Nursing home occupancy reaches 2023 high of 81.2 percent
By
Lois A. Bowers
Sep 01, 2023
SNF occupancy in June was 81.2%, the highest it has been all year, according to the latest Skilled Nursing Monthly Report.
Business briefs, Sept. 1
Sep 01, 2023
Survey: Many building leaders want higher pay for extra work … Investor details how a focus on senior living spurs business growth … Growth on US REITs’ same-store NOI slows in Q2 … Fitch Affirms...
Industry groups seek immunity from pandemic-related lawsuits for operators
By
Lois A. Bowers
Apr 28, 2020
While national and state associations seek legal immunity against claims arising out from actions related to fighting COVID-19, a House task force has prioritized long-term care and affordable senior housing...
Business briefs, Nov. 30
By
Kathleen Steele Gaivin
Nov 30, 2022
Commission says direct care worker shortage is a priority…CMS issues ultimatum on HCBS settings final rule compliance … Fitch Ratings affirms Brethren Village revenue bonds at BB+; outlook stable …...
60 percent of ‘culture change’ nursing homes able to maintain most measures during pandemic:...
By
Lois A. Bowers
Aug 31, 2022
Many nursing homes that were operating under the principles of culture change before the COVID-19 pandemic have been able to maintain or even expand their efforts to focus on resident quality of life and...
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.
63-SNF Regency becomes new nonprofit, Wellsential Health
By
Lois A. Bowers
Oct 10, 2023
The Victoria, TX-based organization now known as Wellsential Health now is the largest family of nonprofit SNFs in Texas, according to the company.
Where COVID-19 has affected occupancy most, least: survey
By
Lois A. Bowers
Jul 13, 2020
Independent living occupancy levels were the least affected by COVID-19 in late June and early July, and skilled nursing occupancy levels were the most affected, according to the results of a new survey....
Record prices paid for assisted living units, while SNFs top $93,000
By
Amy Novotney
Mar 25, 2020
Before the coronavirus pandemic took over the U.S. economy, the seniors housing and care market was as a roll, according to data released Monday from Norwalk, CT-based Irving Levin Associates. The average...
Skilled care M&A market now one of best on record: ESI
By
Amy Novotney
Nov 04, 2020
Although the skilled nursing industry — as much of the economy — appears to be in a constant state of flux given the ongoing COVID-19 pandemic and the election, one real estate brokerage firm says...