Navigating turbulent waters: Shoring up against financial distress and M&A
By
Raoul Nowitz
Jul 25, 2024
The challenges facing senior living will translate into an increase in mergers and acquisitions.
Home care spending outpaces nursing home spending ‘by far’
By
Kathleen Steele Gaivin
Jul 19, 2024
Spending on healthcare goods and services grew by 8.3% between May 2023 and May 2024, according to the latest monthly Health Sector Economics brief from Altarum, released Thursday.
State budget has ‘positive steps’ but does not do enough for providers, residents, groups say
By
Lois A. Bowers
Jul 22, 2024
Senior living industry advocates in Pennsylvania say they are encouraged by steps to support older adults evident in the recently passed state budget, but they say much more needs to be done to support...
Welltower upsizes pricing of $900 million of exchangeable senior notes
By
Kathleen Steele Gaivin
Jul 10, 2024
Just a day after announcing a $750 million debt offering, Welltower’s operating company, Welltower OP, upsized the offering to $900 million in 3.125% exchangeable senior notes due in 2029, the Toledo,...
Women undergoing CABG more likely to get care at low-quality hospitals
Jul 29, 2024
More than fourfold higher mortality was seen for women Medicare beneficiaries receiving coronary artery bypass grafting at low-quality hospitals than male beneficiaries at high-quality hospitals.
Two years later, 988 crisis line has answered 10 million requests
Jul 17, 2024
Statistics show the 988 line is needed: A 2022 national survey found that over 12 million adults had seriously considered suicide in the previous year. And almost 1.2 million of 988 calls were answered...
OSHA-proposed rules affecting senior living providers could come by year’s end
By
Kimberly Bonvissuto
Jul 15, 2024
Two proposed federal rules, related to workplace violence in healthcare settings and employee protections from infectious diseases, are expected to be released by year’s end and could affect aging services...
Welltower launches private placement of $750 million in exchangeable senior notes
By
Kathleen Steele Gaivin
Jul 09, 2024
Welltower’s operating company, Welltower OP, has launched an offering of $750 million aggregate principal amount of exchangeable senior notes in a private placement, the real estate investment company...
$19M in grants available to improve job opportunities for older adults
By
Kathleen Steele Gaivin
Apr 15, 2024
The Department of Labor announced last week the availability of approximately $19 million in grants for current national recipients in the Senior Community Service Employment Program to apply for additional...
Study looks to optimize care interactions between assisted living staff, residents for better outcomes
By
Kimberly Bonvissuto
Jul 02, 2024
The Alzheimer’s Association Dementia Care Provider Roundtable has awarded $250,000 in grant funding to Anju Paudel, PhD, RN, at Pennsylvania State University to fund research aimed at optimizing care...