Kandu / Bloom divest of skilled nursing facilities to focus on senior living
By
Kathleen Steele Gaivin
Mar 28, 2023
Birmingham, MI-based Bloom Senior Living and Kandu Capital have extricated themselves from their skilled nursing facilities and mental health / psychiatric facilities to focus on their portfolio of independent...
Pennant sees ‘meaningful progress’ in fourth quarter
By
Kathleen Steele Gaivin
Feb 27, 2023
Despite labor and inflationary pressures, the Pennant Group’s full-year and fourth-quarter 2022 financial results demonstrate progress in both senior living and home health / hospice, according to Brent...
Competition drives Medicare Advantage plans to expand nonmonetary benefits, which can save LTC providers...
By
Kathleen Steele Gaivin
Jan 21, 2022
The number of Medicare Advantage insurers has doubled over the past year, leading to expanded coverage beyond medical needs, according to a report released Wednesday from ATI Advisory. The nonmonetary...
Demand for senior living and care increasing in third quarter: study
By
Kathleen Steele Gaivin
Oct 01, 2021
Demand for senior living and care is ticking upward, Moody’s economist Lu Chen wrote in a recent report. The combined national vacancy rate across long-term care property types, she said, trended downward...