REIT ownership linked to decline in RN staffing, increases in LPN, CNA use
By
Kathleen Steele Gaivin
Jan 27, 2023
Nursing homes, after being purchased by a real estate investment trust, are likely to see increases in licensed practical nurse and certified nursing assistant staff hours per resident day of 2.15% and...
Truewood middle-market brand expands with 6 former Holiday properties
By
Ron Rajecki
Apr 18, 2022
Merrill Gardens’ middle-market brand, Truewood by Merrill, has expanded with six independent living communities formerly managed by Holiday Retirement and, more recently, by Atria Senior Living.
Business briefs for Monday, April 13
Apr 13, 2020
CMS proposes 2.3% Medicare increase for 2021 … Welltower and HCR ManorCare founder Fritz Wolfe dies … NIC MAP: Senior living occupancy falls slightly in first quarter … BMO Harris provides $12.3M...
Welltower exits real estate relationship with Genesis
By
Amy Novotney
Mar 03, 2021
Welltower is largely ending its operating relationship with skilled nursing operator Genesis HealthCare, the real estate investment trust announced late Tuesday.
SavaSeniorCare, Welltower, CareTrust divest from skilled nursing
By
Kathleen Steele Gaivin
Jan 03, 2023
SavaSeniorCare is set to transition the remaining five skilled nursing facilities in its portfolio to other operators by the end of January, in what seems to be a trend in long-term care that also involves...
Partnerships critical to serving middle-income older adults, NIC speakers say
By
Lois A. Bowers
Mar 06, 2020
Panelists discussed how to cost-effectively deliver healthcare to middle-income older adults in senior housing on Thursday at the NIC Spring Conference.