Seniors housing and care M&A activity drops 39% in the first quarter
By
Amy Novotney
Apr 15, 2021
After a strong fourth quarter, merger and acquisition activity within the senior housing and care industries dropped precipitously to 77 deals in the first quarter of this year, according to data released...
Healthcare labor union helping unemployed fast-food and hotel workers pursue careers in senior living
By
Amy Novotney
Mar 31, 2021
Last year as the COVID-19 pandemic took hold across the country, requests for certified nursing assistants rose 25% in New York City alone, according to an analysis published last week in the Wall Street...
Senior housing investment, income returns increase but remain low: NCREIF
By
Amy Novotney
Mar 24, 2021
The senior housing sector posted a 0.71% total investment return in the fourth quarter, marking the second consecutive quarter of positive returns since the COVID-19 pandemic pushed returns into negative...
AHCA, LeadingAge propose $15B in nursing home reforms to address workforce shortages, underfunding
By
Amy Novotney
Mar 16, 2021
The American Health Care Association and LeadingAge Monday released a $15 billion reform agenda, the Care for Our Seniors Act, to address long-standing challenges affecting the quality of care provided...
Lawmakers in several states propose bills to ban employers from mandating COVID-19 vaccines
By
Amy Novotney
Mar 10, 2021
Although only a handful of long-term care operators have gone the route of requiring employees to get a COVID-19 vaccine, some state legislators are working to pre-empt those mandates, according to a Washington...
With COVID-19 cases down to just two per day in recent weeks within a portfolio serving 40,000 residents, and a 100% resident vaccination rate expected by the end of the month, Ventas Chairman and CEO...
Concerns grow that pandemic relief bill will accelerate ongoing shift to HCBS
By
Amy Novotney
Mar 01, 2021
The $1.9 trillion coronavirus relief package passed by the U.S. House of Representatives on Saturday includes billions of dollars in new funding for government long-term services and supports for frail...
Earnings call wrap-up: Senior living operators and REITs prep for post-pandemic growth
By
Amy Novotney
Feb 26, 2021
Amid a flurry of fourth-quarter and year-end earnings reports released this week, several senior living operators and real estate investment trusts announced moves aimed at harnessing long-term growth,...
Legal experts warn of incoming lawsuits for long-term care
By
Amy Novotney
Feb 09, 2021
Legal teams for both long-term care operators and the residents and families affected by the COVID-19 pandemic are gearing up for lawsuits alleging neglect and wrongful death as a result of the virus —...
Business briefs for Tuesday, Feb. 9
Feb 09, 2021
55+ Housing Market Index remained high in fourth quarter … $35B proposed Provider Relief Fund infusion far cry from $100B industry leaders have requested … LeadingAge publishes updated housing credit...