‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
US healthcare spending for NFs and CCRCs to reach $337.4 billion by 2032, CMS says
By
Lois A. Bowers
Jun 13, 2024
National health expenditures for nursing facilities and continuing care retirement communities are expected to reach $337.4 billion by 2032, according to new estimates released Wednesday by the Office...
Brookdale finds itself in the midst of another federal inquiry, this time about skilled nursing
By
Lois A. Bowers
May 07, 2024
The country’s largest senior living company on Sunday found itself the subject of an inquiry related to a new federal mandate for minimum staffing at nursing homes. Brookdale Senior Living President...
Legislation aims to increase scrutiny of private equity healthcare acquisitions
By
Lois A. Bowers
Feb 27, 2024
Legislation introduced by California Attorney General Rob Bonta and Assembly Speaker pro Tempore Jim Wood (D-Healdsburg) in the Golden State would give the attorney general oversight of private equity...
Business briefs, Feb. 27
By
Lois A. Bowers
Feb 27, 2024
Proposed law would impose federal reporting requirements on assisted living providers … Feb. 29 is deadline to participate in professional liability study … Iowa lawmakers ponder $20 minimum wage for...
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.
PruittHealth expands presence in Georgia with 3-SNF acquisition
By
Lois A. Bowers
Oct 10, 2023
Norcross, GA-based PruittHealth is expanding its presence in Georgia with the acquisition of three skilled nursing facilities from Piedmont. Two of the facilities are located in Augusta, and one is located...
Business briefs, Sept. 5
Sep 05, 2023
Data breach affects more than 200,000 Indiana Medicaid beneficiaries … Skilled nursing providers find few silver linings, stew over minimum staffing demands … Elison Willowbrook in Houston unveils...
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...