CareTrust REIT is ‘locked and loaded to grow,’ CEO says
By
Lois A. Bowers
May 06, 2024
The overall financial environment, $345 million in cash on hand and an undrawn $600 million line of credit mean that CareTrust REIT is “locked and loaded to grow in a meaningful way for the next few...
Assisted living mental health services fell between 2019 and 2020, study finds
By
Kristen Fischer
Apr 25, 2024
Mental health visits for assisted living residents living with dementia dropped as the pandemic set in, a new study finds.
Long-term care pharmacies forced to borrow to buy resident drugs, close as intermediaries tighten grip...
By
Kimberly Marselas
Apr 08, 2024
Long-term care resident access to prescription drugs is being squeezed as several market and regulatory factors have combined to increase the power that pharmacy benefit managers have over the specialized...
‘Misallocation’ of COVID-19 vaccines led to preventable deaths of older adults: study
By
Kimberly Bonvissuto
Apr 16, 2024
Older adults in New York City may have missed out on timely COVID-19 vaccinations — and possibly died — due to a misallocation of resources that allowed younger adults in wealthy neighborhoods to jump...
ASHA, Argentum part of coalition calling for policies to expand housing supply
By
Kimberly Bonvissuto
May 02, 2024
A broad coalition of senior living industry advocates and other housing-related groups is calling on Congress and the White House to expand the supply of affordable housing while lowering costs for providers.
Labor Department announces final overtime rule
By
Kimberly Bonvissuto
Apr 23, 2024
The Department of Labor announced a final rule that expands overtime protections for millions of salaried workers beginning this summer.
Ventas plans to expand senior living footprint, building on ‘unprecedented’ growth opportunity
By
Kimberly Bonvissuto
May 03, 2024
Ventas is benefiting from the “unprecedented” multi-year senior living growth opportunity that continues to gain traction and is committed to expanding its footprint in senior living in the coming...