Skilled nursing finances ‘much worse’ than previously known: report
By
Kathleen Steele Gaivin
Mar 03, 2022
Skilled nursing finances are “much worse” than previously thought, according to a new report outlining the financial effects of the COVID-19 pandemic on the nation’s nursing homes, American Health...
Long-term care adds 9,000 jobs in May, Labor Department says
By
Kathleen Steele Gaivin
Jun 05, 2023
Nursing and residential care facilities added 9,000 jobs in May, according to employment data released Friday by the Department of Labor’s Bureau of Labor Statistics.
Nursing home staff turnover up 25 percent from last year: survey
By
Kathleen Steele Gaivin
Aug 01, 2022
The national nursing home staff turnover rate for all employees is up 25% from last year. That’s according to findings included in the 45th annual Nursing Home Salary & Benefits Report released Thursday...
Stiffer requirements for SNF Medicaid payments could be coming down the pike
By
Kathleen Steele Gaivin
Jun 13, 2022
The nation’s 15,500 Medicaid-certified nursing homes could find that there are strings attached to future Medicaid payments if a proposal from the federal government proceeds, Kaiser Health News reports.
Senior housing and care lending relatively weak in second quarter: NIC
By
Kathleen Steele Gaivin
Nov 10, 2023
Senior living and care-related lending was relatively weak in the second quarter, likely due to yet another 0.25 percentage point rate increase from the Federal Reserve and significant disruptions among...
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.
Long-term care market optimism increases year over year: survey
By
Kathleen Steele Gaivin
Mar 06, 2024
Senior living and care investments are poised for even or increased growth in 2024, according to the results of a survey by Dallas-based BBG real estate services.
Dwyer Workforce Development closes $590 million, 50-SNF deal
By
Kathleen Steele Gaivin
Sep 22, 2022
The Baltimore-based Jack and Nancy Dwyer Workforce Development Center announced Wednesday the $590 million acquisition of a Texas-based 50-skilled-nursing-facility portfolio managed by Regency Integrated...
SavaSeniorCare, Welltower, CareTrust divest from skilled nursing
By
Kathleen Steele Gaivin
Jan 03, 2023
SavaSeniorCare is set to transition the remaining five skilled nursing facilities in its portfolio to other operators by the end of January, in what seems to be a trend in long-term care that also involves...