Lawmakers approve broad funding increases for skilled nursing facilities
By
Kathleen Steele Gaivin
Apr 11, 2022
Legislators in Illinois and Minnesota recently have approved broad funding increases for skilled nursing facilities in their states.
Long-term care shows signs of recovery despite inflationary headwinds
By
Kathleen Steele Gaivin
Sep 16, 2022
Despite persistent labor and inflationary headwinds, senior living and skilled nursing are seeing growth in occupancy and rents, according to new reports from Marcus & Millichap released Wednesday.
Diversified Healthcare Trust ‘well positioned’ following Five Star community transitions, RMR CEO...
By
Kathleen Steele Gaivin
Nov 18, 2021
Diversified Healthcare Trust is “well positioned to unlock value and improve performance within its senior living portfolio,” RMR Group President and CEO Adam Portnoy said during the company’s third-quarter...
Long-term care operator transitions TNAs to CNAs in ‘Grand’ style
By
Kathleen Steele Gaivin
Jun 29, 2022
The Valley Stream, NY-based Grand Healthcare nursing and rehabilitation system recently graduated 85 home-grown certified nursing assistant students through its in-house training program.
Labor Department announces $113 million in apprenticeship grants
By
Kathleen Steele Gaivin
Feb 28, 2022
The Department of Labor announced last week that it is offering apprenticeship grant funding totaling $113 million to pay for worker apprenticeship programs, in an effort to bolster its registered apprenticeship...
Welltower to restructure as UPREIT, announces projects with StoryPoint, Related, Atria
By
Kathleen Steele Gaivin
Mar 08, 2022
Toledo, OH-based real estate investment trust Welltower is restructuring to form an umbrella partnership real estate investment trust, or UPREIT, Welltower CEO and Chief Investment Officer Shankh Mitra...
Senior living industry breathes sigh of relief over Provider Relief monies, asks HHS to pay up
By
Kimberly Bonvissuto
Kathleen Steele Gaivin
Aug 12, 2021
With Senate passage of the $1 trillion bipartisan infrastructure deal on Tuesday, the senior living industry is breathing a sigh of relief that Provider Relief Funds emerged unscathed.
Earnings calls wrap-up: Diversified, Five Star, Sabra
By
Kathleen Steele Gaivin
Nov 05, 2021
Significant headwinds challenge senior living, but experts remain optimistic about recovery. Here is a round-up of three earnings calls held Thursday.
SNF operator weathers pandemic worker shortage with ‘culture of care’
By
Kathleen Steele Gaivin
Feb 02, 2022
North Olmsted, OH-based Foundations Health Solutions experienced little pandemic-related staff turnover based on the culture it established before COVID-19 took hold, according to Robert Speelman Jr.,...
Contingent employees could save post-acute care $20 billion in lost revenue this year
By
Kathleen Steele Gaivin
Jun 03, 2022
The post-acute care sector could lose up to $19.5 billion in revenue this year because of lower occupancy rates (which are down 14% since 2020) due to understaffing, predicts a new report.