PruittHealth expands presence in Georgia with 3-SNF acquisition
By
Lois A. Bowers
Oct 10, 2023
Norcross, GA-based PruittHealth is expanding its presence in Georgia with the acquisition of three skilled nursing facilities from Piedmont. Two of the facilities are located in Augusta, and one is located...
US healthcare spending for NFs and CCRCs to reach $337.4 billion by 2032, CMS says
By
Lois A. Bowers
Jun 13, 2024
National health expenditures for nursing facilities and continuing care retirement communities are expected to reach $337.4 billion by 2032, according to new estimates released Wednesday by the Office...
State lax in nursing home funding during pandemic: study
By
Kathleen Steele Gaivin
May 12, 2021
A new study concludes that Connecticut health officials were lax in their funding and regulation of nursing homes during the first year of the coronavirus pandemic.
Updated: Sabra Health Care REIT to move 24 North American Health Care properties to Ensign, Avamere
By
Lois A. Bowers
Nov 07, 2022
Irvine, CA-based real estate investment trust Sabra Health Care REIT will transition a 24-property skilled nursing portfolio leased to North American Health Care to two of Sabra’s existing tenants, The...
Business briefs, Sept. 5
Sep 05, 2023
Data breach affects more than 200,000 Indiana Medicaid beneficiaries … Skilled nursing providers find few silver linings, stew over minimum staffing demands … Elison Willowbrook in Houston unveils...
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...