Diversified Healthcare Trust maintains higher than expected occupancies during pandemic …House passes PPP application extension … Watercrest Senior Living Group breaks ground on new Myrtle Beach senior...
American Healthcare REIT ‘bullish’ on long-term care prospects, exec says
By
Kathleen Steele Gaivin
Mar 25, 2024
American Healthcare REIT is “bullish” on the prospects for senior living and skilled nursing over the next several years, President and CEO Danny Prosky said on Friday’s earnings call with...
REITs look forward to stabilizing growing portfolios in coming decade
By
Kathleen Steele Gaivin
Jun 09, 2021
Occupancy rates likely have bottomed out, and growth opportunities are on the rise, according to presenters yesterday at Nareit’s REITweek Investor Conference.
All states must comply with forthcoming COVID vaccine mandate, former OSHA official says
By
Kathleen Steele Gaivin
Oct 29, 2021
Individual states do not have the authority to opt out of the emergency temporary standard on workplace COVID-19 vaccines and testing expected to be released soon by the Department of Labor’s Occupational...
Ziegler predicts ‘fierce headwinds’ continuing into new year
By
Kathleen Steele Gaivin
Jan 09, 2023
“Fierce headwinds” will keep blowing for long-term care providers in 2023, according to specialty investment bank Ziegler. Inflationary pressures and workforce challenges are still in play, but reasons...
What the inflation rate increase to 8.5 percent means to senior living
By
Kathleen Steele Gaivin
Apr 14, 2022
The inflation rate is higher than it’s been in almost 40 years, and the consumer price index increased 1.2% in March on a seasonally adjusted basis after rising 0.8% in February, the Bureau of Labor...
Motley Fool: Omega’s SNF-focused portfolio may buffer it from pandemic fallout — or will it?
By
Amy Novotney
Apr 24, 2020
Historically, investors have often viewed independent and assisted living communities — most often paid for out-of-pocket by residents — as safer bets than skilled nursing facilities, which generally...
Long-term care, home care rehab directors, physical therapists see modest salary increases
By
Kathleen Steele Gaivin
Oct 06, 2022
Director of rehabilitation salaries increased 4.22% year-over-year in the long-term care sector and 3.52% in home health agencies, according to the 16th annual Rehabilitation Salary & Benefits Report released...
Regional Health generates positive free cash flow from continuing operations, despite COVID-19 headwinds
By
Amy Novotney
Apr 05, 2021
Despite some headwinds from COVID-19, executives at Regional Health Properties feel hopeful about the nation’s vaccine efforts and occupancy recovery in the second half of the year, according to the...
With buyers and banks willing to transact based on pre-COVID occupancy, SNFs are selling at record highs:...
By
Amy Novotney
Apr 14, 2021
In his 17-year career in the skilled nursing business, Jason Stroiman, president of Evans Senior Investments, says he’s never seen skilled nursing facilities sell for as high a price as they are selling...