BHI extends $40M line of credit to Northwind Group … Blueprint advises on sale of short-term rehab, assisted living in Houston … Marquis Health Consulting Services completes Phase I of renovation project...
Rate growth slows for SNFs, home care
By
Kathleen Steele Gaivin
Apr 17, 2024
Rates for both nursing home care and home healthcare grew more slowly in March than in February, according to Altarum’s monthly Health Sector Economic Indicators brief, released Tuesday.
Discovery Senior Living launches new management company
By
Kathleen Steele Gaivin
Apr 17, 2024
Bonita Springs, FL-based Discovery Senior Living has launched Discovery Management Group, or DMG, an internal restructuring that integrates existing and newly transitioned nationally branded communities...
SNFs, CCRCs ‘off the pace’ for recruiting, retaining workers: Fitch
By
Kathleen Steele Gaivin
Apr 16, 2024
Skilled nursing facilities and continuing care retirement / life plan communities “are still well off the pace needed to reach a full post-pandemic recovery” in terms of their workforces, according...
68 percent of pre-retirees say they will not be able to retire as planned at 65: survey
By
Kathleen Steele Gaivin
Apr 16, 2024
Sixty-eight percent of workers aged 55 to 65 years participating in a new survey said they are facing the reality that retiring fully or comfortably at 65 is more or less a pipe dream, with 41% planning...
Business briefs, April 16
By
Kathleen Steele Gaivin
Apr 16, 2024
US News Best Senior Living program grows to recognize 1,703 communities in third year … CareTrust REIT awarded ISS ESG ‘prime’ status for 2024 … Woodlands Senior Living earns assisted living...
Actions & Transactions, April 16
By
Kathleen Steele Gaivin
Apr 16, 2024
Unisen Senior Living community in Tampa, FL, files for bankruptcy again … Heritage of Marietta in Marietta, GA, headed for auction … Bascom Group acquires independent living community in Boulder City,...
2024 to be year of ‘extraordinary growth’ for Wellower, CEO says
By
Kathleen Steele Gaivin
Apr 15, 2024
2024 will be a year of “extraordinary growth” for Welltower, CEO Shankh Mitra predicted Friday in an annual report to investors.
$19M in grants available to improve job opportunities for older adults
By
Kathleen Steele Gaivin
Apr 15, 2024
The Department of Labor announced last week the availability of approximately $19 million in grants for current national recipients in the Senior Community Service Employment Program to apply for additional...
2 federal bills look to boost pipeline of healthcare workers
By
Kathleen Steele Gaivin
Apr 12, 2024
Bills introduced in both houses of Congress may bolster the healthcare workforce if they become law.