Rates for both nursing home care and home healthcare grew more slowly in March than in February, according to Altarum’s monthly Health Sector Economic Indicators brief, released Tuesday.
68 percent of pre-retirees say they will not be able to retire as planned at 65: survey
By
Kathleen Steele Gaivin
Apr 16, 2024
Sixty-eight percent of workers aged 55 to 65 years participating in a new survey said they are facing the reality that retiring fully or comfortably at 65 is more or less a pipe dream, with 41% planning...
2 federal bills look to boost pipeline of healthcare workers
By
Kathleen Steele Gaivin
Apr 12, 2024
Bills introduced in both houses of Congress may bolster the healthcare workforce if they become law.
American Healthcare REIT board neutral on newest unsolicited mini-tender offer
By
Kathleen Steele Gaivin
Apr 12, 2024
The American Healthcare REIT Board of Directors will remain neutral on an unsolicited mini-tender offer from CMG Partners, the company said Wednesday in a filing with the Securities and Exchange Commission.
Long-term care mergers and acquisitions increase year over year
By
Kathleen Steele Gaivin
Apr 11, 2024
Mergers and acquisitions involving senior living communities and skilled nursing facilities increased by 34% year over year in the first quarter, according to data from LevinPro LTC.
Kansas providers may face fee hike after audit reveals many wrongly paid cut-rate assessments
By
Kathleen Steele Gaivin
Apr 05, 2024
Continuing care retirement communities and nursing homes in Kansas could face additional scrutiny — and in some cases, higher fees — after a recent audit from the Kansas Medicaid inspector general’s...
Living wills not relevant in signing arbitration agreements, court says
By
Kathleen Steele Gaivin
Apr 02, 2024
Being the power of attorney of a living well does not give that person the right to sign arbitration agreements on behalf of the patient, the California Supreme Court ruled last Thursday. The decision...
Business briefs, April 1
By
Kathleen Steele Gaivin
Apr 01, 2024
Higher interest rates mean less access to capital for senior living: NIC … CMS proposes 4.1% nursing homes pay boost … Assisted living rates up 0.6 to 3.8% … American Society on Aging, Next50 launch...
Lutheran Senior Services/Diakon agreement forms one of largest US nonprofit LTC organizations
By
Kathleen Steele Gaivin
Mar 29, 2024
Diakon Senior Living operations and its four continuing care retirement / life plan communities will become part of Lutheran Senior Services under an agreement announced Wednesday that the organizations...
Debt-related efforts among ‘significant performance milestones’ for Sonida, execs say
By
Kathleen Steele Gaivin
Mar 28, 2024
Dallas-based Sonida Senior Living has optimized its balance sheet “through the comprehensive restructuring and modification of our debt,” culminating in a $47.75 million equity private placement that...