COVID-related changes in nursing home healthcare delivery ‘just starting to manifest’: report
By
Kathleen Steele Gaivin
Mar 08, 2023
The pandemic forever changed the nursing home industry, according to Marcum LLP’s three-year benchmarking analysis of skilled nursing operations, released Tuesday.
Half of American women uncertain about secure retirement: surveys
By
Kathleen Steele Gaivin
May 17, 2023
Half of American women aged 25 or more years are struggling financially and finding it difficult to plan for a secure retirement. That’s according to the newly released results of two surveys commissioned...
Home Care Pulse expands tech platform with acquisitions of Activated Insights, Pinnacle Quality Insight
By
Kathleen Steele Gaivin
Jan 20, 2023
Home Care Pulse announced Thursday the acquisitions of Activated Insights and Pinnacle Quality Insight, which are meant to expand the management company’s technology platform.
Omega Healthcare Investors has ‘headroom’ to withstand LaVie’s bankruptcy: Fitch Ratings
By
Kathleen Steele Gaivin
Jun 12, 2024
Omega Healthcare Investors’ credit rating has enough of a cushion to weather the recent bankruptcy of tenant LaVie Care Centers, Fitch Ratings said Tuesday.
56 percent willing to dip into retirement savings to be family caregiver: survey
By
Kathleen Steele Gaivin
May 23, 2024
Fifty-six percent of Americans participating in a new survey said they would be willing to take a loan from their own retirement fund to become a caregiver for someone else.
Wall Street took another hit Monday despite a historic commitment by the Federal Reserve to buy as much government-backed debt as needed to keep financial markets functioning. The central bank unrolled...
Legislators look to ‘tap the breaks’ on private equity investments in healthcare, expert says
By
Kathleen Steele Gaivin
Jun 21, 2023
Healthcare transactions have been “robust” over the past decades, but the past five years or so have been “a particularly active period” with a “spike” coming in 2020 and into 2022 as pandemic...
Senior living indirectly benefits from $5.3T in COVID-19 stimulus offers, but economists concerned about...
By
Amy Novotney
Mar 30, 2021
The U.S. federal government has passed an unprecedented $5.3 trillion in stimulus packages in an effort to help the economy recover from the COVID-19 pandemic. In the short term, these efforts appear to...
ProMedica Senior Care posts $14.7 million loss in second quarter
By
Kathleen Steele Gaivin
Aug 16, 2023
Toledo, OH-based ProMedica Senior Care on Monday reported a $14.7 million operating loss for the second quarter, and parent company ProMedica posted a $39.8 million operating loss for the quarter, the...
Demographic disparities play significant role in retirement savings
By
Kathleen Steele Gaivin
Dec 21, 2022
Many American workers could be woefully short of the funds needed to pay for home care, senior living or skilled nursing facility care, according to a new report by the nonprofit Transamerica Center for...