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...
Members of Congress call on CMS to collaborate in addressing nursing home workforce challenges
By
Kathleen Steele Gaivin
Sep 14, 2022
A bipartisan group of members of the House of Representatives is looking to the Centers for Medicare & Medicaid Services to work with them to resolve workforce shortages experienced by nursing homes across...
Legislation aims to increase scrutiny of private equity healthcare acquisitions
By
Lois A. Bowers
Feb 27, 2024
Legislation introduced by California Attorney General Rob Bonta and Assembly Speaker pro Tempore Jim Wood (D-Healdsburg) in the Golden State would give the attorney general oversight of private equity...
Warren launches investigation into for-profit nursing homes after Genesis CEO bonus
By
Danielle Brown
Mar 19, 2021
A top U.S. lawmaker on Wednesday intensified her fiery attacks on beleaguered Genesis HealthCare’s issuance of a hefty bonus to a departing long-time CEO, even as the company was flailing amid the devastation...
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...
U.S. nursing home system ‘ineffective,’ ‘unsustainable,’ National Academies report...
By
Danielle Brown
Apr 07, 2022
A long-awaited national report has found that the way the United States finances, delivers and regulates nursing home care is ineffective and unstable. Immediate action is needed to bring meaningful changes...
REITs focused on long-term care are ‘unsung heroes’ of investing, asset manager says
By
Kathleen Steele Gaivin
Sep 29, 2023
Real estate investment trusts with portfolios heavy in skilled nursing and senior living assets are being called the “unsung heroes” among investments by the author of one online post.
Pandemic a good opportunity for SNFs to prove their importance: Matros
By
James M. Berklan
Sep 30, 2020
Census pressure and uncertainties caused by COVID-19 continue to threaten the nursing home industry. But at least one major real estate investment trust CEO sees this period as a time of good opportunity...