Employers could see healthcare costs rise 10% next year: PwC
By
Amy Novotney
Jun 30, 2020
Employers are likely to face an increase in medical costs of between 4% and 10% for their employees in 2021, according to a new report from PricewaterhouseCoopers.
Business briefs for Tuesday, Dec. 1
Dec 01, 2020
More than 50% of seniors have been targeted by Social Security scams in the past three months … Senior living communities helping drive demand for ultraviolet-C lighting … Unemployment insurance linked...
Confluent, MorningStar break ground on new community incorporating infection control design changes
By
Amy Novotney
Jan 28, 2021
Co-developers Confluent Senior Living and MorningStar Senior Living broke ground Wednesday on the development of an urban infill community in Denver’s Observatory Park neighborhood.
‘Our industry will forever be better and stronger’ as a result of COVID-19: Invesque CEO
By
Amy Novotney
Dec 15, 2020
The senior living industry will emerge from the COVID-19 pandemic with a greater appreciation for the value of its care providers and the myriad of unique and necessary services provided in the facility...
Preventive measures could pay off for senior living provider
By
Amy Novotney
Apr 13, 2020
McMinnville, OR-based senior living provider The Springs Living already has spent approximately $300,000 to date on efforts to prevent the spread of COVID-19 within its communities, and company executives...
Business briefs for Monday, May 4
By
Amy Novotney
May 04, 2020
Poll: Two-thirds of Americans don’t feel comfortable returning to their workplaces yet
… Experts: COVID-19 may not drastically affect Social Security benefits … More U.S. workers concerned about...
Regional Health Properties collects first quarter rent, but COVID-19 concerns remain
By
Amy Novotney
Jun 18, 2020
Suwanee, GA-based Regional Health Properties said the real estate investment trust has received most of its rental receipts from tenants through June but faces a number of uncertainties as it considers...
‘Going concern’ doubts raised by Genesis, Signature prompt write-down by Omega, potential write-off...
By
Amy Novotney
Sep 28, 2020
Omega Healthcare Investors announced Thursday that it will move to a cash-basis accounting method for tenants Genesis Healthcare and Agemo Holdings LLC (f/k/a Signature Healthcare). The move comes as Omega...
Business briefs for Tuesday, Feb. 2
Feb 02, 2021
LeadingAge urges Treasury to consider older adults in $25 billion rent relief program … Fitch revises rating outlook for Sabra to stable from negative and affirms the ratings for Sabra’s debt as ‘BBB-‘...
HHS to issue reporting requirements for provider relief funds
By
Amy Novotney
Jul 27, 2020
Last week the U.S. Department of Health and Human Services released a notice acknowledging that more detailed Provider Relief Fund reporting guidance and materials will be released on Aug. 17. In the short,...