Senior housing occupancy increases reflect strong demand: NIC
By
Kimberly Bonvissuto
May 15, 2023
Strong demand is providing a positive outlook for senior living as occupancy levels returned to — or even exceeded — pre-pandemic levels last month, according to just-released NIC MAP Vision data.
More news for Monday, May 15
By
Kimberly Bonvissuto
May 15, 2023
‘Landmark’ funding program promotes green, resilient affordable senior housing retrofits … Safest states to retire to avoid senior fraud … Assisted living community accused of racial discrimination...
Invesque continues paring skilled nursing from its portfolio
By
Kimberly Bonvissuto
May 12, 2023
Before the end of the second quarter, Invesque should have only nine skilled nursing facilities left in its portfolio, as the Fishers, IN-based healthcare real estate company continues to change its focus...
Deals continue for CareTrust REIT
By
Kimberly Bonvissuto
May 12, 2023
2023 is off to an “exciting start” for CareTrust REIT, with new investments, a “robust” acquisition pipeline and new operators rounding out its portfolio, executives said Thursday.
Tech, healthcare as value proposition among silver linings of pandemic for senior living, executives...
By
Kimberly Bonvissuto
May 11, 2023
The pandemic upended the senior living business model, but it wasn’t all bad, according to a panel of executives at the 2023 Argentum Senior Living Executive Conference this week.
Assisted living community accused of firing exec in retaliation for reporting inadequate staffing levels
By
Kimberly Bonvissuto
May 11, 2023
A former senior living executive maintains that he was fired in retaliation for reporting his employer to the state for a “lack of appropriate staffing levels.”
Assisted living reaching ‘breaking point,’ with 40 percent of providers without sufficient staffing
By
Kimberly Bonvissuto
May 09, 2023
Assisted living providers in Minnesota say that the workforce situation is bleak and getting worse as industry leaders advocate for more funding to ensure career-sustaining wages for caregivers.
Senior living a ‘significant source of strength’ in Pennant’s portfolio, CEO says
By
Kimberly Bonvissuto
May 08, 2023
Growth in The Pennant Group’s senior living business continued with “impressive progress” in the first quarter, with occupancy growing for the fifth consecutive quarter, executives said Friday.
Bill seeks to launch national pilot program of Section 202, Section 8 intergenerational housing
By
Kimberly Bonvissuto
May 08, 2023
Proposed national legislation would enable affordable senior housing providers to retrofit and improve accessibility at their properties to better support older adult residents who are raising their grandchildren.
CVS records $349 million loss related to Omnicare long-term care pharmacy business
By
Lois A. Bowers
May 04, 2023
CVS Health in the first quarter recorded a $349 million loss on assets held for sale associated with the Omnicare business.