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...
Business briefs, June 28
By
Kathleen Steele Gaivin
Jun 28, 2024
Supreme Court strips SEC of a critical enforcement tool in fraud cases … CCRC rent growth affects overall occupancy, occupancy growth … Empowering ‘deeply undervalued’ caregivers would improve...
‘Deteriorating’ outlook for CCRCs to continue for rest of year: Fitch
By
Kathleen Steele Gaivin
Jun 26, 2024
The “deteriorating” outlook for the not-for-profit continuing care retirement / life plan communities sector will continue for the rest of the year, “indicating our expectation that credit pressures...
Business briefs, May 21
By
Kathleen Steele Gaivin
May 21, 2024
New bill would extend telehealth services for seniors … Long-term care leaders return to basics, employ innovation to grow direct care staff … Nursing home residents sue state over conditions, lack...
Vi Living nears completion of $300 million redevelopment in Naples, FL
By
Kathleen Steele Gaivin
May 16, 2024
Vi Living on Monday opened the first building in the sixth and final phase of a $300 million redevelopment project at Bentley Village in Naples, FL. The cost for this phase was $92 million.