Motley Fool: Omega’s SNF-focused portfolio may buffer it from pandemic fallout — or will it?
By
Amy Novotney
Apr 24, 2020
Historically, investors have often viewed independent and assisted living communities — most often paid for out-of-pocket by residents — as safer bets than skilled nursing facilities, which generally...
Aegis, Blue Moon launch second joint venture to acquire 10-community, $350M senior living portfolio from...
By
Amy Novotney
Jan 13, 2021
Aegis Living and senior housing private equity investor Blue Moon Capital Partners entered a second joint venture Tuesday with the acquisition of 10 communities across California, Washington and Nevada...
Nursing home staff turnover up 25 percent from last year: survey
By
Kathleen Steele Gaivin
Aug 01, 2022
The national nursing home staff turnover rate for all employees is up 25% from last year. That’s according to findings included in the 45th annual Nursing Home Salary & Benefits Report released Thursday...
Post-COVID changes in design and operations likely to affect profitability and returns for some time:...
By
Amy Novotney
Mar 23, 2021
Even as census rate declines within senior living communities begin to slow as a result of vaccine rollouts and COVID-19 case declines within the sector, some experts say headwinds are expected to continue...
Seniors housing municipal bonds under distress due to COVID-19 costs
By
Amy Novotney
May 29, 2020
The coronavirus is pushing more continuing care retirement communities into financial upheaval and putting pressure on the municipal bonds that financed them, according to an article Wednesday in Bloomberg...
Ensign Group has another record quarter, despite ongoing pandemic
By
Amy Novotney
Feb 05, 2021
The Ensign Group announced record operating results for the fourth quarter, reporting diluted earnings per share of 82 cents and $3.06 for the quarter and year, respectively.
Senior living needs ‘substantial and immediate financial relief’ from COVID-19, leaders tell federal...
By
Lois A. Bowers
Jul 21, 2020
Senior living operators require “substantial and immediate financial relief” from expenses related to the COVID-19 pandemic, the leaders of four major associations representing operators of independent...
CMS to fine SNF operators up to $8,000 if they don’t test all staff for COVID-19
By
James M. Berklan
Aug 27, 2020
Nursing home operators could face fines of up to $8,000 if they don’t comply with new federal regulations that mandate they test all staff members for COVID-19.
SBA issues new guidance on PPP loan forgiveness
By
Amy Novotney
Jun 28, 2020
The Small Business Administration has issued new interim final rules for the Paycheck Protection Program Flexibility Act in an attempt to make complete loan forgiveness attainable for most borrowers.
Pandemic-related fiscal woes to continue: report
By
Amy Novotney
Aug 27, 2020
The healthcare industry — and senior housing in particular — will see continued distress as a result of the COVID-19 pandemic, according to a report released Wednesday by Polsinelli, a law firm.