Nursing home and assisted living move-ins increasing: NIC survey
By
Amy Novotney
Oct 19, 2020
Assisted living and skilled nursing facilities are reporting an increase in the pace of move-ins over the past 30 days, according to data collected from the most recent Executive Survey conducted by the...
Healthcare sees highest Chapter 11 bankruptcy filings in 15 years: report
By
Kathleen Steele Gaivin
May 18, 2024
Chapter 11 bankruptcies in healthcare, including senior living reached a multiyear high in the first quarter of 2024. That’s according to the newest Polsinelli-TrBK Distress Indices Report, published...
‘Needs-based character’ makes senior living attractive to investors, expert says
By
Kathleen Steele Gaivin
Sep 22, 2021
Senior housing is still in recovery mode from the COVID-19 pandemic, but the sector still offers investment opportunities, according to Robb Chapin, a partner at Bridge Investment Group.
Pandemic may cause increase in need for LTC for people living with dementia
By
Amy Novotney
Sep 02, 2021
The ongoing COVID-19 pandemic could cause a significant rise in the number of people living with dementia, according to a group representing more than 100 Alzheimer’s and dementia associations globally....
Senior housing facing increasing wage pressures and resorting to more rent concessions: NIC
By
Amy Novotney
Oct 30, 2020
Higher staff wages for some senior housing operators likely are putting a strain on net operating income, according to data collected from the most recent Executive Survey conducted by the National Investment...
Long-term care facilities face critical nursing shortage
By
Kathleen Steele Gaivin
Jul 07, 2021
Long-term care facilities everywhere are struggling with the dire effects of the nursing shortage.
Ensign first-quarter results ‘particularly impressive,’ CEO says
By
Kathleen Steele Gaivin
Apr 28, 2023
The Ensign Group’s “locally driven strategy led to improvement in occupancies, skilled revenue, skilled days and managed care revenues,” CEO Barry Port said during Thursday’s earnings call. “The...
Motley Fool: Omega’s SNF-focused portfolio may buffer it from pandemic fallout — or will it?
By
Amy Novotney
Apr 24, 2020
Historically, investors have often viewed independent and assisted living communities — most often paid for out-of-pocket by residents — as safer bets than skilled nursing facilities, which generally...
Cypress Living to provide consulting services to Lee Health’s home health agency
By
Kathleen Steele Gaivin
Nov 08, 2022
Cypress Living will provide consulting services to the home health segment of Fort Myers, FL-based Lee Health, Cypress announced Monday. Lee Health is one of the largest home health providers in Southwest...
Private employment up in August, highlighting strong post-pandemic outlook: ADP report
By
Alicia Lasek
Aug 31, 2023
Private employers added 177,000 jobs for the month, and pay was up year-over-year, highlighting a steadying trend of post-pandemic recovery, according to an ADP National Employment Report released Wednesday.