OSHA’s move to make COVID standards permanent met with skepticism from long-term care industry groups
By
Kathleen Steele Gaivin
Jan 05, 2023
The final version of the Occupational Health and Safety Administration’s rule meant to protect healthcare workers from COVID-19 has reached the White House Office of Management and Budget for review...
Ventas beats earnings expectations, enters new agreement with Holiday; other companies report ongoing...
By
Amy Novotney
May 11, 2020
Chicago-based Ventas reported first-quarter 2020 earnings per share of $1.26 Friday, 91 cents higher than the first quarter of 2019. Net income also exceeded prior-year results, the company noted, mostly...
‘Aggressive’ rate increases needed in long-term care: ESI
By
Kathleen Steele Gaivin
Oct 13, 2022
Due to increased debt costs and other inflationary pressures, rate increases in long-term care are inevitable, Evans Senior Investments Director Kris Lowes said Wednesday. He called for operators to “aggressively...
‘Be vigilant’ in face of OSHA scrutiny related to COVID-19, attorney advises
By
Kathleen Steele Gaivin
Jun 27, 2022
Skilled nursing facility and senior living community operators “should continue to be vigilant” in their COVID-19 mitigation measures even though the Occupational Safety and Health Administration’s...
States, courts take actions that complicate vaccine mandate effects
By
Kathleen Steele Gaivin
Nov 01, 2021
So far, courts across the country—all the way up to the U.S. Supreme Court—have sided with state governments on imposed vaccine requirements. The justices declined Friday to even hear a case challenging...
Earnings calls wrap-up: Invesque, Capital Senior Living
By
Kathleen Steele Gaivin
Nov 12, 2021
Companies focus on portfolio management among costs and labor availability pressures.
Favorable rate, occupancy growth bright spots for CCRCs still battling staffing shortages
By
Kathleen Steele Gaivin
Dec 21, 2023
Favorable rate and occupancy growth are providing some relief to continuing care retirement / life plan communities as they claw their way back from pandemic-related staffing shortages, according to a...
Fed chair expects ‘very strong’ economic growth in the second half of the year
By
Amy Novotney
Apr 13, 2021
Federal Reserve Chair Jerome Powell voiced a note of optimism for business leaders this weekend, saying he expects an economic boom to occur mid-year.
Sabra Health Care REIT to reduce SNF exposure, diversify portfolio
By
Kathleen Steele Gaivin
May 06, 2022
Irvine, CA-based Sabra Health Care REIT is focusing on diversifying its portfolio this year, including reducing its skilled nursing facility exposure, CEO, President and Chair Rick Matros said on Thursday’s...
Restructuring pays off with limited long-term cash flow downside, Omega CEO says
By
Kathleen Steele Gaivin
Aug 03, 2022
Hunt Valley, MD-based Omega Healthcare Investors saw sequential improvement in both adjusted funds from operations and funds available for distribution during the second quarter, CEO Taylor Pickett said...