Earnings calls wrap-up: Brookdale, NHI, Pennant Group
By
Kathleen Steele Gaivin
Aug 10, 2022
Second-quarter earnings calls continued Tuesday with updates from Brookdale Senior Living, National Health Investors and the Pennant Group.
$25 million in COVID-19 payments will support 211 long-term care organizations
By
Lois A. Bowers
Aug 08, 2022
One-time payments totaling $25 million will be issued to 211 long-term care organizations in Maine to help them recover from the pandemic, Gov. Janet Mills (D) announced Thursday.
Earnings call roundup: Ventas, CareTrust REIT, National HealthCare Corp.
By
Lois A. Bowers
Aug 08, 2022
CareTrust REIT, National HealthCare Corp. and Ventas held second-quarter earnings calls or released earnings reports on Friday.
Second-quarter earnings calls continued Thursday with updates from Sabra Health Care REIT, AlerisLife and Diversified Healthcare REIT.
Healthcare employers more likely than those in other industries to shrink workforce: survey
By
Kathleen Steele Gaivin
Jul 29, 2022
More than 40% of employers plan on expanding their workforces this year, but healthcare employers are not among them. That’s according to the results of a recent Fisher Phillips flash survey published...
Unemployment claims decreased by 5,000 week to week — first decrease in 4 months
By
Kathleen Steele Gaivin
Jul 29, 2022
New unemployment claims decreased by 5,000 to 256,000 for the week ending July 23. According to the Department of Labor, this was the first week-to-week decrease in four weeks. The number of claims for...
Slow recovery leads to healthcare spending decline for first time in 50+ years
By
Kathleen Steele Gaivin
Jul 28, 2022
For the first time in more than 50 years, inflation-adjusted healthcare spending declined, according to a research brief published Wednesday by research and consulting organization Altarum.
Senior housing investment takes a ‘modest step back’
By
Kathleen Steele Gaivin
Jul 26, 2022
The economic recovery embraced by senior housing investors a year ago is still happening, but it has taken a “modest step back” in the face of increasing costs, inflation and interest rate hikes, Beth...
Operators ‘scrambling’ to get loans closed as interest rate hike looms
By
Kathleen Steele Gaivin
Jul 22, 2022
As the Federal Reserve prepare to raise the interest rate another 75 basis points at a meeting next week, senior housing borrowers are looking to secure loan terms, says Jessica Johnson, manager of Healthcare...
Survey: Only 10 percent of Americans have long-term care coverage
By
Kathleen Steele Gaivin
Jul 21, 2022
Seventy percent of Americans over the age of 65 likely will need long-term care, yet only 10% of them are carrying long-term care coverage, according to the results of a recent survey by the Arctos Foundation...