleen Steele Gaivin
Apr 23, 2024
Nursing home staffing mandate final rule released; industry reacts … CMS releases final Medicaid Access Rule; home care and senior living groups respond. … WHO to host long-term care webinar May 8...
SNFs, CCRCs ‘off the pace’ for recruiting, retaining workers: Fitch
By
Kathleen Steele Gaivin
Apr 16, 2024
Skilled nursing facilities and continuing care retirement / life plan communities “are still well off the pace needed to reach a full post-pandemic recovery” in terms of their workforces, according...
Long-term care mergers and acquisitions increase year over year
By
Kathleen Steele Gaivin
Apr 11, 2024
Mergers and acquisitions involving senior living communities and skilled nursing facilities increased by 34% year over year in the first quarter, according to data from LevinPro LTC.