UPDATED: AlerisLife to be acquired for $44 million
By
Lois A. Bowers
Feb 03, 2023
AlerisLife is being acquired by ABP Acquisition 2 LLC for almost $44 million, AlerisLife said Friday in filings with the Securities and Exchange Commission.
Senior housing fundamentals outlook promising for 2023: report
By
Kathleen Steele Gaivin
Feb 03, 2023
Senior housing operating fundamentals regained favorable traction as 2022 unfolded, “following a painful couple of years,” and the trend is expected to continue in 2023. That’s according to the new...
Lease-up pace slowly returning to normal: report
By
Kathleen Steele Gaivin
Feb 03, 2023
The pace of lease-ups and initial move-ins declined in the long-term care during the pandemic era, but the trend is at a pivot point, according to a new report from NIC MAP Vision.
Republicans coming again for healthcare worker vaccine mandate
By
Jessica R. Towhey
Jan 31, 2023
The Republican-controlled US House of Representatives is expected to vote on two bills today that would have significant effects for long-term care providers.
Ruling strikes down vaccination mandate, but industry experts say it won’t help with hiring
By
Kimberly Bonvissuto
Jan 30, 2023
A New York court ruling striking down the state’s COVID-19 vaccination mandate for healthcare workers won’t have much of an impact on senior living providers who continue to face a workforce crisis,...
Feds aim to strengthen immigrant workforce, but do plans go far enough for long-term care?
By
Kathleen Steele Gaivin
Jan 30, 2023
New federal plans to strengthen the country’s immigrant workforce might bring the long-term care sector one step closer to alleviating its workforce shortage. But some wonder whether the plans go far...
Assisted living particularly attractive to investors: JLL
By
Kimberly Bonvissuto
Jan 26, 2023
Investors remain optimistic about senior housing, with many planning to increase their exposure to the sector in 2023 — particularly in assisted living, according to the latest investor survey report...
Private capital represents increasing share of senior housing investment: report
By
Kathleen Steele Gaivin
Jan 26, 2023
Institutional investors are making up a smaller share of senior housing buyers than in years past, according to JLL’s Valuation Advisory group’s sixth annual Seniors Housing Investor Survey and Outlook.
OSHA ponders workplace violence protections for senior living
By
Kimberly Bonvissuto
Jan 24, 2023
A rule to address workplace violence in assisted living communities and some other long-term care and healthcare settings is under consideration by the Occupational Safety and Health Administration.
Senior living operators express optimism over occupancy, staffing: NIC
By
Kimberly Bonvissuto
Jan 20, 2023
Senior living and care executives are expressing optimism that returns to pre-pandemic occupancy levels are close, according to results from the latest survey from the National Investment Center for Seniors...