Biden’s infrastructure plan includes prioritized funding for affordable housing, long-term care
By
Amy Novotney
Apr 01, 2021
President Biden unveiled a $2 trillion, eight-year infrastructure plan on Wednesday with a nod to the needs of older adults and the long-term care industry. The first phase of the president’s American...
Skilled nursing operators will recover by 2022 — without federal help, says ratings agency
By
Amy Novotney
Dec 17, 2020
Although many in the senior care industry have been focusing on the recent surge in COVID-19 deaths and record low skilled nursing occupancy rates, one ratings agency says it’s banking on a full recovery...
Documentation key in avoiding COVID-19 employment and wrongful death lawsuits
By
Amy Novotney
Jan 22, 2021
As of Wednesday, more than 8,000 COVID-19-related complaints have been filed across the United States, according to a national lawsuit tracker by international law firm Hunton Andrews Kurth. Although many...
Welltower, Sabra see meaningful improvement in March occupancy
By
Amy Novotney
Apr 07, 2021
Following a decline in occupancy in early March, real estate investment trust Welltower saw spot occupancy increase in recent weeks, with an approximate gain of 30 basis points (0.3%) since March 12. That’s...
Lawmakers in several states propose bills to ban employers from mandating COVID-19 vaccines
By
Amy Novotney
Mar 10, 2021
Although only a handful of long-term care operators have gone the route of requiring employees to get a COVID-19 vaccine, some state legislators are working to pre-empt those mandates, according to a Washington...
Diversicare anticipates continued COVID-19 costs for 2021 but reports $1M in savings from Reliant deal
By
Amy Novotney
Mar 15, 2021
The COVID-19 pandemic led to an additional $32 million in healthcare-related expenses last year for Diversicare, and the Brentwood, TN-based skilled nursing operator expects 2021 will be another year of...
Healthcare labor union helping unemployed fast-food and hotel workers pursue careers in senior living
By
Amy Novotney
Mar 31, 2021
Last year as the COVID-19 pandemic took hold across the country, requests for certified nursing assistants rose 25% in New York City alone, according to an analysis published last week in the Wall Street...
Actions & Transactions, May 10
By
Amy Novotney
May 10, 2021
Swenson completes San Jose, CA, senior housing project … Ryan Companies, Grand Living, Castletop Capital partnering to develop, design-build, own and operate new upscale senior living community in Austin,...
Actions & Transactions, April 27
By
Amy Novotney
Apr 27, 2021
Spectrum Health to open 130-unit long-term care center in Grand Rapids, MI … The Palace Group opens new luxury senior living community in Weston, FL … Legacies Village breaks ground on new independent...
Latitude Margaritaville to get weeklong exposure on ‘Wheel of Fortune’
By
Amy Novotney
Apr 26, 2021
Latitude Margaritaville, the active adult communities by developer Minto Communities and lifestyle brand Margaritaville Holdings, again will receive national TV exposure all this week when the “Wheel...