Department of Labor announces virus-related liability protections in light of executive order
By
Amy Novotney
Apr 29, 2020
In a move that may provide leverage in the battle for legal immunity for long-term care providers, the Department of Labor released a statement Tuesday providing some liability protections for meat industry...
Legislation would require life plan community transparency
By
Kathleen Steele Gaivin
May 18, 2021
Proposed legislation in New Mexico would require life plan community operators to be more upfront with investors about community finances.
Commercial real estate leaders say they’ll have plenty of access to capital in 2021
By
Kimberly Marselas
Mar 29, 2021
Commercial real estate investors are confident they’ll be able to get the cash needed to close deals in 2021, according to a recent poll by an investment management software company. Among 142 senior...
Stimulus grants helping Diversicare and NHC withstand pandemic’s decreased revenue and significant...
By
Amy Novotney
Aug 07, 2020
Brentwood, TN-based Diversicare felt the impact of COVID-19 “in a very real way” in the second quarter, recording more than 2,500 positive cases in patients, residents and staff, affecting 56 of the...
‘Out-of-favor’ asset classes gaining interest among investors
By
Kathleen Steele Gaivin
Jun 14, 2022
Gaining renewed focus are “out-of-favor” asset classes for which a catalyst exists that can turn them into “in-favor” asset classes, Dan Gorczycki, managing director of TrueRate Services, wrote...
Sabra Health Care REIT to reduce SNF exposure, diversify portfolio
By
Kathleen Steele Gaivin
May 06, 2022
Irvine, CA-based Sabra Health Care REIT is focusing on diversifying its portfolio this year, including reducing its skilled nursing facility exposure, CEO, President and Chair Rick Matros said on Thursday’s...
COVID-19 public health emergency extended again
By
Lois A. Bowers
Jul 15, 2022
The federal public health emergency related to COVID-19 was renewed Friday “[a]s a result of the continued consequences” of the pandemic, the Department of Health and Human Services announced Friday.
Long-term care management company ordered to pay $3 million in back pay to 3,024 workers
By
Kathleen Steele Gaivin
May 25, 2022
A company managing long-term care facilities in four states will pay almost $3 million in back overtime pay to 3,024 workers across 84 locations, the Department of Labor’s Wage and Hour Division announced...
Investors re-evaluate parameters of financial performance post-pandemic: NIC Leadership Huddle
By
Kathleen Steele Gaivin
Jun 17, 2021
Equity and debt partners are looking a little differently at the relationships among revenues, expenses and returns than they did before the pandemic, according to panelists at yesterday’s Leadership...
SEC rescinds Trump-era shareholder proxy rules
By
Kathleen Steele Gaivin
Jul 18, 2022
The Securities and Exchange Commission voted Wednesday to rescind rules governing proxy voting advice put into practice in November 2020.