Coldwell Banker brokers $33.7M sale of active adult community in Huntington Park, CA … MorningStar Senior Living celebrates grand opening of Old Town community in Fort Collins, CO … TMG arranges sale...
Spending on nursing homes, home care slows year over year
By
Kathleen Steele Gaivin
Jun 27, 2024
Between May 2023 and May 2024, overall healthcare costs grew by 3.4%, the fastest increase seen since December 2007, according to Altarum’s monthly Health Sector Economic Indicators brief, released Wednesday.
Jobs Corps program extended through Sept. 30, receives $1.76 billion in funding
By
Kathleen Steele Gaivin
Mar 26, 2024
Congress awarded the Job Corps program $1.76 billion in funding through Sept. 30 as part of the $1.2 trillion package approved Saturday. This maintains the program’s fiscal 2023 funding level, according...
Eleventh hour spending bill includes $117 billion for HHS
By
Kathleen Steele Gaivin
Mar 26, 2024
A $1.2 trillion spending bill approved by the Senate early Saturday morning includes $117 billion for Department of Health and Human Services operations. This sum allocates $4.1 billion for the administrative...
Actions & Transactions, July 18
By
Kathleen Steele Gaivin
Jul 18, 2024
Capital Funding Group closes $23.6 million for refinancing of Delaware SNF … Carnegie at Washingtonian Center, a Kisco Signature community, begins business operations ahead of grand opening … Kaiser...
Bill aims to override Supreme Court decision on Chevron deference
By
Kathleen Steele Gaivin
Jul 24, 2024
Legislation introduced Tuesday in the Senate would override the Supreme Court’s recent decision in Loper Bright Enterprises v. Raimondo to overturn the so-called Chevron doctrine, which held that...
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...
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...
Business briefs, July 15
By
Kathleen Steele Gaivin
Jul 15, 2024
Senior living sees overall occupancy increase for 12th quarter in a row … $5M program puts CNAs at center of expanded geriatric care network …Morning Pointe of Hardin Valley earns deficiency-free state...
Actions & Transactions, June 28
By
Kathleen Steele Gaivin
Jun 28, 2024
Tutera, Shelbourne hold cut ribbon for $55M senior living community in Chesterfield, MO … Pinnacle Living, Spring Arbor Senior Living transition 2 communities to Pinnacle … Berkadia negotiates sale...