‘Alarming’ legal opinion could be ‘detrimental’ to senior living project financing, leaders say
By
Kimberly Bonvissuto
Aug 16, 2024
An “alarming” legal opinion affecting a federal loan program popular with senior living and care organizations could have a “detrimental” effect on maintaining senior living communities and other...
Gold in the Keep It Super Simple category goes to RiverSpring Living
By
Foster Stubbs
Dec 05, 2023
For its efforts with NexStride, RiverSpring Living was awarded Gold in the Keep It Super Simple category in the 2023 McKnight’s Excellence in Technology awards.
Data breach leaked info on 40 nursing facilities, provider reports
By
Aaron Dorman
Jan 17, 2024
A data breach over the summer may have given hackers access to health records for both residents and staff at 40 nursing homes.
Biosensor company on a mission to plug leaks from failed IV insertion
By
Aaron Dorman
Oct 12, 2023
A health tech company that makes biosensors for IV insertions is hoping to significantly expand its market this fall.
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.
Biden administration sets nursing home staffing minimums
Apr 23, 2024
The first-ever minimum staffing rule has been set for nursing homes, the Biden administration announced Monday.
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.
Federal final rule drops bring cries of ‘flawed,’ ‘aggressive,’ ‘dramatic’ from senior living...
By
Kimberly Bonvissuto
Apr 25, 2024
Late April brought a shower of regulatory changes as the federal government dropped four major final rules this week that the senior living and care industry is calling “flawed,” “aggressive” and...
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.