Ohio nursing homes get $300M for nursing home workforce
By
Kathleen Steele Gaivin
Dec 13, 2021
The Ohio Legislature sent Gov. Mike DeWine (R) a bill Thursday afternoon that sets aside $300 million of more than $4 billion in federal coronavirus relief funding toward the state’s nursing homes.
Creativity is key to recruiting, retaining quality workers in new era, experts say
By
Kathleen Steele Gaivin
Sep 15, 2022
Employers must get creative to recruit and retain the best workers, executives at Paychex told National Investment Center for Seniors Housing & Care Chief Operating Officer Chuck Harry during a recent...
CCRC acquires care management company for home-based care
By
Kathleen Steele Gaivin
Aug 26, 2022
Waverly Heights, a continuing care retirement / life plan community in Gladwyne, PA, is expanding its care management operations with the acquisition of care management company GrayCare.
Welltower’s investment pipeline remains ‘robust’ in 2022 for, REIT says
By
Kathleen Steele Gaivin
Apr 22, 2022
Toledo, OH-based real estate investment trust Welltower’s investment pipeline was “robust” in the first quarter, according to a business update the REIT issued to investors Thursday in conjunction...
Increased healthcare M&A activity coming down pike in 2022, investment execs predict
By
Kathleen Steele Gaivin
Jan 26, 2022
Following a strong year for healthcare and life sciences transactions in 2021, investment professionals expect deal volume to clip along at a steady pace in 2022, despite labor shortages, supply chain...
NHI seeks to ‘expeditiously’ move legacy Holiday properties to new owners
By
Kathleen Steele Gaivin
Jan 28, 2022
Murfreesboro, TN-based National Health Investors has won a motion in the Delaware Court of Chancery to expedite its claims against Toledo, OH-based Welltower and some of its subsidiaries related to back...
Operator to spend $2.5 million to raise minimum wage, adjust pay for others at its communities
By
Kathleen Steele Gaivin
Nov 29, 2021
Richamond, VA-based Pinnacle Living expects to spend $2.5 million on an initiative that will see the minimum starting wage increase to $15 and wages adjusted for other employees at its retirement communities,...
Welltower loses bid to purchase Healthcare Realty
By
Kathleen Steele Gaivin
Jul 19, 2022
Months after Toledo, OH-based Welltower’s nearly $5 billion all-cash bid to purchase Healthcare Realty, Healthcare Realty shareholders on Friday approved a merger with Scottsdale, AZ-based Healthcare...
Capital Senior Living reports 78.2 percent occupancy for May
By
Kathleen Steele Gaivin
Jun 23, 2021
Capital Senior Living reported May occupancy of 78.2%, an increase of 294 basis points (2.94%) from the pandemic low average monthly occupancy of 75.3% in February.
COVID blurs lines between sectors, holds lessons for operators: NIC panel
By
Kathleen Steele Gaivin
May 27, 2021
Some lines among skilled nursing facilities and assisted living, memory care and independent living communities have become blurred in the era of COVID-19, according to panelists at Wednesday’s Leadership...