First Citizens Bank arranges $260M for refinancing of 12-property SNF portfolio in Maryland … ESI sells 8-property, $60M SNF portfolio in Hartford, CT, metro area … Cogir of Folsom, CA, celebrates...
Business briefs, May 8
By
Kathleen Steele Gaivin
May 08, 2024
Final rule establishes first-ever regulations for adult protective services … Court calls COVID-19 an ‘occupational disease’ for nursing home employees, allows workers’ compensation claim … Federal...
Business briefs, May 12
By
Kathleen Steele Gaivin
May 12, 2022
Governor’s budget includes $211.2M for direct care workforce … Organizations ask HHS to extend the public health emergency … Cincinnati SNF to close by end of year
Business briefs, May 21
By
Kathleen Steele Gaivin
May 21, 2024
New bill would extend telehealth services for seniors … Long-term care leaders return to basics, employ innovation to grow direct care staff … Nursing home residents sue state over conditions, lack...
Business briefs, May 28
By
Kathleen Steele Gaivin
May 28, 2024
Sector vows ‘confidence’ in staffing rule lawsuit success; consumer advocates press forward with complaints … Judge rejects plea deal for former Skyline nursing home owner Schwartz … Black Americans...
Business briefs, May 22
By
Kathleen Steele Gaivin
May 22, 2024
Staffing rule financial penalties could be ‘existential’ crisis for nursing homes … Aging services coalition urges passage of assisted living legislation for veterans … Attorney general sues over...
Actions & Transactions, May 9
By
Kathleen Steele Gaivin
May 09, 2024
CFG closes $20M bridge-to-Hud loan for refinancing of Maryland SNF … Muchmore Capital receives HUD MAP, Lean licenses … SLIB negotiates sale of Chandler, AZ, senior living community … Pittsburgh-area...
Business briefs, May 2
By
Kathleen Steele Gaivin
May 02, 2024
House committee split raises new questions on nursing home staffing rule’s future … CVS Health sees decline in health services segment … Walmart closes health division … Pennant Group acquires...
Long-term care adds 9,000 jobs in May, Labor Department says
By
Kathleen Steele Gaivin
Jun 05, 2023
Nursing and residential care facilities added 9,000 jobs in May, according to employment data released Friday by the Department of Labor’s Bureau of Labor Statistics.
Staffing shortages persist but lessen in skilled nursing: NIC
By
Kathleen Steele Gaivin
May 31, 2022
More than two years since the start of the pandemic, staffing shortages persist in the skilled nursing sector, according to recent data from the National Investment Center for Seniors Housing & Care. Twenty-five...