New company, 603Healthcare, assumes management of eight Genesis HealthCare properties
By
Kathleen Steele Gaivin
Sep 04, 2024
603Healthcare has assumed management of eight former Genesis HealthCare-owned senior living and care properties in New Hampshire, 603Healthcare announced Monday.
First facility assessment deadline leaves gaping questions about surveyor intent
By
Kimberly Marselas
Aug 14, 2024
Skilled nursing providers across the country were required late last week to complete their first enhanced facility assessment.
‘Remarkable year’ so far for Capital Funding Group includes $440 million in deal closings
By
Kathleen Steele Gaivin
Aug 13, 2024
Capital Funding Group closed more $440 million in healthcare bridge loans, HUD loans and other deals in the first half of the year, including millions in senior living and care transactions, the company...
How a growing nursing home company relies on superstar adopters to bust through tech barriers
By
Kimberly Marselas
Aug 07, 2024
At a time when many US nursing home staff express frustration with new burdens technology can bring, Mission Health is leaning in.
Long-term care corporate executives see 2.81% salary increase
By
Lois A. Bowers
Feb 18, 2020
Long-term care corporate executives saw an average salary increase of 2.81% in 2019, according to data released Friday by the Hospital & Healthcare Compensation Service.
Warren launches investigation into for-profit nursing homes after Genesis CEO bonus
By
Danielle Brown
Mar 19, 2021
A top U.S. lawmaker on Wednesday intensified her fiery attacks on beleaguered Genesis HealthCare’s issuance of a hefty bonus to a departing long-time CEO, even as the company was flailing amid the devastation...
Increased pay among SNF execs likely to stick around: experts
By
Liza Berger
Oct 29, 2020
Although the pandemic has had a negative effect on many aspects of long-term care, skilled nursing executives’ salaries may not be one of them. COVID-19 actually is pushing up industry executives’...
Brookdale finds itself in the midst of another federal inquiry, this time about skilled nursing
By
Lois A. Bowers
May 07, 2024
The country’s largest senior living company on Sunday found itself the subject of an inquiry related to a new federal mandate for minimum staffing at nursing homes. Brookdale Senior Living President...
Popularity of home health, home care forces other long-term care providers to step up game, execs say
By
Diane Eastabrook
Jun 09, 2021
Acknowledging increased competition from home health and home care providers, executives from long-term care companies said they’re focusing on innovation and creativity to compete for clients.
Senior Housing Properties Trust to sell stand-alone SNFs, proceed with Five Star restructuring as planned
By
Lois A. Bowers
May 10, 2019
Senior Housing Properties Trust is selling all of its stand-alone skilled nursing facilities as part of an “aggressive disposition plan,” but hopes to capitalize on the expected demand for senior housing,...