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Operators with extenuating circumstances get extended deadline to report PRF payments
Operators with extenuating circumstances get extended deadline to report PRF payments
By
Kathleen Steele Gaivin
Nov 23, 2022

Providers who failed, due to extenuating circumstances, to report on time how they used Provider Relief Fund payments are in luck. The Health Resources and Services Administration re-opened the PRF Reporting…

Apply for a job at your own organization ‘to evaluate processes, barriers and opportunities,’ committee says
Apply for a job at your own organization ‘to evaluate processes, barriers and opportunities,’ committee…
By
Kathleen Steele Gaivin
Nov 23, 2022

The American Hospital Association’s American Organization for Nursing Leadership affiliate this week released the first section in a three-part compendium that will focus on best practices to manage…

Sonata Senior Living expands Serenades for Her, memory care exclusively for women
Sonata Senior Living expands Serenades for Her, memory care exclusively for women
By
Kathleen Steele Gaivin
Nov 23, 2022

What started as a one-and-done memory care unit for women at one Sonata Senior Living property, Serenades for Her has expanded to two additional properties in Florida, with a third in the pipeline.

Business briefs, Nov. 23
Business briefs, Nov. 23
By
Kathleen Steele Gaivin
Nov 23, 2022

Ohio lawmakers consider legislation to infuse millions of dollars into nursing homes … Feds suspend sale of long-term care insurance to its employees for 2 years … Supreme Court declines to hear nursing…

Actions & Transactions, Nov. 23
Actions & Transactions, Nov. 23
By
Kathleen Steele Gaivin
Nov 23, 2022

TWG plans $13M affordable housing project for seniors in Murray, UT … SeaCrest Wealth Management acquires 4,170 shares of Sabra stock, valued at approximately $58,000 … Cushman & Wakefield arranges…

Insurance companies pocketing millions in overpayments through their Medicare Advantage subsidiaries, audits find
Insurance companies pocketing millions in overpayments through their Medicare Advantage subsidiaries,…
By
Kathleen Steele Gaivin
Nov 22, 2022

The Centers for Medicare & Medicaid Services released the results of 90 audits of Medicare Advantage plans. The federal audits discovered $12 million in net overpayments for the care of 18,090 patients…

Senior living diversifying as it matures: NIC
Senior living diversifying as it matures: NIC
By
Kathleen Steele Gaivin
Nov 22, 2022

Numerous factors are helping the senior housing industry evolves and matures. That’s according to the National Investment Center for Seniors Housing & Care.

Brookdale’s $125M offering of tangible equity units causing concern for investors
Brookdale’s $125M offering of tangible equity units causing concern for investors
By
Kathleen Steele Gaivin
Nov 22, 2022

Brookdale Senior Living’s recent announced that it began a public offering of 2.5 million tangible equity units, with an aggregate stated amount of $125 million, is fueling concerns among some investors,…

Business briefs, Nov. 22
Business briefs, Nov. 22
By
Kathleen Steele Gaivin
Nov 22, 2022

Just 16% of Americans are preparing for their own long-term care needs: survey … Senior living community moves toward cleaner energy with new electric bus … More Medicare Advantage plans to add in-home…

Actions & Transactions, Nov. 22
Actions & Transactions, Nov. 22
By
Kathleen Steele Gaivin
Nov 22, 2022

NHI provides $42.5M to refinance SNF portfolio in Texas … Merchants Capital provides $15.5M HUD-insured loan for East Chicago affordable senior housing community … Hunt Capital provides $13.6M in LIHTC…

Recovery more robust for home health than nursing homes: health spending brief
Recovery more robust for home health than nursing homes: health spending brief
By
Kathleen Steele Gaivin
Nov 21, 2022

Health spending in September accounted for approximately 17.4% of the nation’s gross national product. Nursing home and home healthcare represented 1.3% of that 17.4%. Those numbers are according to…

Healthcare staffing crisis isn’t pandemic-related phenomenon, union says
Healthcare staffing crisis isn’t pandemic-related phenomenon, union says
By
Kathleen Steele Gaivin
Nov 21, 2022

Nurses and other healthcare workers are leaving the profession in record numbers. And that isn’t just a pandemic-related phenomenon, according to a report released Thursday by the American Federation…

REITs ‘well-positioned’ for rising interest rates, but not in healthcare: report
REITs ‘well-positioned’ for rising interest rates, but not in healthcare: report
By
Kathleen Steele Gaivin
Nov 21, 2022

Overall, real estate investment trusts are “well positioned’ in an environment of increasing interest rates, according to National Association of Real Estate Investment Trusts Executive Vice President…

Business briefs, Nov. 21
Business briefs, Nov. 21
By
Kathleen Steele Gaivin
Nov 21, 2022

