Recapitalization to fund expansion of Discovery Senior Living’s portfolio
By
Kathleen Steele Gaivin
Oct 14, 2022
Funds advised by Lee Equity Partners and Coastwood Senior Housing Partners have signed an agreement to invest in Bonita Springs, FL-based Discovery Senior Living. The recapitalization will fund Discovery’s...
‘Aggressive’ rate increases needed in long-term care: ESI
By
Kathleen Steele Gaivin
Oct 13, 2022
Due to increased debt costs and other inflationary pressures, rate increases in long-term care are inevitable, Evans Senior Investments Director Kris Lowes said Wednesday. He called for operators to “aggressively...
People in the news, Oct. 11
Oct 11, 2022
Appointments and promotions and other news at 12 Oaks Senior Living, American College of Health Care Administrators, Bridge Housing, Buckner Retirement Services, Cornwall Manor, Healthpeak, Juniper Communities,...
As ‘unprecedented’ crisis continues, workforce issues top 5 priorities for NCAL, executive director...
By
Kimberly Bonvissuto
Oct 10, 2022
NASHVILLE, TN — As assisted living providers continue to experience an “unprecedented workforce crisis right now,” the issue tops the list of five priorities for the National Center for Assisted...
Brookdale Senior Living may be exploring potential sale
By
Kimberly Bonvissuto
Oct 07, 2022
Brookdale Senior Living, the nation’s largest senior living operators, is exploring options — including a potential sale — according to a published report.
Senior living, led by assisted living, sees strong occupancy rate gains in third quarter
By
Kimberly Bonvissuto
Oct 07, 2022
Senior living, independent living and assisted living combined, is experiencing its highest occupancy increases since before the COVID-19 pandemic, with the number of occupied assisted living units rising...
Assisted living demand reaches ‘highest level ever’: NIC
By
Kathleen Steele Gaivin
Oct 07, 2022
The number of occupied units in assisted living is at its highest level ever, according to the National Investment Center for Seniors Housing & Care. The organization released quarterly data on Thursday.
Long-term care, home care rehab directors, physical therapists see modest salary increases
By
Kathleen Steele Gaivin
Oct 06, 2022
Director of rehabilitation salaries increased 4.22% year-over-year in the long-term care sector and 3.52% in home health agencies, according to the 16th annual Rehabilitation Salary & Benefits Report released...
House Republicans: Anticipated OSHA COVID-19 rule is ‘height of foolishness’
By
Kathleen Steele Gaivin
Oct 05, 2022
The Occupational Safety and Health Administration’s anticipated COVID-19 rule for healthcare workers is the “height of foolishness,” two Republican members of the House of Representatives told OSHA...
Skilled nursing occupancy hovering around 78 percent
By
Kathleen Steele Gaivin
Oct 03, 2022
Skilled nursing occupancy for July was 78.1%, virtually unchanged from the previous five months, according to a report released last week by the NIC MAP Data Service.