Appellate court decision rules in favor of provider, compels arbitration in negligence case … Labor Department proposes $83K in fines to SNF for not protecting workers from coronavirus hazards …...
Genworth launches first LTC insurance plan in 5 years as Washington state residents consider ‘crazy’...
By
Kathleen Steele Gaivin
Jul 12, 2024
The one-year anniversary of the effective date of Washington’s first-in-the nation mandatory, tax-based long-term care insurance program passed on July 1, but voters will have the opportunity to...
Earnings calls wrap-up: Diversified, Five Star, Sabra
By
Kathleen Steele Gaivin
Nov 05, 2021
Significant headwinds challenge senior living, but experts remain optimistic about recovery. Here is a round-up of three earnings calls held Thursday.
New solar panels expected to save CCRC $40,000 per year
By
Kathleen Steele Gaivin
Feb 02, 2022
The Town Center at Covenant Living of Cromwell, a continuing care retirement community in Connecticut, is committed to conserving energy and becoming more sustainable for the future while at the same time...
Study finds significant quick upside to appointing Black leaders
By
Kathleen Steele Gaivin
Oct 25, 2022
Investors rally and stocks jump when companies hire Black leaders, according to the results of a study published in Strategic Management Journal.
Invesque prioritizes pruning real estate portfolio
By
Kathleen Steele Gaivin
Feb 23, 2024
Invesque has spent 2024 pruning its real estate portfolio, “cleaning up” the balance sheet and making “certain personnel cutbacks.”
Cap rates up except in skilled nursing
By
Kathleen Steele Gaivin
Jul 11, 2023
More than 50% of the respondents to the 12th edition of CBRE’s “Seniors Housing & Care Investor Survey” expect capitalization rates to increase this year. That’s up from 27% in last year’s...
SNFs face ‘increased and increasingly hostile’ government scrutiny, attorneys say
By
Kathleen Steele Gaivin
Jun 06, 2024
The increased scrutiny facing nursing home providers since the COVID-19 pandemic includes “overall increased and increasingly sort of hostile approach by surveyors in the quality-of-care area,” according...
Brookdale’s $125M offering of tangible equity units causing concern for investors
By
Kathleen Steele Gaivin
Nov 22, 2022
Brookdale Senior Living’s recent announced that it began a public offering of 2.5 million tangible equity units, with an aggregate stated amount of $125 million, is fueling concerns among some investors,...
OSHA inspections into healthcare companies lower than expected, Fisher Phillips discovers
By
Kathleen Steele Gaivin
Mar 09, 2022
Data from Fisher Phillips’ recently launched OSHA inspections tracker gave the law firm’s attorneys pause, as the results showed that healthcare inspections from the Occupational Health and Safety...