National health spending declining as percent of GDP: analysis
By
Kathleen Steele Gaivin
Jun 24, 2022
National health spending accounted for 18.1% of gross domestic product in April, but that figure has been declining steadily over the past several months, according to Altarum’s monthly Health Sector...
Lutheran Services in America expands rural aging initiative to 4 states
By
Kathleen Steele Gaivin
Jun 24, 2022
Lutheran Services in America said Thursday that it will expand its rural aging initiative into more states to help older adults experiencing social isolation and difficulty accessing services and supports...
‘Hawkish’ Federal Reserve rate hike ‘surprising,’ Marcus & Millichap exec says
By
Kathleen Steele Gaivin
Jun 22, 2022
The Federal Reserve took a “hawkish” stance last week with its 1.5% rate hike, and the 75-basis-point increase was “surprising,” John Chang, vice president and director of research services at...
Distinctive Living expands to 22 properties, with 11 under development
By
Kathleen Steele Gaivin
Jun 22, 2022
Freehold Township, NJ-based Distinctive Living has added five new senior living communities to its portfolio, the company announced Friday. The properties are in Alabama, Connecticut and Pennsylvania.
Retired Americans returning to workforce amid rising wages, inflation
By
Kathleen Steele Gaivin
Jun 21, 2022
Retirees are returning to the workforce to reap higher wages and keep up with record inflation, according to an analysis released by Magnify Money earlier this month.
Land & Buildings to vote against Healthcare Realty Trust’s proposed acquisition of Healthcare Trust...
By
Kathleen Steele Gaivin
Jun 17, 2022
Land & Buildings said Thursday that it will vote against Healthcare Realty Trust’s proposed acquisition of Healthcare Trust of America at a July 15 special meeting, and it urged other shareholders to...
Advocacy groups ‘strongly urge’ DOL to consider changes to processing Schedule A petitions
By
Kathleen Steele Gaivin
Jun 16, 2022
LeadingAge and the American Health Care Association / National Center for Assisted Living met Monday with staff from the Department of Labor to “strongly urge” the agency to consider changes to Schedule...
‘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...
Stiffer requirements for SNF Medicaid payments could be coming down the pike
By
Kathleen Steele Gaivin
Jun 13, 2022
The nation’s 15,500 Medicaid-certified nursing homes could find that there are strings attached to future Medicaid payments if a proposal from the federal government proceeds, Kaiser Health News reports.
Business briefs, June 10
By
Kathleen Steele Gaivin
Jun 10, 2022
SNF’s ‘Rainbow Wing’ meant to ‘ensure all residents feel comfortable and safe’ … Alaska affiliate of AHCA/NCAL changes name … Acts Retirement–Life Communities marks 50th anniversary …...