Ventas receives DEI award for 6th year in a row … Watercrest chef recognized by Senior Dining Association … Labor Department recovers $1.2M in back wages for 599 home health workers … Unlicensed…

Actions & Transactions, Nov. 21
Actions & Transactions, Nov. 21
By
Kathleen Steele Gaivin
Nov 21, 2022

Churchview loan restructuring approved … Blueprint facilities sale of 3-SNF portfolio in Ohio … Ziegler advises Nesnah Ventures on the sale of Cannon Rivers Senior Living in Cannon Falls, MN … Inspirit…

ADA case awards damages to fired nursing home laundry tech with anxiety
ADA case awards damages to fired nursing home laundry tech with anxiety
By
Alicia Lasek
Nov 18, 2022

A Nashville, TN, nursing facility violated the Americans with Disabilities Act when it fired a laundry technician with documented anxiety and must pay compensatory damages, a jury has decided.

American Healthcare REIT ‘optimistic’ about senior housing despite third-quarter performance
American Healthcare REIT ‘optimistic’ about senior housing despite third-quarter performance
By
Alicia Lasek
Nov 18, 2022

Senior housing remains a “challenge,” but American Healthcare REIT is expecting to rebuild occupancy across its portfolio as inflationary pressures ease, the company told investors in a third-quarter…

Women’s retirement security undercut by pandemic job disruption, caregiving tasks and debt: survey
Women’s retirement security undercut by pandemic job disruption, caregiving tasks and debt: survey
By
Alicia Lasek
Nov 18, 2022

As they emerge from the pandemic, women are facing a heavy burden of retirement insecurity due to societal factors that include a persistent gender pay gap, time out of the workforce for caregiving, and…

Business briefs, Nov. 18
Business briefs, Nov. 18
By
Alicia Lasek
Nov 18, 2022

Senior living move-ins slowing, with independent living posting fifth consecutive decrease: NIC … DOJ targets state’s housing of mentally ill in nursing homes … Senators introduce bill to…

Updated: 22 states petition CMS to repeal COVID-19 vaccine mandate for healthcare workers
Updated: 22 states petition CMS to repeal COVID-19 vaccine mandate for healthcare workers
By
Lois A. Bowers
Nov 17, 2022

A coalition of 22 states led by Montana Attorney General Austin Knudsen (R), today formally called on the Biden administration to withdraw its COVID-19 vaccine mandate for nursing home and other healthcare…

This senior living community has celebrity chef, restaurant open to public
This senior living community has celebrity chef, restaurant open to public
By
Kathleen Steele Gaivin
Nov 17, 2022

When The Hacienda at Georgetown opens near Austin, TX, in early 2023, the amenities on the 13-acre campus will include fine-dining meals prepared by celebrity chef Stephan Pyles.

$28.6M+ recovered in first year of DOL investigations of senior living and care industry
$28.6M+ recovered in first year of DOL investigations of senior living and care industry
By
Kathleen Steele Gaivin
Nov 17, 2022

A Department of Labor initiative launched a year ago as of Wednesday has recovered more than $28.6 million in back wages and damages as well as assessments of $1.3 million in civil monetary penalties from…

Fitch Ratings: Record-high staffing shortages hamper long-term care operations
Fitch Ratings: Record-high staffing shortages hamper long-term care operations
By
Kathleen Steele Gaivin
Nov 17, 2022

Record-high staffing shortages continue to challenge continuing care retirement / life plan communities, assisted living communities and nursing care facilities, and payrolls remain well below pre-pandemic…

Business briefs, Nov. 17
Business briefs, Nov. 17
By
Kathleen Steele Gaivin
Nov 17, 2022

Brookdale Senior Living begins $125M public offering of tangible equity units … Brookdale, Enlivant, LCS tops in JD Power 2022 Senior Living Satisfaction Study … Fitch Ratings revises outlook on Ashland…

Actions & Transactions, Nov. 17
Actions & Transactions, Nov. 17
By
Kathleen Steele Gaivin
Nov 17, 2022

$16M affordable senior housing project underway in PA after 9-month delay … Blueprint sells 2 SNFs on Chesapeake Bay … Kirko completes first senior living community in Michigan … Braintree Properties,…

Great Elm Capital, Berkadia launch joint venture healthcare financing group
Great Elm Capital, Berkadia launch joint venture healthcare financing group
By
Kathleen Steele Gaivin
Nov 16, 2022

Great Elm Capital Corp. and an affiliate of Berkadia Commercial Mortgage will form Great Elm Healthcare Finance in a joint venture to provide venture capital to companies focused on skilled nursing facilities…

