Low wages, burnout, lack of respect spur staffing shortages, CNAs say
By
Kathleen Steele Gaivin
Mar 08, 2022
Certified nursing assistants predominantly blame low wages, burnout and lack of respect for the current staffing shortage, according to the results of a new survey from the National Association of Health...
‘Deep dive’ into staff competencies, daily operations led to facility turnaround, provider says
By
Kathleen Steele Gaivin
Dec 06, 2021
Two years after assuming management of The Willows at Springhurst, formerly named Springhurst Pines Senior Living, Kentucky-based Trilogy Health Services says it has turned a deficiency-riddled campus...
Wisconsin nursing homes are closing at an unprecedented rate
By
Amy Novotney
Jun 09, 2020
Ryan Wernberg has lived in three different Wisconsin-based nursing homes in the past year. The moves haven’t been by choice — they’ve been the result of facility closings, according to an analysis...
Senior living occupancy on track for gain for 5th consecutive quarter
By
Kathleen Steele Gaivin
Sep 12, 2022
Senior living stabilized occupancy is on track for a gain for the fifth consecutive quarter, according to the National Investment Center for Seniors Housing & Care intra-quarterly snapshot released last...
Lifespace Communities aims to get, keep employees with double-digit percentage wage increases
By
Kathleen Steele Gaivin
Dec 02, 2021
With an eye toward recruitment and retention, and maybe even luring some previous employees back, Dallas and West Des Moines, IA-based Lifespace Communities is investing $17 million into wage increases,...
Genesis announces restructuring, voluntarily delists from NYSE
By
Amy Novotney
Mar 04, 2021
Genesis HealthCare will institute a three-part plan to improve its financial metrics and cut debt by $236 million, the company announced Wednesday. The plan includes a voluntary delisting from the New...
Pandemic putting pressure on seniors housing: Marcus & Millichap
By
Amy Novotney
Apr 14, 2020
The senior living industry may be one of the hardest hit by the coronavirus pandemic, yet with operators well suited to manage infectious diseases, and the strength of the seniors housing market prior...
Senior living community rebrands to attract middle-income older adults, adds nursing care
By
Kathleen Steele Gaivin
Jul 21, 2022
A Westland, MI, senior living community that was slated to close last year has found new life with rebranding meant to attract interest from middle-income older adults.
Brookdale Senior Living, CareTrust REIT and Ventas presented their first-quarter earnings reports to investors on Friday.
‘Out-of-favor’ asset classes gaining interest among investors
By
Kathleen Steele Gaivin
Jun 14, 2022
Gaining renewed focus are “out-of-favor” asset classes for which a catalyst exists that can turn them into “in-favor” asset classes, Dan Gorczycki, managing director of TrueRate Services, wrote...