Ransomware attacks rise 13 percent year over year: Verizon
By
Kathleen Steele Gaivin
Jun 01, 2022
Cyber threats are on the rise, according to the Verizon Business 2022 Data Breach Investigations Report.
Nursing homes previously sued for Medicare fraud received hundreds of millions in coronavirus relief...
By
Amy Novotney
Aug 05, 2020
For-profit nursing home operators that have faced accusations of Medicare fraud and kickbacks in recent years received more than $300 million in coronavirus relief payments, according to a Washington Post...
Small-business owners could face challenges related to PPP loan forgiveness
By
Amy Novotney
May 06, 2020
The Small Business Administration’s Paycheck Protection Program has been plagued by technical glitches and complaints of misallocated funds, but many experts say the biggest challenges may come when...
Occupancy, operator fundamentals biggest variable when it comes to accessing capital: Marcus & Millichap
By
Amy Novotney
Sep 09, 2020
Capital costs are being driven by two factors. One is pandemic-related occupancy losses. The other is property characteristics. That’s according to Andrew Van Zee, an investment broker with the Knapp...
Chicago launches accessory dwelling unit pilot program to help ease housing shortage
By
Amy Novotney
May 04, 2021
Applications are now being accepted from property owners in five pilot areas in the city of Chicago to allow for the creation of accessory dwelling units, or ADUs, in an effort to expand housing across...
Operators need $100 billion to cover COVID costs, industry group says
By
Lois A. Bowers
Jul 22, 2020
Assisted living and skilled nursing providers need $100 billion from the Coronavirus Aid, Relief, and Economic Security Act Provider Relief Fund to cover the “enormous costs associated with protecting...
Earnings call wrap-up: Senior living operators and REITs offer cautious optimism toward pandemic recovery
By
Amy Novotney
May 10, 2021
Amid a flurry of first-quarter earnings reports released last week, several senior living operators and real estate investment trusts announced a start to occupancy uptick and possible post-pandemic growth.
Many operators have not sought PPP loan forgiveness: Ziegler
By
Amy Novotney
Aug 26, 2020
Many senior living recipients of Paycheck Protection Program loans have not filed applications for loan forgiveness, according to data compiled by specialty investment bank Ziegler.
Five Star residents to receive home care via new collaboration
By
Kathleen Steele Gaivin
Dec 20, 2021
Newton, MA-based Five Star Senior Living will bring on-demand, acute medical care directly to its independent living, assisted living and memory care community residents through a new collaboration with...
Many nursing home providers using sign-on bonuses to attract, retain workers
By
Kathleen Steele Gaivin
Aug 02, 2022
With turnover up 25% this year compared with last year, many nursing home providers are using sign-on bonuses to attract and retain workers, according to survey results shared as part of the 45th annual...