Vaccine mandates not scaring workers away, Sabra CEO says
By
Lois A. Bowers
Nov 05, 2021
Labor issues are slowing the senior living and care industry’s recovery from the coronavirus pandemic, but operators should not spend much time worrying that they will lose workers if they implement...
Labor, rate pressures challenge recovery of senior living industry
By
Kimberly Bonvissuto
Nov 05, 2021
The recovery of the senior living industry will continue to be uneven in the face of a challenging labor market and wage pressures, as well as competition driving rates down, according to industry experts.
Earnings calls wrap-up: Diversified, Five Star, Sabra
By
Kathleen Steele Gaivin
Nov 05, 2021
Significant headwinds challenge senior living, but experts remain optimistic about recovery. Here is a round-up of three earnings calls held Thursday.
Labor Department issues COVID vaccine requirement for companies with 100 or more employees
By
Lois A. Bowers
Nov 04, 2021
U.S. companies employing 100 or more workers must develop, implement and enforce a mandatory COVID-19 vaccination policy, unless they adopt a policy requiring employees to choose to either be vaccinated...
CMS issues reg requiring COVID-19 vaccination for long-term care workers
By
Lois A. Bowers
Nov 04, 2021
Long-term care and other healthcare facilities that participate in the Medicare and Medicaid programs must develop COVID-19 vaccination policies for their workers by Dec. 5, and all eligible workers must...
Partnerships, universal workers keys to successful middle market communities, execs say
By
Lois A. Bowers
Nov 04, 2021
Relationships with third parties, the use of universal workers, pared-down offerings and strict expense control — but not skimping on quality — are keys to a successful senior living model serving...
Healthpeak substantially exits rental senior housing with final $149 million in sales
By
Kimberly Bonvissuto
Nov 04, 2021
Healthpeak Properties closed on the final sale of $149 million of its seniors housing portfolio in the third quarter, bringing total sales proceeds on the properties to $4 billion since July 2020, CEO...
Life plan community unit absorption rebounds in third quarter: Ziegler
By
Kathleen Steele Gaivin
Nov 04, 2021
After five quarters of negative absorption during the pandemic, life plan community unit absorption not only rebounded in the third quarter but has achieved its strongest pace since the fourth quarter...
Healthpeak closes on final $149 million of senior living dispositions
By
Kathleen Steele Gaivin
Nov 04, 2021
Healthpeak Properties has closed the final $149 million of its senior living community dispositions since August, bringing total sales proceeds to $4 billion since July 2020, CEO Thomas Herzog said during...
‘Small and complex’ senior living and care industry ripe for investors: NIC chair
By
Kathleen Steele Gaivin
Nov 03, 2021
HOUSTON—Despite the “temporary disruption” from the pandemic, market conditions are favorable for investing in senior living and care, Kurt Read, chair of the NIC Board of Directors and managing...