SNFs to pay $10K more per day to comply with CMS guidance
By
Danielle Brown
Apr 07, 2020
Nursing homes could be forced to spend an additional $10,000 per day on equipment in order to meet the latest federal requirements during the COVID-19 response, according to experts.
Senior housing deals drop to new low in Q3
By
Kimberly Marselas
Oct 13, 2020
Publicly announced acquisitions in the senior housing and care fell to a new low in the third quarter, according to a report.
Washington, DC, becomes latest area to require employers to list salaries in job postings
By
Kathleen Steele Gaivin
Jan 22, 2024
A new law in Washington, DC, requires employers to list salary and hourly wage information in job advertisements, expanding the city’s existing wage transparency laws.
Spending on nursing homes, home care slows year over year
By
Kathleen Steele Gaivin
Jun 27, 2024
Between May 2023 and May 2024, overall healthcare costs grew by 3.4%, the fastest increase seen since December 2007, according to Altarum’s monthly Health Sector Economic Indicators brief, released Wednesday.
‘Nothing less than a crisis’ as 45 percent of SNFs cite serious financial issues in AHCA survey
By
Kathleen Steele Gaivin
Mar 06, 2024
Forty-five percent of skilled nursing facility participants in a new survey said they are “either operating in the red or barely breaking even.”
Sanford Health CEO to leave firm after controversial mask remarks
By
Amy Novotney
Dec 01, 2020
The longtime president and CEO of Good Samaritan parent company Sanford Health has “parted ways” with the healthy system after some dubious remarks he made about mask-wearing amid the COVID-19 pandemic.
25 attorneys general sue Labor Department over ESG rule
By
Kathleen Steele Gaivin
Feb 01, 2023
Twenty-five Republican state attorneys general have filed a lawsuit challenging the Department of Labor’s new rule that allows plan fiduciaries to consider climate change and other environmental, social...
$1 billion record set for mini-perm / bridge loans to senior living: NIC
By
Kathleen Steele Gaivin
May 16, 2022
The issuance of new mini-perm / bridge loans for senior living operators hit a record high of nearly $1 billion in the fourth quarter of 2021, whereas the issuance of permanent senior living loans moderated,...
Federal government offers tools, resources that operators can use to help long-term care residents, families
By
Kathleen Steele Gaivin
Aug 26, 2021
Long-term care providers and their staff members can turn to the Consumer Financial Protection Bureau’s Office for Older Americans for several research and educational resources, Assistant Director Deborah...
Inflation, staffing pose pressures for not-for-profit life plan communities: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 29, 2022
The not-for-profit continuing care / life plan communities sector has “broadly recovered” from pandemic stressors, but challenges lie ahead. That’s according to a new report from Fitch Ratings.