DHC regains compliance with Nasdaq minimum bid price continued listing standard
By
Kathleen Steele Gaivin
Mar 22, 2023
After receiving warning from the Nasdaq stock market in January, Newton, MA-based Diversified Healthcare Trust has boosted its stock price above $1 per share and no longer faces delisting.
‘Ambiguous’ False Claims Act standard expected to be clarified by Supreme Court
By
Kathleen Steele Gaivin
Apr 25, 2023
A Supreme Court decision expected in June could give providers the necessary tools to protect themselves from unwarranted accusations of making fraudulent claims under that False Claims Act.
Skilled nursing occupancy declines after two months of increases
By
Kathleen Steele Gaivin
Dec 05, 2022
After two months of increases, skilled nursing occupancy declined 40 basis points to 78.4% from August to September, according to the latest Skilled Nursing Monthly Report released by the National Investment...
Business briefs, April 27
By
Kathleen Steele Gaivin
Apr 27, 2023
Senate committee advances labor secretary nominee … Humana calls out modest growth of CenterWell in Q1 … Labor Department to host webinar May 4 for home care workers, others about rights under FLSA...
Healthcare data breach affects more than 4.2 million people
By
Kathleen Steele Gaivin
Mar 20, 2023
More than 4.2 million people were affected by a July 2022 healthcare data breach at Independent Living Systems, the Miami-based vendor of clinical and third-party administrative services to managed care...
Actions & Transactions, Dec. 11
By
Kathleen Steele Gaivin
Dec 11, 2023
Kisco Senior Living enters Boston market with signature retirement community in Brookline … Affordable senior housing breaks ground in Memphis, TN … Lincoln, MA, voters approve expansion of independent...
Nursing care has fastest-growing prices of healthcare sectors
By
Kathleen Steele Gaivin
Jul 20, 2023
Prices for nursing home care grew the fastest in June among the major healthcare categories, at 6.2%. Prices for home healthcare increased by 4.4%.
Senior housing and care lending relatively weak in second quarter: NIC
By
Kathleen Steele Gaivin
Nov 10, 2023
Senior living and care-related lending was relatively weak in the second quarter, likely due to yet another 0.25 percentage point rate increase from the Federal Reserve and significant disruptions among...
OSHA’s move to make COVID standards permanent met with skepticism from long-term care industry groups
By
Kathleen Steele Gaivin
Jan 05, 2023
The final version of the Occupational Health and Safety Administration’s rule meant to protect healthcare workers from COVID-19 has reached the White House Office of Management and Budget for review...
Welltower stock falls sharply following report claiming ‘shell game’ tactics
By
Kathleen Steele Gaivin
Dec 09, 2022
Toldeo, OH-based Welltower stock dropped by 6% to 8% Wednesday after Hindenburg Research released a report calling a joint venture partnership between the real estate investment trust and New York-based...