Senior housing and care lending relatively weak in second quarter: NIC
By
Kathleen Steele Gaivin
Nov 10, 2023
Senior living and care-related lending was relatively weak in the second quarter, likely due to yet another 0.25 percentage point rate increase from the Federal Reserve and significant disruptions among...
Proposed overtime rule is ‘bad policy’ that senior living providers cannot absorb, groups say
By
Kimberly Bonvissuto
Nov 09, 2023
A new overtime rule proposed by the federal government would worsen workforce issues for senior living providers and create unintended consequences for workers and residents, according to industry advocacy...
With a year of ‘solid progress and growth,’ Brookdale says it is prepared to meet demand for senior...
By
Kimberly Bonvissuto
Nov 08, 2023
Upon experiencing another “strong” quarter of growth, Brookdale Senior Living is seeing the positive results of its recovery strategy by focusing on profitable and sustainable growth, executives said...
Former Enlivant communities exceeding expectations under Inspirit management, Sabra Health Care REIT...
By
Lois A. Bowers
Nov 08, 2023
Performance of a group of 11 former Enlivant senior living communities for which management was moved to Inspirit Senior Living on July 6 “has so far exceeded expectations,” with occupancy in September...
FDA approves Voquezna for erosive esophagitis, GERD
Nov 07, 2023
A Phase 3 trial showed noninferiority versus lansoprazole in healing and maintenance phases.
CDC advisers recommend masks in hospitals without naming type
Nov 07, 2023
Healthcare workers are frustrated that the draft recommendation does not specify what kind of mask should be worn.
Organizations looking at mergers, affiliations must ‘get their house in order’
By
Kimberly Bonvissuto
Nov 06, 2023
CHICAGO — With increased state attorneys general scrutiny of business transactions, aging services providers would be best served by “getting their house in order” before contemplating a merger,...
FDA approves Wezlana for multiple inflammatory diseases
Nov 02, 2023
Approval of the biosimilar allows for interchangeable use with Stelara in both adult and pediatric patients
More eye drops recalled due to infection danger
Nov 02, 2023
The new recall affects certain LEADER brand eye drops; the FDA says it found unsanitary conditions in a facility where they are manufactured.
Bill would ban COVID-19 vaccine mandates despite older adults remaining at highest risk for serious outcomes
By
Kimberly Bonvissuto
Nov 02, 2023
A study underscoring the need to continue to protect older adults from COVID-19 comes as one state appears close to banning COVID-19 vaccine mandates by private employers, including senior living communities.