‘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...
Business briefs, June 5
By
Kathleen Steele Gaivin
Jun 05, 2024
US Chamber, business groups sue over OSHA’s walk-around rule … Providers pick up another anti-staffing mandate measure in Senate … Assisted living’s ‘fragile’ workforce is under ‘threat’...
Business briefs, April 17
By
Kathleen Steele Gaivin
Apr 17, 2024
Bill promises ‘generational investment’ to support LTC workforce … Medicaid Access Rule a step closer to being finalized … Proposed information collection tool mean to help people recover ‘lost’...
OSHA announces final rule that could mean additional reporting for providers in January
By
Kathleen Steele Gaivin
Jul 18, 2023
The Department of Labor on Monday announced the final version of a rule that could mean additional reporting requirements for some senior living and nursing home providers starting in January.
House committee approves measure to stop ‘imposing new red tape’ on nursing homes
By
Kathleen Steele Gaivin
Mar 11, 2024
The House of Representatives Ways and Means Committee voted Wednesday to pass along to Congress a bill that would block the Centers for Medicare & Medicaid Services’ proposed minimum staffing mandate.
Actions & Transactions, May 9
By
Kathleen Steele Gaivin
May 09, 2024
CFG closes $20M bridge-to-Hud loan for refinancing of Maryland SNF … Muchmore Capital receives HUD MAP, Lean licenses … SLIB negotiates sale of Chandler, AZ, senior living community … Pittsburgh-area...
Business briefs, April 1
By
Kathleen Steele Gaivin
Apr 01, 2024
Higher interest rates mean less access to capital for senior living: NIC … CMS proposes 4.1% nursing homes pay boost … Assisted living rates up 0.6 to 3.8% … American Society on Aging, Next50 launch...
REITs focused on long-term care are ‘unsung heroes’ of investing, asset manager says
By
Kathleen Steele Gaivin
Sep 29, 2023
Real estate investment trusts with portfolios heavy in skilled nursing and senior living assets are being called the “unsung heroes” among investments by the author of one online post.
Invesque continues to sell SNFs in shift to private-pay senior living
By
Kathleen Steele Gaivin
Mar 18, 2024
Invesque continues to sell the skilled nursing facilities in its portfolio to focus predominantly on private-pay senior living, the Fishers, IN-based healthcare real estate company reported in a full-year...
Business briefs, April 24
By
Kathleen Steele Gaivin
Apr 24, 2024
New Labor Department rule meant to protect retirement investors’ savings … Analysis finds 4 in 5 nursing facilities don’t meet staffing requirements … Senior living hourly wages outpace private...