Skipping tech over price tag an ‘opportunity lost’ for hesitant nursing homes
By
Kimberly Marselas
Jun 26, 2024
While it remains difficult to quantify how investments in technology are paying off, some skilled nursing providers say they are buying into more options because today’s margins don’t afford them missed...
Skilled nursing claims continue to be eclipsed by assisted living claims by average cost, CNA reports
By
Kathleen Steele Gaivin
Mar 18, 2022
The average cost of assisted living professional liability claims ($267,174) has outpaced such claims by skilled nursing facilities ($245,559) over the past few years, according to the 11th edition of...
CVS, Walgreens complete first round of SNF immunizations, doling out more than 3 million COVID-19 vaccines
By
Amy Novotney
Jan 26, 2021
In increasingly positive news for the senior living and care industries, CVS Health and Walgreens have completed the administration of the first round of COVID-19 vaccine doses to skilled nursing facilities...
US COVID-19 hospitalizations rise for fourth straight week
Aug 16, 2023
Cases occurring at nursing homes were also high. Severe COVID-19 recently seems to have been striking seniors ages 75 years and older most often.
Muni bond defaults most likely to occur in senior living, skilled nursing, survey finds
By
Kathleen Steele Gaivin
Jan 09, 2024
Yields may have peaked in 2023 for municipal bonds, with defaults this year most likely to happen in senior living and skilled nursing, according to the results of a recent survey published by Hilltop...
Ignite boosts Texas presence via $12.7 million joint venture with LTC Properties
By
Kathleen Steele Gaivin
Apr 05, 2024
Ignite Medical Resorts will expand its footprint in Texas through a $12.7 million loan from Westlake Village, CA-based real estate investment trust LTC Properties that will enable the operator to purchase...
SNH: Five Star initiatives will address CCRC challenges
By
Lois A. Bowers
Mar 01, 2018
Weaker performance in skilled nursing operations at Five Star Senior Living CCRCs “heavily influenced” a decline in rent coverage in a Senior Housing Properties Trust portfolio, said the REIT’s...
Nursing homes previously sued for Medicare fraud received hundreds of millions in coronavirus relief...
By
Amy Novotney
Aug 05, 2020
For-profit nursing home operators that have faced accusations of Medicare fraud and kickbacks in recent years received more than $300 million in coronavirus relief payments, according to a Washington Post...
Independent living hot with investors: report
By
Lois A. Bowers
Oct 11, 2016
Independent living offers the biggest opportunity for investment in seniors housing, according to the latest CBRE Seniors Housing & Care Investor Survey, released Tuesday.
Biosensor company on a mission to plug leaks from failed IV insertion
By
Aaron Dorman
Oct 12, 2023
A health tech company that makes biosensors for IV insertions is hoping to significantly expand its market this fall.