Supreme Court strips SEC of a critical enforcement tool in fraud cases … CCRC rent growth affects overall occupancy, occupancy growth … Empowering ‘deeply undervalued’ caregivers would improve...
Long-term care providers among 193 criminally charged, $2.75 billion in fraud recoveries so far in 2024
By
Kathleen Steele Gaivin
Jul 01, 2024
The Justice Department has recovered more than $2.75 billion in false claims against healthcare providers and charged 193 defendants so far this year in criminal cases through its 2024 National Health...
Amedisys receives $3.26 billion all-cash buyout offer from UnitedHealth Group’s Optum unit
By
Kathleen Steele Gaivin
Jun 06, 2023
Home health and hospice provider Amedisys received an unsolicited all-cash, $3.26 billion ($100 per share) offer Monday from UnitedHealth, through its Optum unit, to acquire all of the outstanding shares...
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...
American Healthcare REIT considers increasing stake in Trilogy Health Services
By
Kathleen Steele Gaivin
Feb 13, 2024
Fresh off of an initial public offering, American Healthcare REIT executives said Monday that the company is considering buying the remaining 26% of Trilogy Health Services that it currently does not own.
Masonicare, United Methodist Homes plan merger
By
Kathleen Steele Gaivin
May 17, 2024
Connecticut providers Masonicare and United Methodists Homes plan to merge in a deal expected to close early next year.
Closed new permanent loans for nursing homes fell by 37.6 percent in third quarter
By
Kathleen Steele Gaivin
Feb 10, 2023
New permanent loan volumes closed for nursing homes in the third quarter of 2022 were 47% less than the volume for senior living, according to a recent blog post from the National Investment Center for...
Overtime pay proposals could add up to trouble for nursing homes, workers, senator says
By
Kathleen Steele Gaivin
May 19, 2023
Proposals to increase the threshold for overtime pay could have serious repercussions for nursing home operators and staff members, Sen. Mike Braun (R-IN), ranking member of the Senate Special Committee...
Third class of MA-Cs graduates from industry-sponsored program
By
Kathleen Steele Gaivin
Nov 29, 2023
The Arkansas Health Care Association recently graduated its third cohort of students in its medication assistant–certified (MA-C) training program.
Long-term care ‘full bore ahead’ on DEIB initiatives
By
Kathleen Steele Gaivin
Mar 15, 2023
Corporate diversity pledges have fallen off at some companies amid layoffs, according to media reports, but long-term care is “full bore ahead on [diversity, equity, inclusion and belonging],” a representative...