Two-thirds of Americans support raising minimum wage to $15 an hour
By
Amy Novotney
Mar 17, 2021
More than 80% of Americans believe that the federal minimum wage of $7.25 an hour is too low, and approximately two-thirds say they support raising it to $15 an hour, according to a survey published Tuesday...
Omega acquires tech firm Connected Living to help residents stay connected
By
Amy Novotney
Mar 09, 2021
Omega Healthcare Investors on Friday announced the acquisition of a technology company to help residents at its seniors living and care tenants stay connected with their families through digital devices.
Industry veterans launch new senior living firm while Transforming Age, SHAG form affiliation targeting...
By
Amy Novotney
Feb 25, 2021
Former Welbrook Senior Living executive Douglas Brawn has launched a new senior living company, Alta Senior Living. The vertically integrated senior living real estate investment, development and operations...
Mounting rent deferrals leave analysts concerned about NHI’s recovery
By
Amy Novotney
Feb 24, 2021
Weakened rent collection in the fourth quarter has led some analysts to express concerns about how quickly National Health Investors will be able to recover from the COVID-19 pandemic. Yet executives at...
Nursing home industry expected to lose $94B over a 2-year period: AHCA
By
Amy Novotney
Feb 10, 2021
The skilled nursing sector is set to lose $94 billion over the two-year period of 2020 and 2021 as a result of ongoing COVID-19 costs and projected losses. That’s according to a new analysis released...
Health department admonishes senior living company for marketing early vaccines to prospects
By
Amy Novotney
Feb 09, 2021
In an effort to attract prospective residents and fill vacant units amid the ongoing COVID-19 pandemic, some senior living operators have been adding vaccine access to their marketing toolbox. A handful...
Almost a fourth of SNFs reported staff shortages by end of 2020: report
By
Amy Novotney
Feb 01, 2021
The number of skilled nursing facilities reporting a shortage or nurses, aides or doctors increased dramatically last year, according to an analysis of government data released last week by the U.S. PIRG...
Pandemic deal-making has led to out-of-the-box financing strategies, investment group says
By
Amy Novotney
Feb 01, 2021
Closing transactions amid the COVID-19 pandemic has required some innovative financing strategies to create operational cash flow for senior living and care organizations, according to a white paper released...
Ongoing concerns over pandemic recovery leads to NHI, Omega, Sabra downgrades from Mizuho
By
Amy Novotney
Jan 14, 2021
An analysis released Wednesday from investment banking firm Mizuho Securities USA includes a downgrade of real estate investment trust National Health Investors to “underperform” from “neutral.”...
Federal law no longer requires employers to provide paid leave to employees affected by COVID-19
By
Amy Novotney
Jan 06, 2021
Provisions of the Families First Coronavirus Response Act, which became law in April and mandated the paid sick leave and Family and Medical Leave Act leave for eligible employees affected by COVID-19,...