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...
Actions & Transactions, Nov. 28
By
Kathleen Steele Gaivin
Nov 28, 2022
Cedar Health Group purchases Ft. Lauderdale assisted living community for $39M … Presbyterian SeniorCare Network garners more than $4M in state tax credits to build Pittsburgh-area LGBTQ-friendly senior...
State staffing policies could hamper MedPAC’s recommendations on federal mandate
By
Kathleen Steele Gaivin
Oct 11, 2022
A federal minimum staffing mandate is on the horizon for nursing homes at the beginning of 2023. Providers and experts wonder just how the proposed mandate might address historic staffing shortages without...
Bill would cap nursing home annual rent increases at 4 percent
By
Kathleen Steele Gaivin
Sep 23, 2022
Nursing home business owners and operators who lease their buildings would have their annual rent increases capped at 4% under a bill before the New Jersey General Assembly.
Agency staffing, wage concerns prompt workers’ strike notice across 24 PA nursing homes
By
Alicia Lasek
Aug 30, 2022
Workers across three of Pennsylvania’s largest healthcare chains intend to strike, citing inappropriate use of staffing agency services and low wages, among other problems.
Most US nursing homes provide at least some educational, retirement assistance for staff
By
Kathleen Steele Gaivin
Aug 03, 2022
Educational assistance and 401(k)/403(b) plans are among the fringe benefits highlighted nationwide in the 5th annual Nursing Home Salary & Benefits Report released by Hospital & Healthcare Compensation...
Provider, policy action can stabilize staffing levels during infectious disease outbreaks, researchers...
By
Kathleen Steele Gaivin
Jul 25, 2022
Provider and policy action are needed to counter the effects of staff absences and departures, particularly during infectious disease outbreaks such as COVID-19, that may put nursing home residents at...
Private-equity ownership leads to more resident deaths and increased spending at nursing homes, study...
By
Amy Novotney
Feb 25, 2021
An increase in resident deaths and an uptick in spending on non-patient care are just two outcomes often observed when private equity firms acquire nursing homes, according to a new working paper published...
Skilled nursing operators will recover by 2022 — without federal help, says ratings agency
By
Amy Novotney
Dec 17, 2020
Although many in the senior care industry have been focusing on the recent surge in COVID-19 deaths and record low skilled nursing occupancy rates, one ratings agency says it’s banking on a full recovery...
Nursing home, home care workers rally support for Biden workforce plan
By
Amy Novotney
Dec 09, 2020
As President-elect Joe Biden prepares to take office next month, nursing home and home care workers with the Service Employees International Union and National Domestic Workers Alliance met with their...