House Democrats unveiled a $2.2 trillion COVID-19 relief bill late Monday, in an attempt to break the impasse on negotiations before the election. The latest version of the Health and Economic Recovery...
Workers looking to employers for cost-of-living help: survey
By
Kathleen Steele Gaivin
Dec 08, 2022
Workers worldwide are looking for financial help to offset cost-of-living increases in difficult economic times. That’s according to the results of the Randstad Q4 Workmonitor Pulse survey of 7,000 workers...
Seniors housing and care M&A activity drops 39% in the first quarter
By
Amy Novotney
Apr 15, 2021
After a strong fourth quarter, merger and acquisition activity within the senior housing and care industries dropped precipitously to 77 deals in the first quarter of this year, according to data released...
Inflation, staffing pose pressures for not-for-profit life plan communities: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 29, 2022
The not-for-profit continuing care / life plan communities sector has “broadly recovered” from pandemic stressors, but challenges lie ahead. That’s according to a new report from Fitch Ratings.
Florida’s first LGBTQ+-centric assisted living community opens
By
Kathleen Steele Gaivin
Aug 17, 2023
The first assisted living community in Florida for lesbian, gay, bisexual and transgender older adults opened last month and welcomed its first resident. The Connie House ALF (TCH) in Boynton Beach, FL,...
Consumers prefer home care, but nursing homes may better accommodate care coordination, socioeconomic...
By
Adam Healy
May 01, 2024
Not surprisingly, consumers overwhelmingly prefer home-based care to facility-based care. Difficulties coordinating caregivers or preexisting socioeconomic challenges, however, can lead some people to...
Sentara Healthcare joins list of firms exiting sector
By
Amy Novotney
Aug 19, 2020
Virginia-based Sentara Healthcare is selling all seven of its skilled nursing and senior living communities to Saber Health Group, an Ohio-based senior living and care organization with more than 120 facilities...
Healthpeak Properties announced Monday that it has closed a new $3 billion senior unsecured revolving credit facility, which increases Healthpeak’s total revolving commitments from $2.5 billion to $3...
Coronavirus forcing investors to realize seniors housing is not just a real estate play
By
Amy Novotney
May 14, 2020
After years spent viewing seniors housing as a potential cash cow given the graying of the baby boomer generation, the coronavirus pandemic is forcing investors in the sector to recognize that they are...
Bill aims to privatize annual nursing home, assisted living inspections
By
Kathleen Steele Gaivin
Feb 08, 2023
Proposed legislation before the Arizona Legislature, if passed, would privatize annual inspections of skilled nursing facilities and assisted living communities by creating a third-party entity to make...