Florida SNFs donate scholarships to PHSC practical nursing program
By
Amy Novotney
Sep 01, 2021
A Florida-based practical nursing program is getting a financial boost from a group of skilled nursing facilities in an effort to help encourage more students to pursue careers in nursing.
Two major tenants failed to pay rents in the first quarter as a result of ongoing challenges related to the COVID-19 pandemic, leading some to remain concerned about the operating metrics of Westlake Village,...
Providers must offer COVID vaccine to new hires: new guidance
By
Amy Novotney
Apr 23, 2021
With almost half of the state’s nursing home workers not yet vaccinated against COVID-19, New York’s Department of Health has begun putting more pressure on the facilities to bridge the gap, according...
LTC defers, abates about $3.7M in rent as tenant Abri Health Services/Senior Care Centers files for Chapter...
By
Amy Novotney
Apr 21, 2021
LTC Properties has granted more than $3.6 million in rent deferrals since the beginning of the year, according to a company update released Monday.
WNC raises $176M in LIHTC equity to develop, renovate affordable housing for seniors, others
By
Amy Novotney
Apr 21, 2021
Real estate investment firm WNC announced Tuesday that it has closed on its latest institutional tax credit fund, raising $176 million in low-income housing tax credit equity that will be used to develop...
Senior living and care REITs revived by early vaccinations: analysis
By
Amy Novotney
Apr 19, 2021
Early success in the initial vaccine roll-out has brought “new life” to many struggling senior living and skilled nursing-focused real estate investment trusts. New cases of COVID-19 are “nearly...
Parkinson: ‘Green shoots’ indicate occupancy is troughing, but pace of recovery still uncertain
By
Amy Novotney
Apr 08, 2021
The stocks of senior living and skilled nursing-focused real estate investment trusts have outperformed expectations since the first COVID-19 vaccine announcement last November raised hopes of a quick...
Legal experts, ethicists continue to weigh in on vaccine mandates for long-term care staff
By
Amy Novotney
Mar 08, 2021
It’s a question that has plagued senior living and skilled nursing operators since COVID-19 vaccinations first became available in December: Can and should vaccination be required for staff members?
Private-equity ownership leads to more resident deaths and increased spending at nursing homes, study...
By
Amy Novotney
Feb 25, 2021
An increase in resident deaths and an uptick in spending on non-patient care are just two outcomes often observed when private equity firms acquire nursing homes, according to a new working paper published...
Nursing care prices increase 3.3% in January, but spending down 7.8%
By
Amy Novotney
Feb 23, 2021
National health spending on nursing care dropped 7.8% in 2020 compared with the previous year, according to a health sector economic indicator brief released Friday by nonprofit research and consulting...