Families headed by someone at or near retirement have more debt than in decades past
By
Kathleen Steele Gaivin
Aug 06, 2024
American families headed by someone just reaching retirement or newly retired are more likely to have debt than similar households in the 1990s. And that debt is a higher amount than debt carried by those...
National Healthcare Corp., Brookdale report second-quarter results
By
Kathleen Steele Gaivin
Aug 12, 2024
Brookdale Senior Living held a second-quarter earnings call Friday morning, and National Healthcare Corp. reported second-quarter financials electronically.
Sonida Senior Living sees occupancy record, acquires 9 communities
By
Kimberly Bonvissuto
Aug 13, 2024
Dallas-based Sonida Senior Living saw the highest occupancy in the history of its same-store portfolio and made “considerable” progress on its other growth initiatives, too, in the second quarter,...
NHC completes acquisition of White Oak Senior Living’s 15-property portfolio
By
Kathleen Steele Gaivin
Aug 08, 2024
National HealthCare Corp. has completed its acquisition of Spartanburg, SC-based White Oak Senior Living’s 15-property portfolio of continuing care retirement communities and nursing homes in North Carolina...
Sabra portfolio gaining momentum heading into second half of year, CEO says
By
Kathleen Steele Gaivin
Aug 09, 2024
Sabra Health Care REITs’s portfolio, particularly in the skilled nursing segment, “has continued to gain momentum as the year has progressed,” CEO and Chair Rick Matros said in prepared remarks released...
Educational, medical debt high among nursing home, home health workers: study
By
Kathleen Steele Gaivin
Jul 29, 2024
Healthcare workers may carry higher educational and medical debt than workers in other professions, and nursing home and home health workers are among those with the highest debt, according to a study...
California Workforce Development Board grants $14M for CNA, LVA apprenticeship program
By
Kathleen Steele Gaivin
Sep 21, 2022
The California Workforce Development Board has granted $14 million to the Center for Caregiver Advancement to launch a statewide certified nurse assistant registered apprenticeship program and to pilot...
Good Samaritan’s pending deal for second portfolio helps it close on midway point of massive reorganization
By
Kimberly Marselas
Jul 29, 2024
Leaders of the Evangelical Lutheran Good Samaritan Society will be on the ground in Arizona, New Mexico and Texas this week, beginning the transition of another dozen long-term care facilities to new operators...
Policies needed to improve direct care workers’ financial situation: report
By
Kathleen Steele Gaivin
Aug 05, 2024
Low wages and high poverty rates for direct care workers sound the alarm for policy efforts to improve conditions in nearly every state, according to a new report from PHI.
Ensign ‘excited’ about acquisitions; Healthpeak CCRCs have ‘pretty good first half’
By
Kathleen Steele Gaivin
Jul 29, 2024
The Ensign Group and Healthpeak Properties detailed second-quarter 2024 earnings results on Friday calls with investors and analysts.