Medicare beneficiaries can appeal gap in nursing home coverage, court rules
By
Kathleen Steele Gaivin
Jan 31, 2022
Thursday ruling from a three-judge appellate federal court in Connecticut paves the way for hundreds of thousands of Medicare beneficiaries to appeal non-coverage of nursing home care after hospital stays.
Baptist Senior Services starts 2022 with new name, new leader
By
Kathleen Steele Gaivin
Jan 27, 2022
Pittsburgh-area Baptist Senior Services is now Baptist Senior Family. Along with the name change, the senior living and care provider has a new president and CEO at the helm.
A Place for Mom raises $175M in growth equity funding
By
Kathleen Steele Gaivin
Jan 26, 2022
New York-based A Place for Mom has raised $175 million in growth equity funding, the company reported Monday.
Business briefs, Jan. 26
By
Kathleen Steele Gaivin
Jan 26, 2022
Fitch Ratings affirms CareTrust REIT at BB+; outlook stable … Senior living’s new models promote inclusion, purpose … Herzing University’s online MSN program earns national recognition … BayWoods...
FTC, DOJ launch public inquiry into illegal mergers
By
Kathleen Steele Gaivin
Jan 21, 2022
The Federal Trade Commission and the Justice Department’s Antitrust Division launched a joint public inquiry Tuesday aimed at modernizing federal merger guidelines to better prevent illegal, anticompetitive...
EEOC, DOL launch program to broaden inclusion strategies, remove hiring barriers
By
Kathleen Steele Gaivin
Jan 21, 2022
A new federal initiative, launched by the Equal Employment Opportunity Commission and the Department of Labor’s Office of Federal Contract Compliance Programs, is meant to advance equal employment opportunities...
Skilled nursing operators should ‘embrace the change’ precipitated by pandemic challenges: Ziegler
By
Kathleen Steele Gaivin
Jan 18, 2022
The pandemic shows no signs of going away any time soon, but companies still must focus on strategic goals in 2022, according to specialty investment bank Ziegler.
Hines looks to raise $1B for fund targeting senior living and other property types
By
Kathleen Steele Gaivin
Jan 13, 2022
Houston-based international real estate firm Hines announced Monday the launch of its flagship tactical fund series in the United States. The fund is looking to raise $1 billion in equity, with a purchasing...
Business briefs, Jan. 12
By
Kathleen Steele Gaivin
Jan 12, 2022
$80.5 million grant meant to help providers address lingering pandemic effects … Publicly traded REITs delivered greater than 40% increase in returns in 2021 … Luminaut acquires Rowland Design to expand...
In absence of Supreme Court ruling, work toward compliance with OSHA rule, experts advise
By
Kathleen Steele Gaivin
Jan 11, 2022
With the Occupational Safety and Health Administration withdrawing part of its COVID-19 healthcare emergency temporary standard, the agency’s vaccination-and-testing mandate for employers with 100 or...