HUD awards millions in ‘green’ funding to 17 affordable senior housing communities
By
Kathleen Steele Gaivin
Jun 26, 2024
Seventeen affordable seniors housing properties will receive funding ranging from $2.4 million to $20 million, the Department of Housing and Urban Development announced Tuesday as it makes available a...
Cafaro, Lynch among top paid execs at S&P 500 companies: study
By
Kathleen Steele Gaivin
Jun 20, 2024
Debra Cafaro, chairman and CEO of Ventas, and Karen Lynch, president and CEO of long-term care pharmacy Omnicare parent CVS Health, are among American’s top paid executives, according to an Equilar /...
‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
US healthcare spending for NFs and CCRCs to reach $337.4 billion by 2032, CMS says
By
Lois A. Bowers
Jun 13, 2024
National health expenditures for nursing facilities and continuing care retirement communities are expected to reach $337.4 billion by 2032, according to new estimates released Wednesday by the Office...
Omega Healthcare Investors has ‘headroom’ to withstand LaVie’s bankruptcy: Fitch Ratings
By
Kathleen Steele Gaivin
Jun 12, 2024
Omega Healthcare Investors’ credit rating has enough of a cushion to weather the recent bankruptcy of tenant LaVie Care Centers, Fitch Ratings said Tuesday.
Travel can benefit both family caregivers and care recipients: AARP
By
Kathleen Steele Gaivin
Jun 11, 2024
Despite challenges, there are innate benefits for family caregivers when they do make trips with their care recipients, according to the results of a survey by the AARP.