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.
Skipping tech over price tag an ‘opportunity lost’ for hesitant nursing homes
By
Kimberly Marselas
Jun 26, 2024
While it remains difficult to quantify how investments in technology are paying off, some skilled nursing providers say they are buying into more options because today’s margins don’t afford them missed...
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...
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...
IDB Bank arranges $201.5 million in financing for 21-SNF portfolio
By
Kathleen Steele Gaivin
Jun 24, 2024
New York-based IDB Bank has arranged a $201.5 million bridge-to-HUD loan for an unnamed operator of 21 skilled nursing facilities with locations in Georgia, Michigan, North Caroliona and Texas.
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...
Assisted living’s ‘fragile’ workforce is under ‘threat’ from SNF staffing rule: NCAL leaders
By
Kimberly Marselas
Jun 04, 2024
Assisted living providers must brace for the impact of increased regulation, experts at the AHCA/NCAL Congressional Briefing warned Monday.
Business briefs, May 30
By
Kathleen Steele Gaivin
May 30, 2024
Alabama, Iowa, Mississippi, West Virginia and Wyoming found to have the most affordable retirement communities … ‘Daunting’ concerns about nursing home cost escalation dominate 2025 pay rule comments...
Business briefs, May 28
By
Kathleen Steele Gaivin
May 28, 2024
Sector vows ‘confidence’ in staffing rule lawsuit success; consumer advocates press forward with complaints … Judge rejects plea deal for former Skyline nursing home owner Schwartz … Black Americans...
Actions & Transactions, May 28
By
Kathleen Steele Gaivin
May 28, 2024
Shell Point Retirement Community to borrow $260M for expansion, including hurricane-grade shelter … Bethesda breaks ground on active adult community in Wilmar, MN … Blueprint advises Birchwood Healthcare...