Nursing home occupancy reaches 2023 high of 81.2 percent
By
Lois A. Bowers
Sep 01, 2023
SNF occupancy in June was 81.2%, the highest it has been all year, according to the latest Skilled Nursing Monthly Report.
Business briefs, Sept. 1
Sep 01, 2023
Survey: Many building leaders want higher pay for extra work … Investor details how a focus on senior living spurs business growth … Growth on US REITs’ same-store NOI slows in Q2 … Fitch Affirms...
Independent living hot with investors: report
By
Lois A. Bowers
Oct 11, 2016
Independent living offers the biggest opportunity for investment in seniors housing, according to the latest CBRE Seniors Housing & Care Investor Survey, released Tuesday.
Industry groups seek immunity from pandemic-related lawsuits for operators
By
Lois A. Bowers
Apr 28, 2020
While national and state associations seek legal immunity against claims arising out from actions related to fighting COVID-19, a House task force has prioritized long-term care and affordable senior housing...
Long-term care corporate executives see 2.81% salary increase
By
Lois A. Bowers
Feb 18, 2020
Long-term care corporate executives saw an average salary increase of 2.81% in 2019, according to data released Friday by the Hospital & Healthcare Compensation Service.
Assisted living affects nursing home finances but not occupancy: study
By
Lois A. Bowers
Sep 17, 2018
Although the presence of assisted living communities may create competitive pressures that affect the nursing home finances, it does not have a significant negative effect on nursing home occupancy, according...
Business briefs, Nov. 30
By
Kathleen Steele Gaivin
Nov 30, 2022
Commission says direct care worker shortage is a priority…CMS issues ultimatum on HCBS settings final rule compliance … Fitch Ratings affirms Brethren Village revenue bonds at BB+; outlook stable …...
60 percent of ‘culture change’ nursing homes able to maintain most measures during pandemic:...
By
Lois A. Bowers
Aug 31, 2022
Many nursing homes that were operating under the principles of culture change before the COVID-19 pandemic have been able to maintain or even expand their efforts to focus on resident quality of life and...
2 New Jersey nursing homes close amid rising costs, limited funds
By
Kathleen Steele Gaivin
May 13, 2021
Two New Jersey nursing homes have closed amid increasing costs and limited funds, despite receiving high marks for care provision.
63-SNF Regency becomes new nonprofit, Wellsential Health
By
Lois A. Bowers
Oct 10, 2023
The Victoria, TX-based organization now known as Wellsential Health now is the largest family of nonprofit SNFs in Texas, according to the company.