Skilled nursing finances ‘much worse’ than previously known: report
By
Kathleen Steele Gaivin
Mar 03, 2022
Skilled nursing finances are “much worse” than previously thought, according to a new report outlining the financial effects of the COVID-19 pandemic on the nation’s nursing homes, American Health...
Legislation proposes $5.5M in ARPA funds to boost assisted living workforce
By
Kathleen Steele Gaivin
Feb 25, 2022
The Nebraska Unicameral Legislature is considering legislation that would direct more than $5.5 million in American Rescue Plan Act funds to assisted living communities to promote employee recruitment...
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...
Business briefs, Jan. 7
By
Kathleen Steele Gaivin
Jan 07, 2022
Governor announces plans to distribute 1 million rapid COVID tests to assisted living communities, nursing homes; LeadingAge Florida applauds … Fed discusses faster rate hikes to counter inflation …...
Diversified Healthcare Trust ‘well positioned’ following Five Star community transitions, RMR CEO...
By
Kathleen Steele Gaivin
Nov 18, 2021
Diversified Healthcare Trust is “well positioned to unlock value and improve performance within its senior living portfolio,” RMR Group President and CEO Adam Portnoy said during the company’s third-quarter...
Earnings calls wrap-up: Invesque, Capital Senior Living
By
Kathleen Steele Gaivin
Nov 12, 2021
Companies focus on portfolio management among costs and labor availability pressures.
Wages, job quality top direct care concerns moving into next decade: PHI
By
Kathleen Steele Gaivin
Sep 08, 2021
An aging population, along with high turnover among care workers, could pose continuing challenges to the long-term care industry in the coming decade, according to a new report from the advocacy group...
Economic growth begins to wane
By
Kathleen Steele Gaivin
Aug 31, 2021
Although the United States saw a significant rise in gross domestic product in the second quarter, growth is likely to be much slower in the coming months, according to Beth Burnham Mace, chief economist...
Momentum picks up in senior living construction: ASHA brief
By
Kathleen Steele Gaivin
Aug 27, 2021
Lumber costs are slowly coming down from pandemic highs, but labor costs continue to rise along with a shortage of skilled labor, Senior Vice President Larry Graeve and Chief Estimator Amy Burk of The...