NIC: Loan delinquencies still above pre-COVID levels but trend down
By
Kathleen Steele Gaivin
Nov 11, 2022
The number of delinquent loans in the long-term care industry edged down in the second quarter, but delinquencies remain above pre-COVID levels, according to a report released Wednesday by the National...
Skilled nursing demand increasing, but staffing remains issue
By
Kathleen Steele Gaivin
Nov 07, 2022
killed nursing occupancy increased by 48 basis points from July to August to end the month at 78.8%, according to the National Investment Center for Seniors Housing & Care’s most recent skilled nursing...
Staffing shortage severity may be lessening, executives say
By
Kathleen Steele Gaivin
May 06, 2022
Severe staffing shortages in long-term care may be lessening, according to results of Wave 40 of the Executive Survey, released Thursday by the National Investment Center for Seniors Housing & Care.
Healthcare REIT ratings expected to hold despite staffing mandate, Fitch says
By
Kathleen Steele Gaivin
Sep 22, 2023
Real estate investment trusts that own skilled nursing facilities are not likely to see their ratings affected by a minimum staffing rule that will affect most nursing homes across the country within the...
‘We’re on our way’ to recovery in senior housing real estate: expert
By
Kathleen Steele Gaivin
May 26, 2022
The senior housing real estate market is poised for a good recovery after the challenges of operating during a pandemic, according to Michael Acton, managing director and head of research at AEW.
All states must comply with forthcoming COVID vaccine mandate, former OSHA official says
By
Kathleen Steele Gaivin
Oct 29, 2021
Individual states do not have the authority to opt out of the emergency temporary standard on workplace COVID-19 vaccines and testing expected to be released soon by the Department of Labor’s Occupational...
Ziegler predicts ‘fierce headwinds’ continuing into new year
By
Kathleen Steele Gaivin
Jan 09, 2023
“Fierce headwinds” will keep blowing for long-term care providers in 2023, according to specialty investment bank Ziegler. Inflationary pressures and workforce challenges are still in play, but reasons...
What the inflation rate increase to 8.5 percent means to senior living
By
Kathleen Steele Gaivin
Apr 14, 2022
The inflation rate is higher than it’s been in almost 40 years, and the consumer price index increased 1.2% in March on a seasonally adjusted basis after rising 0.8% in February, the Bureau of Labor...
Long-term care, home care rehab directors, physical therapists see modest salary increases
By
Kathleen Steele Gaivin
Oct 06, 2022
Director of rehabilitation salaries increased 4.22% year-over-year in the long-term care sector and 3.52% in home health agencies, according to the 16th annual Rehabilitation Salary & Benefits Report released...
Long-term care mergers and acquisitions drop 13 percent from last quarter
By
Kathleen Steele Gaivin
Apr 18, 2023
Mergers and acquisitions in senior living and skilled nursing in the first quarter included just 98 transactions. That’s 13% fewer than the 112 transactions that occurred in the fourth quarter of 2022,...