Impact of dockworker strike on medicine, medical device supply currently assessed as ‘limited’
By
Kathleen Steele Gaivin
Oct 03, 2024
Supply chains could be disrupted by striking dockworkers at the country’s East Coast and Gulf Coast seaboards, but the Department of Health and Human Services said Monday that preliminary assessments...
Life plan community outlook ‘deteriorating’ in 2023: Fitch Ratings
By
Kathleen Steele Gaivin
Dec 07, 2022
The outlook for continuing care retirement / life plan communities is “deteriorating” due to continued labor challenges and a “softening broader economy.” That’s according to a newly released...
$1.6 million grant will help older workers train for CNA, other healthcare roles
By
Kathleen Steele Gaivin
Oct 11, 2023
The National Council on Aging has received a $1.6 million AmeriCorps Seniors grant to test a program to train adults aged 55 or more years to become certified nurse assistants, electrocardiogram technicians...
Inflation, staffing pose pressures for not-for-profit life plan communities: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 29, 2022
The not-for-profit continuing care / life plan communities sector has “broadly recovered” from pandemic stressors, but challenges lie ahead. That’s according to a new report from Fitch Ratings.
CCRC demand remains robust: Fitch
By
Kathleen Steele Gaivin
Sep 09, 2022
Favorable demographic trends, with more Americans reaching retirement age, the ability to absorb cost inflation and good access to capital markets, will keep the continuing care retirement / life plan...
Rate surge seen as threat to middle market enthusiasm
By
Kathleen Steele Gaivin
Sep 27, 2022
Many senior living and care providers across the country have raised their rates this year, as inflation continues to drive expenses for staples such as food, supplies and energy.
Recession could exacerbate ‘deteriorating’ outlook for CCRCs: Fitch
By
Kathleen Steele Gaivin
Sep 19, 2023
A possible recession is looming around the corner and could spell trouble for continuing care retirement / life plan communities, according to a report released Monday by Fitch Ratings.
Proposed merger ‘best path forward’ for DHC, REIT says, but shareholder group disagrees
By
Kathleen Steele Gaivin
May 24, 2023
The “inconsistent” performance of the senior housing properties in Diversified Healthcare Trust’s portfolio is one reason that the Newton, MA-based real estate investment trust’s previously announced...
CareTrust REIT expands operational footprint with 7 acquisitions
By
Kathleen Steele Gaivin
Jun 05, 2023
San Clemente, CA-based CareTrust REIT is expanding its operational footprint and provider relationships with seven acquisitions, the real estate investment trust announced Friday.
Private capital represents increasing share of senior housing investment: report
By
Kathleen Steele Gaivin
Jan 26, 2023
Institutional investors are making up a smaller share of senior housing buyers than in years past, according to JLL’s Valuation Advisory group’s sixth annual Seniors Housing Investor Survey and Outlook.