McKnight’s Women of Distinction awards recognize 52 women at various stages of careers
By
Kathleen Steele Gaivin
May 19, 2021
The first day of the McKnight’s Women of Distinction two-day festivities began yesterday with a roundtable discussion about workforce lessons from the pandemic featuring four McKnight’s Women of Distinction...
Healthcare-related False Claims Act settlements, judgments top $5 billion
By
Kathleen Steele Gaivin
Feb 03, 2022
Healthcare industry-related settlements and judgments from civil cases involving fraud and false claims uncovered by the Department of Justice in the fiscal year ending Sept. 30, 2021, topped $5 billion,...
Revel launches program allowing residents to live seasonally at another community
By
Kathleen Steele Gaivin
Aug 09, 2021
Scottsdale, AZ-based Revel Communities has unveiled a program that will enable residents to explore new places by allowing them to rent fully furnished, short-term rental homes across the brand’s portfolio...
Operating margins, other cash flow ratios fall to levels ‘not seen in a decade, if ever’: analysis
By
Kathleen Steele Gaivin
Oct 18, 2021
Profitability and cash flow have declined significantly for both single-site and multi-site long-term care providers over the past year, according to median measures reported in the recently released 2021...
COVID-19 booster compliance among long-term care workers remains low
By
Kathleen Steele Gaivin
Apr 15, 2022
New Jersey Gov. Phil Murphy (D) this week clarified that long-term care and other healthcare workers in the state satisfy the state’s vaccination requirements once they obtain one booster dose of a COVID-19...
Revenues up, net income down this year: National HealthCare Corp.
By
Kathleen Steele Gaivin
May 09, 2022
First-quarter 2022 net operating revenues and grant income totaled almost $2.8 million, compared with more than $2.5 million for the first quarter of 2021, for a year-over-year increase of 11.2%, Murfreesboro,...
Publicly traded nursing homes see little financial effect from pandemic: study
By
Kathleen Steele Gaivin
May 26, 2021
The COVID-19 pandemic has not resulted in the forecast financial damage for the long-term care industry, according to data reviewed in a study published in the Journal of the American Geriatrics.
Listening forums will address first-hand effects of M&As in healthcare, other industries
By
Kathleen Steele Gaivin
Mar 21, 2022
The Department of Justice and Federal Trade Commission announced plans Thursday to host a series of listening forums to hear from those who have experienced firsthand the effects of mergers and acquisitions.
Ending state of emergency won’t change staffing needs, provider group says
By
Kathleen Steele Gaivin
Sep 22, 2022
ency on Oct. 31, long-term care staffing needs have not abated, and lifting the order could affect regulations that have permitted additional flexibility in staffing. That’s according to the Washington...
Long-term care eligible for cut of $2M in workforce development grants
By
Kathleen Steele Gaivin
Jul 08, 2022
Wisconsin’s senior living and care operators are eligible to receive their share of the state’s $2 million grants from the Department of Workforce Development.