High-income seniors twice as likely to be fully vaccinated than lower-income counterparts: survey … CVS Health launches $100M venture capital fund … Economy boasts strong GDP growth of 6.4% in first...
Business briefs, Sept. 19
By
Kathleen Steele Gaivin
Sep 19, 2023
Share of nursing homes able to meet staffing minimum lower than CMS estimate: KFF … NAHB asks DOL to extend commenting deadline for overtime rule … Seniorly launches new estimated pricing model …...
Senior housing construction recovery likely to be slower than most commercial real estate sectors: report
By
Amy Novotney
Mar 05, 2021
After weathering an extremely volatile year, 2021 is expected to bring more stability to the construction industry, but recovery within senior housing is likely to take longer than other sectors as a result...
Actions & Transactions, April 20
By
Kathleen Steele Gaivin
Apr 20, 2023
Vista Prairie at Copperleaf to re-open in Willmar, MN, debut AI-powered care … Sunscape Boca Raton in FL to open May 4 … Retirement community proposed for Davis, CA, energy sustainable community master...
With less-than-expected rent payments, Omega Healthcare Investors faces lower FAD in Q4
By
Kathleen Steele Gaivin
Dec 05, 2023
Two restructured operators of Omega Healthcare Investors paid less contractual rent than owed in November, the Hunt Valley, MD-based real estate investment trust said Monday in an online investor presentation.
Business Briefs, June 15
By
Kathleen Steele Gaivin
Jun 15, 2021
Brookdale President and CEO Cindy Baier discusses post-pandemic business rebound on CNBC’s “Power Lunch”… Fitch Ratings assigns BB+ rating to Mayflower Retirement Center bonds … Local government...
Senior living and care liability insurance rates stabilizing, but decreases not expected any time soon
By
Kathleen Steele Gaivin
May 02, 2023
Owners and operators of senior living and care facilities and communities are expected to see some deceleration in rate increases for liability coverage, according to a recent survey from Willis Towers...
Rates continued to rise for nursing homes but not assisted living as occupancy fell in 2020
By
Kathleen Steele Gaivin
Jun 16, 2021
Skilled nursing operators charged higher rates amid lower occupancy during the pandemic, but assisted living community rates were a reversal of a five-year growth trend, according to the annual Cost of...
LTC workforce has declined nearly 5% since February
By
Amy Novotney
Jun 09, 2020
Employment in nursing homes and other residential care settings fell again in May, but at a lower rate: 37,000 jobs lost versus 117,000 lost in April. That’s according to the latest jobs report from...
New research uncovers racial inequities in home health patients’ health outcomes
By
Adam Healy
Aug 22, 2023
A study found that patients belonging to minority race populations show less functional improvement as a result of home health than white patients