Many operators have not sought PPP loan forgiveness: Ziegler
By
Amy Novotney
Aug 26, 2020
Many senior living recipients of Paycheck Protection Program loans have not filed applications for loan forgiveness, according to data compiled by specialty investment bank Ziegler.
Five Star residents to receive home care via new collaboration
By
Kathleen Steele Gaivin
Dec 20, 2021
Newton, MA-based Five Star Senior Living will bring on-demand, acute medical care directly to its independent living, assisted living and memory care community residents through a new collaboration with...
Many nursing home providers using sign-on bonuses to attract, retain workers
By
Kathleen Steele Gaivin
Aug 02, 2022
With turnover up 25% this year compared with last year, many nursing home providers are using sign-on bonuses to attract and retain workers, according to survey results shared as part of the 45th annual...
Business briefs for Friday, Nov. 13
Nov 13, 2020
Invesque amends corporate credit facility; executes memorandum of understanding with SymCare … Pandemic’s costs to senior living on track to reach $17 billion: ASHA … Nursing homes are in era of...
Business briefs, July 2
By
Kathleen Steele Gaivin
Jul 02, 2021
Brookdale, LCS, Holiday retain Big 3 status on 2021 list of 150 largest senior living providers … Connecticut’s new ‘granny cam’ law bars residents from using tech for covert monitoring … LTC...
Proposed federal regulation aims to help workers keep track of retirement savings when they switch jobs
By
Kathleen Steele Gaivin
Jan 22, 2024
A new regulation proposed last week by the Department of Labor’s Employee Benefits Security Administration aims to help workers keep track of their retirement savings accounts better and improve their...
Brookdale Senior Living, Ventas, Diversified Healthcare Trust, Healthcare Realty Trust and Enhabit shared first-quarter financial results with shareholders on Tuesday.
Worker shortage leads to move-in freezes, visitation limits at some long-term facilities
By
Kathleen Steele Gaivin
Jun 01, 2021
Pandemic burnout coupled with competition from government unemployment benefits are being linked to staffing shortages across the country. In long-term care, the employee shortage is a top concern after...
Recovery ‘very strong’ in senior housing investment, development, expert says
By
Kathleen Steele Gaivin
Oct 22, 2021
Senior housing’s recovery, both in recovering and occupancy, is “a lot to be optimistic about,” Byron Carlock, real estate leader at PricewaterhouseCoopers, told the McKnight’s Business Daily.
State allocates $1B+ for assistance to Medicaid, other program beneficiaries
By
Kathleen Steele Gaivin
Aug 17, 2022
Georgia Gov. Brian P. Kemp (R) has set aside more than $1 billion for the state Department of Human Services to provide cash assistance of up to $350 per active enrollee in Medicaid, Supplemental Nutrition...