Senior living occupancy rose 0.6 percentage points in second quarter: NIC
By
Kathleen Steele Gaivin
Aug 02, 2023
Senior living occupancy (independent living and assisted living) rose 0.6 percentage points to 83.7% from the first quarter to the end of the second quarter. That’s according to the analytics research...
Older workers’ on-the-job injuries most expensive: report
By
Kathleen Steele Gaivin
Jul 26, 2023
Workers aged 60 or more years are injured less often on the job than workers in most other age groups, but their injuries cost the most to treat. That’s according to a report from insurance company Travelers.
Long-term care sees record-level M&A activity
By
Kathleen Steele Gaivin
Jul 21, 2023
Halfway through the year, the long-term care sector “continue[s] to see record-level activity and organizations exploring the benefits of a potential affiliation with another not-for-profit, as well...
Welltower makes ‘transformational strides’ in ESG initiatives: report
By
Kathleen Steele Gaivin
Jul 21, 2023
Toledo, OH-based Welltower experienced a year of “significant achievement” across many environmental, social and governance categories, according to the real estate investment trust’s annual ESG...
K4Connect raises $8.9M from investors in latest funding round
By
Kathleen Steele Gaivin
Jul 17, 2023
Morrisville, NC-based K4Connect has raised $8.9 million from 14 investors, according to a Thursday filing with the Securities and Exchange Commiss
Healthpeak reduces carbon footprint by 4 percent
By
Kathleen Steele Gaivin
Jun 22, 2023
Denver-based real estate investment trust Healthpeak Properties reduced greenhouse gas emissions by 4% in 2022, for an overall decrease of 43% over the past 12 years, on a like-for-like basis. That’s...
Birchwood closes first round for $100 million 5V+ Seniors Healthcare Fund
By
Kathleen Steele Gaivin
Jun 16, 2023
Chicago-based healthcare fund management firm Birchwood Healthcare Partners has completed the initial closing of its 5V+ Seniors Healthcare Fund, the company announced Thursday.
Long-term care adds 9,000 jobs in May, Labor Department says
By
Kathleen Steele Gaivin
Jun 05, 2023
Nursing and residential care facilities added 9,000 jobs in May, according to employment data released Friday by the Department of Labor’s Bureau of Labor Statistics.
Americans are facing a “new retirement reality” brought on by economic challenges such as inflation, market volatility, financial crises and fears of bank failures, according to a recently released...
Health services, education sector loses 29,000 jobs in May
By
Kathleen Steele Gaivin
Jun 02, 2023
Private-sector employment added 278,000 jobs last month, but the health services and education sector lost 29,000 jobs. That’s according to the May ADP National Employment Report produced by the ADP...