Long-term care deal volume down as 2024 approaches
By
Kathleen Steele Gaivin
Dec 13, 2023
As long-term care operators prepare for 2024, the volume of senior housing and care deals is down, Paul Branin, vice president of business development at management and consulting firm Health Dimensions...
The needs of middle-class Americans over 55 often go unmet: SCEPA
By
Kathleen Steele Gaivin
Dec 06, 2023
Many adults aged 55 and older who have difficulty with daily and instrumental activities aren’t getting the help they need, research associate Jessica Forden of the Schwartz Center for Economic Policy...
Fitch offers bleak outlook for life plan communities for 2024
By
Kathleen Steele Gaivin
Dec 05, 2023
Continuing care retirement / life plan communities are facing “fierce economic headwinds” heading into next year, according to a report released Monday by Fitch Rating
Skilled nursing occupancy tops 82 percent for first time since April 2020
By
Kathleen Steele Gaivin
Nov 07, 2023
Skilled nursing occupancy is up 142 basis points year over year as of the end of August. Occupancy reached 82.3% in August, topping 82% for the first time since April 2020, according to the latest Skilled...
Rise in nursing home costs ‘drastically’ affects middle class: analysis
By
Kathleen Steele Gaivin
Oct 25, 2023
Increasing nursing home costs “drastically affect” members of the middle class, who may not qualify for Medicaid but can’t afford the specialized geriatric services that Medicare won’t pay...
Erickson Senior Living’s MA plan earns top recognition from CMS for fourth year in a row
By
Kathleen Steele Gaivin
Oct 19, 2023
Erickson Advantage, Erickson Senior Living’s resident-only Medicare Advantage plan, has earned five stars from the Centers for Medicare & Medicaid Services for the fourth consecutive year.
Operator faces nearly $1M in damages for alleged racketeering
By
Kathleen Steele Gaivin
Oct 16, 2023
A group of nursing home residents and their families asked the 11th Circuit Court earlier this month to revive a 2018 class action suit accusing the operator of several skilled nursing facilities in Florida...
RN wages projected to grow more rapidly than wages for other professions, study finds
By
Kathleen Steele Gaivin
Oct 12, 2023
Registered nurse salaries are projected to increase over the next decade at a rate that surpasses the rate of increases for some other healthcare professions, according to the results of a recent study...
Skilled nursing occupancy holds steady as providers face expense pressures: NIC
By
Kathleen Steele Gaivin
Oct 02, 2023
Occupancy among skilled nursing facilities held steady in July overall, after increasing in June, according to the latest Skilled Nursing Monthly Report, released Thursday by NIC MAP Vision.
Federal interventions needed to support immigrants, a solution to workforce shortages: report
By
Kathleen Steele Gaivin
Sep 28, 2023
Federal-level policy interventions, such as providing work authorizations and pathways to citizenship, are needed to better support immigrant direct care workers and address workforce shortages, according...