Loan activity at record low for senior living: NIC
By
Kathleen Steele Gaivin
Aug 11, 2023
The issuance of new permanent debt reached a time series low for senior living — and a near record low for skilled nursing — in the first quarter based on the six years since the National Investment...
American Healthcare REIT properties ‘generally performed well’ in Q3, exec says
By
Kathleen Steele Gaivin
Nov 22, 2023
American Healthcare REIT’s properties “generally performed well” in the third quarter, President and CEO Danny Prosky wrote in a letter to investors that was filed Monday with the Securities and...
ADA case awards damages to fired nursing home laundry tech with anxiety
By
Alicia Lasek
Nov 18, 2022
A Nashville, TN, nursing facility violated the Americans with Disabilities Act when it fired a laundry technician with documented anxiety and must pay compensatory damages, a jury has decided.
Regional Health Properties to simplify capital structure, reduce expenses
By
Kathleen Steele Gaivin
Nov 27, 2023
Atlanta-based Regional Health Properties plans to further simplify its capital structure and reduce corporate expenses, President and CEO Brent Morrison said in a press release announcing the company’s...
Minimum staffing requirements good idea in theory only: AHCA/NCAL
By
Kathleen Steele Gaivin
Jul 13, 2023
A federal nursing home minimum staffing mandate “sounds like a good idea, but in practice, it is not,” American Health Care Association / National Center for Assisted Living President and CEO Mark...
Senior living construction costs expected to increase 3 to 6 percent
By
Kathleen Steele Gaivin
Feb 21, 2024
Senior living construction costs will average 3 to 6% more in 2024 compared with 2023, although costs will vary by market, according to a special issue brief by The Weitz Co. prepared for the American...
Government underinvestment responsible for aging services infrastructure decline: LeadingAge CEO
By
Kathleen Steele Gaivin
Mar 29, 2022
The COVID-19 pandemic has brought to light “decades of state and federal underinvestment in our aging services infrastructure,” Katie Smith Sloan, president and CEO of LeadingAge, wrote in an opinion...
12 more states sue to block CMS vaccine mandate
By
Kathleen Steele Gaivin
Nov 17, 2021
A group of 12 states filed a lawsuit Monday against the Biden administration in an attempt to block its vaccine mandate for healthcare workers, asserting that the requirement is unconstitutional and violates...
Skilled nursing occupancy hit new record low of 71.7% in December: NIC
By
Amy Novotney
Mar 05, 2021
Just as recent efforts to vaccinate long-term care patients and frontline healthcare workers began at the end of December, occupancy at the nation’s skilled nursing facilities reached its lowest level...
FFS admissions grow 5.8% for skilled nursing, drop 8.6% for home health: report
By
Kathleen Steele Gaivin
May 10, 2023
Medicare fee-for-service admissions increased among skilled nursing facilities by 5.8% and decreased among home health providers year-over-year in the third quarter of 2022, according to a report released...