CareTrust REIT addresses ‘cracks in foundation’ with investment in new asset class
By
Kimberly Bonvissuto
Feb 18, 2022
With the pandemic and labor challenges exposing a “few cracks in the foundation” involving long-term care, CareTrust REIT is taking advantage of a sellers’ market and expanding into a new asset class.
$70 million in aid in Michigan ‘encouraging’ for assisted living providers nationwide, CEO says
By
Lois A. Bowers
Feb 18, 2022
Senior living providers across the country need pandemic relief like the $70 million in direct aid in which assisted living operators will share in Michigan after bipartisan support in the state Legislature,...
CDC could loosen indoor mask mandates as early as next week
Feb 16, 2022
The White House has been eager for the CDC to provide an update on its indoor mask recommendation.
Move-ins slow with omicron surge; move-outs hold constant: NIC
By
Kathleen Steele Gaivin
Feb 11, 2022
Move-ins slowed last month in long-term care facilities offering higher levels of care, according to the National Investment Center for Seniors Housing & Care.
Retiring Jewish HomeLife CEO talks about the importance of succession planning, diversification and vaccine...
By
Lois A. Bowers
Feb 04, 2022
Harley Tabak (Photo courtesy of Jewish HomeLife) Harley Tabak will retire at the end of the year after two decades at the helm of Jewish HomeLife in Atlanta. In April, he’ll transition to the role of...
Omega portfolio occupancy growth thwarted by omicron in fourth quarter
By
Kathleen Steele Gaivin
Feb 04, 2022
The omicron variant of COVID-19 has dramatically slowed skilled nursing facility occupancy recovery and created additional labor challenges, Omega Healthcare Investors CEO Taylor Pickett said Thursday...
SENIOR Act proposes $10B sustainability fund, workforce development programs for assisted living
By
Kimberly Bonvissuto
Jan 28, 2022
Legislation to address labor challenges and create a sustainability fund to the tune of $1.25 billion for senior living providers is expected to be introduced today.
Moderna begins testing booster shot aimed at omicron
Jan 27, 2022
The new study will focus on a single omicron-specific booster dose in about 600 adults.
Touting the industry’s success in COVID-19 vaccination of staff members, senior living leaders expressed relief Tuesday after the federal government announced its withdrawal of the COVID-19 vaccination-and-testing...
COVID-19 rapid test makers struggling to meet demand
Jan 21, 2022
However, the government’s order for the free test kits is in addition to existing supply and does not interfere with existing orders.