Six Senate Democrats this week introduced the Nursing Home Improvement and Accountability Act of 2021, which offers more funding for facilities in exchange for industry reforms.
Actions & Transactions, Aug. 12
By
Kathleen Steele Gaivin
Aug 12, 2021
Lument closes $22.8M bond placement for construction of senior housing community in South Carolina … Cambridge Realty Capital Companies provides $12.96 HUD lean refinancing loan to refinance Alden Village...
Biden administration could withhold funds from long-term care providers to encourage worker vaccination
By
Kathleen Steele Gaivin
Aug 09, 2021
Biden administration officials are considering withholding funds from long-term-care providers that they say aren’t doing enough to encourage employee vaccinations, according to unnamed sources quoted...
Earnings calls wrap-up
By
Kathleen Steele Gaivin
Aug 06, 2021
The flurry of second-quarter earnings calls continued Thursday with updates from Sabra Health Care REIT, Five Star Senior Living and Diversified Healthcare Trust.
Business briefs, July 30
By
Kathleen Steele Gaivin
Jul 30, 2021
AHCA/NCAL backs mandatory COVID-19 vaccination for long-term care workers … Bipartisan bill would extend Provider Relief Fund spending deadline … Mississippi State Medical Association calls for vaccine...
Brookdale CEO shares advice to other women on becoming a CEO
By
Kathleen Steele Gaivin
Jul 29, 2021
Working hard and building networks are primary tools to success, according to Brookdale Senior Living CEO Lucinda “Cindy” Baier.
Housing costs a burden long-term care workers, residents: experts
By
Kathleen Steele Gaivin
Jul 15, 2021
A chasm exists between personal care aides’ and nursing assistants’ earned wage and their housing wage, and the shortage of affordable housing for older adults is even worse, according to a new report...
Temporary inflation could hit senior housing market in wake of economy reboot
By
Kathleen Steele Gaivin
Jul 13, 2021
A temporary uptick in inflation could loom on the horizon, affecting the senior living market, according to a new report from Marcus & Millichap.
Business briefs, July 12
By
Kathleen Steele Gaivin
Jul 12, 2021
Man arrested in assassination of Haiti’s president has ties to U.S. senior living industry … Fitch rates The Mayflower revenue bonds at BB+; outlook is stable … S&P Global Ratings downgrades...