Nursing home sales, closures, halts to admissions come as staffing shortages continue
By
Kathleen Steele Gaivin
Sep 12, 2022
As staffing shortages continue to plague nursing homes, sales, closures and admissions stoppages are becoming more frequent, according to respondents to a survey by the Long-Term Care Imperative, a collaboration...
CCRC demand remains robust: Fitch
By
Kathleen Steele Gaivin
Sep 09, 2022
Favorable demographic trends, with more Americans reaching retirement age, the ability to absorb cost inflation and good access to capital markets, will keep the continuing care retirement / life plan...
HCBS direct care workforce growth outpaces assisted living, nursing home workforce growth
By
Kathleen Steele Gaivin
Sep 08, 2022
The direct care workforce has added 1.5 million new jobs, going from 3.2 million to 4.7 million, over the past decade, according to a new report by PHI. Home- and community based services direct care workforce...
SNF occupancy declines slightly after 4 months of increases: NIC
By
Kathleen Steele Gaivin
Sep 07, 2022
After four months of increases, skilled nursing occupancy declined slightly in June, according to the latest Skilled Nursing Monthly Report from the National Investment Center for Seniors Housing & Care.
Provider shares ‘telewellness playbook’ to address resident mental health
By
Kimberly Bonvissuto
Aug 26, 2022
As resident mental health and well-being top the list of challenges for affordable senior housing providers, one operator is sharing its playbook on a successful telewellness program.
Business briefs, Aug. 26
By
Kathleen Steele Gaivin
Aug 26, 2022
Inflation Reduction Act provides $25B for affordable housing … Amazon pulling plug on Amazon Care … Fitch Ratings affirms Friends Homes at BBB-; outlook stable … Bright Star acquires eight franchises...
Affiliations, acquisitions part of growth strategy for a third of operators: Ziegler
By
Kimberly Bonvissuto
Aug 25, 2022
Affiliations and acquisitions are top of mind for senior living and care executives contemplating growth strategies for the next two years, according to the results of the latest Ziegler CFO Hotline survey.
Senior living, skilled nursing lead the way in healthcare bankruptcy filings
By
Kimberly Bonvissuto
Aug 24, 2022
Healthcare bankruptcy filings are up 25% this year overall, with the senior care sector — including senior living and skilled nursing — leading the way, according to the results of a new survey by...
5-star SNF cites staffing issues in closure notice
By
Kathleen Steele Gaivin
Aug 19, 2022
Citing staffing and other issues, Clairemont Healthcare & Wellness Center LLC, doing business as Abby Gardens Healthcare Center, plans to close by the end of the year. The San Diego skilled nursing facility...
How will new federal legislation cut drug costs?
Aug 12, 2022
Under the law, Medicare will now be allowed to negotiate the cost of some drugs, and vaccines will be free for Part D recipients.