North American to focus on rebuilding after ending ‘untenable’ master lease with Sabra Health Care REIT
North American to focus on rebuilding after ending ‘untenable’ master lease with Sabra Health Care…
By
Kathleen Steele Gaivin
Nov 16, 2022

Mission Viejo, CA-based North American Health Services said Tuesday that it is preparing to transfer 24 skilled nursing facilities in California and Washington that were part of an “untenable” master…

Griffin-American Healthcare REIT funds merge, rebrand as American Healthcare REIT
Griffin-American Healthcare REIT funds merge, rebrand as American Healthcare REIT
By
Kathleen Steele Gaivin
Nov 16, 2022

Griffin-American Healthcare REIT III Inc. and Griffin-American Healthcare REIT IV became one entity on Oct. 1, the real estate investment trust reiterated this week in its quarterly report to the Securities…

Business briefs, Nov. 16
Business briefs, Nov. 16
By
Kathleen Steele Gaivin
Nov 16, 2022

Pennant Group seeks new CFO … 329 senior living communities named ‘Caring Stars’ for 2023 … Alzheimer’s Association looking for SNFs, ALFs for Ohio study … Collegeville, PA, assisted living…

Actions & Transactions, Nov. 16
Actions & Transactions, Nov. 16
By
Kathleen Steele Gaivin
Nov 16, 2022

Cambridge Realty Capital Companies provides $10.4M HUD Lean loan for Iowa long-term care facility … National Church Residences invests $6M in affordable senior housing in Ohio, Florida … National Church…

Good Sam, Ebenezer parent organizations to merge
Good Sam, Ebenezer parent organizations to merge
By
Kimberly Bonvissuto
Nov 15, 2022

The parent companies of two of the largest not-for-profit senior living and care organizations in the country announced their intention to merge Tuesday.

Physician groups ‘concerned’ about bill to expand nonphysicians’ scope of practice in SNFs
Physician groups ‘concerned’ about bill to expand nonphysicians’ scope of practice in SNFs
By
Kathleen Steele Gaivin
Nov 15, 2022

Seventy-six medical associations have expressed their opposition to pending legislation that would expand nonphysician practitioners’ scope of practice, including in nursing homes.

Legislation to address nursing home workforce shortages finds new supporter
Legislation to address nursing home workforce shortages finds new supporter
By
Kathleen Steele Gaivin
Nov 15, 2022

The Building America’s Health Care Workforce Act, introduced in May by Reps. Brett Guthrie (R-KY), Madeline Dean (D-PA) and David McKinley (R-WV), still awaits action in the House of Representatives…

Nursing, residential care facilities see drop in employer-reported illnesses year over year
Nursing, residential care facilities see drop in employer-reported illnesses year over year
By
Kathleen Steele Gaivin
Nov 15, 2022

Nursing and residential care facilities saw a year-over-year decrease in employer-related workplace illnesses, from 7.9 cases per 100 full-time equivalent employees in 2020 to four cases per 100 FTE employees…

Business briefs, Nov. 15
Business briefs, Nov. 15
By
Kathleen Steele Gaivin
Nov 15, 2022

Labor management, rate increases help drive 6th consecutive quarter of growth for Sonida … AMDA, other healthcare associations release toolkit covering COVID-19 vaccination, therapeutics in long-term…

Actions & Transactions, Nov. 15
Actions & Transactions, Nov. 15
By
Kathleen Steele Gaivin
Nov 15, 2022

Evans Senior Investments arranges sale of Allentown, PA, assisted living community … Columbia, MO, assisted living community closing with 30 days’ notice

COVID-19 public health emergency will not end in January: reports
COVID-19 public health emergency will not end in January: reports
By
Lois A. Bowers
Nov 14, 2022

The public health emergency due to COVID-19 will not end in January, according to published reports.

Alwan leaves ‘gratifying’ experience at LeadingAge to start private consulting service
Alwan leaves ‘gratifying’ experience at LeadingAge to start private consulting service
By
Kathleen Steele Gaivin
Nov 14, 2022

After 15 years of full-time employment with LeadingAge, and several years of consulting before that, Majd Alwan, PhD, is branching out on his own.

Eligibility for H-2B visa programs updated for next year
Eligibility for H-2B visa programs updated for next year
By
Kathleen Steele Gaivin
Nov 14, 2022

The Department of Homeland Security has announced which countries’ nationals can come to the United States via the H-2B visa program in the next year.

AARP: Older adults’ contribution to global GDP expected to increase dramatically by 2050 
AARP: Older adults’ contribution to global GDP expected to increase dramatically by 2050 
By
Kathleen Steele Gaivin
Nov 14, 2022

Older adults contributed $45 trillion to the global gross domestic product in 2020, according to AARP’s recently released Global Longevity Economy Outlook.