Home care spending outpaces nursing home spending ‘by far’
By
Kathleen Steele Gaivin
Jul 19, 2024
Spending on healthcare goods and services grew by 8.3% between May 2023 and May 2024, according to the latest monthly Health Sector Economics brief from Altarum, released Thursday.
Business briefs, July 24
By
Kathleen Steele Gaivin
Jul 24, 2024
No prison for nursing home owner who botched Hurricane Ida evacuation, leading to 7 resident deaths … 3 MA SNFs placed in receivership …VNA community in Somerville, MA, receives affordable housing...
Actions & Transactions, July 25
By
Kathleen Steele Gaivin
Jul 25, 2024
Lument closes $38.8M Freddie Mac refinance for CA senior living communities … ESI arranges sale of Beacon Ridge SNF in PA … Omega Healthcare Investors declares quarterly dividend … Linus Health acquires...
Fee-for-service skilled nursing utilization stable but still below pre-pandemic levels
By
Kathleen Steele Gaivin
Jul 22, 2024
National fee-for-service skilled nursing facility utilization has been stable year over year from the third quarter of 2023 to the third quarter of this year, but utilization remains 2 percentage points...
Dwight Capital, Dwight Mortgage Trust close $390M in long-term care financing in second quarter
By
Kathleen Steele Gaivin
Jul 12, 2024
Miami-based Dwight Capital and its affiliate real estate investment trust, Dwight Mortgage Trust, financed $390.4 million in long-term care transactions during the second quarter of the year, the companies...
Actions & Transactions, July 8
By
Kathleen Steele Gaivin
Jul 08, 2024
IntegraCare’s Glen Mills built on location of historic former nightclub … Nursing home purchases former hospital in Baton Rouge, LA … Resort Lifestyle Communities opens all-inclusive retirement community...
Spending on nursing homes, home care slows year over year
By
Kathleen Steele Gaivin
Jun 27, 2024
Between May 2023 and May 2024, overall healthcare costs grew by 3.4%, the fastest increase seen since December 2007, according to Altarum’s monthly Health Sector Economic Indicators brief, released Wednesday.
Business briefs, June 26
By
Kathleen Steele Gaivin
Jun 26, 2024
Addition of senior housing to data collection warehouse adds transparency, capital to sector … National s tenants bill of rights introduced … Margaritaville retirement community turns 6 … Fitch...
Business briefs, June 24
By
Kathleen Steele Gaivin
Jun 24, 2024
State nursing home, assisted living survey official resigns after lawsuit … Legislators call for veterans home in Oregon … Change Healthcare tells providers about data stolen in cyberattack … Looking...
Capital Funding Group closes $42M HUD in financing for SNFs in 2 states
By
Kathleen Steele Gaivin
Jun 25, 2024
Capital Funding Group announced Monday that it had closed on a HUD financing package totaling $42 million, on behalf of an unnamed “nationally recognized” borrower, for the purchase of three skilled...
