Appeals Court deadlines mean decision on OSHA mandate unlikely before Dec. 10
By
Kathleen Steele Gaivin
Nov 30, 2021
It’s unlikely that the 6th Circuit Court of Appeals will lift a stay on the Occupational Health and Safety Administration’s COVID-19 vaccine and testing mandate before Dec. 10, given deadlines set…
CMS vaccine mandate blocked in 10 states by federal judge
By
Danielle Brown
Nov 30, 2021
The Biden administration’s COVID-19 vaccination mandate for healthcare workers has been at least temporarily halted in 10 states following an order issued by a federal judge Monday afternoon.
COVID booster shots must be available to all long-term care residents: governor
By
Kathleen Steele Gaivin
Nov 30, 2021
Bracing for the new omicron variant of COVID-19 to make its way across the border from Canada, the governor of New York is stepping up efforts to get booster shots into the arms of long-term care residents.
Business briefs, Nov. 30
By
Kathleen Steele Gaivin
Nov 30, 2021
Protesters rally against COVID vaccine mandate for healthcare workers at multiple MT locations … Gaylord senior living community to change management in 2022 … Reno, NV, intergenerational complex under…
Actions & Transactions, Nov. 30
By
Kathleen Steele Gaivin
Nov 30, 2021
National Church Residences gets $27M in bond financing to convert Columbus, OH, church into senior living community … Standard Communities purchases controlling interest in RI affordable senior housing…
3 more states join lawsuit challenging CMS COVID-19 vaccine mandate
By
Kathleen Steele Gaivin
Nov 29, 2021
Attorneys general in Indiana, Kentucky and Ohio joined more than a dozen states last week in challenging the legality of the Centers for Medicare & Medicaid Services’ mandate of COVID-19 vaccines for…
Operator to spend $2.5 million to raise minimum wage, adjust pay for others at its communities
By
Kathleen Steele Gaivin
Nov 29, 2021
Richamond, VA-based Pinnacle Living expects to spend $2.5 million on an initiative that will see the minimum starting wage increase to $15 and wages adjusted for other employees at its retirement communities,…
Immigration slowdown hurting U.S. labor market, experts say
By
Kathleen Steele Gaivin
Nov 29, 2021
As long-term care providers struggle to find workers amid the coronavirus pandemic, many experts say that easing immigration rules could aid the labor market and help economic growth as the U.S. economy…
Business briefs, Nov. 29
By
Kathleen Steele Gaivin
Nov 29, 2021
Provider Relief Fund reporting deadline tomorrow … Long-term care operators paying higher liability costs since pandemic … CMS penalties trending upward for SNFs: NIC
Actions & Transactions, Nov. 29
By
Kathleen Steele Gaivin
Nov 29, 2021
Rheingold Senior Residences breaks ground in Brooklyn, NY … Impact Strategies breaks ground on senior living community in Missouri … Washington-based developer in escrow to purchase California property…
Biden administration petitions court to reverse stay on OSHA vaccination mandate
By
Kathleen Steele Gaivin
Nov 24, 2021
The Biden administration in court papers filed early Tuesday urged the Cincinnati-based 6th Circuit Court of Appeals to dissolve a workplace COVID-19 vaccine and testing mandate ordered by another court.
Labor Department launches initiative to ensure providers pay ‘rightful’ wages to caregivers
By
Kathleen Steele Gaivin
Nov 24, 2021
The U.S. Department of Labor announced Tuesday the launch of an ongoing education, outreach and enforcement initiative to ensure that employers pay caregivers “their rightful wages and honor all protections…
Minnesota governor activates National Guard to support skilled nursing facilities
By
Kathleen Steele Gaivin
Nov 24, 2021
Minnesota Gov. Tim Walz (D) is activating the state’s National Guard to form skilled nursing “response teams” that will provide support to facilities experiencing worker shortages. He also is proposing…
Business briefs, Nov. 24
By
Kathleen Steele Gaivin
Nov 24, 2021
Senior living providers among recipients of $7.5 billion in American Rescue Plan Rural COVID-19 relief funding … Sumitomo Mitsui Financial Group downgrades Ventas to ‘neutral’ … Fitch Ratings affirms…
Actions & Transactions, Nov. 24
By
Kathleen Steele Gaivin
Nov 24, 2021
Evans Senior Investments sale of $7.1M sale of WV senior living community … Three acquisitions spur National Church Residences’ Atlanta expansion … IntegraCare breaks ground on senior living…
Phase 4 Provider Relief Funds awards coming a little later than previously announced
By
Kathleen Steele Gaivin
Nov 23, 2021
Phase 4 COVID-19 Provider Relief Funds payments, previously expected to begin in mid-November, will be dispersed beginning sometime in December and continuing through January, according to the Health Resources…
Federal judge rejects Florida AG’s case to block vaccination rule for healthcare workers
By
Kathleen Steele Gaivin
Nov 23, 2021
U.S. District Judge M. Casey Rodgers on Saturday denied a motion by Florida Attorney General Ashley Moody asking for a preliminary injunction or temporary restraining order against the Centers for Medicare…
CT Health Department fines more than 100 long-term care facilities for noncompliance with COVID-19 reporting…
By
Kathleen Steele Gaivin
Nov 23, 2021
More than 100 long-term care facilities in Connecticut have been fined a total of $19,000 to date for failure to report their compliance with Gov. Ned Lamont’s (D) executive order 13F that gave long-term…
Business briefs, Nov. 23
By
Kathleen Steele Gaivin
Nov 23, 2021
As COVID-19 booster shots become available to all adults, long-term care operators encourage workers to get them, ponder new mandates … More oversight of private equity nursing homes warranted, study…
Actions & Transactions, Nov. 23
By
Kathleen Steele Gaivin
Nov 23, 2021
Ziegler closes $16.6M financing for Oak Hammock at the University of Florida … Traverse City, MI, assisted living community to close by month’s end … Construction begins on affordable housing complex…
Immigration restructuring could ease long-term care workforce crisis, industry coalition tells State…
By
Kathleen Steele Gaivin
Nov 22, 2021
Prioritizing immigration visas for nurses, waiving immigration visa interviews and expanding in-person interviews to allow for virtual interviews would help address workforce challenges facing long-term…
Corporate university reduces staff turnover for one provider
By
Kathleen Steele Gaivin
Nov 22, 2021
Recent surveys show that staff retention is a prime concern for long-term care providers, and workers have noted that more training and learning opportunities, rather than a salary increase, would improve…
HJ Sims raises $398 million for university-based life plan community under construction
By
Kathleen Steele Gaivin
Nov 22, 2021
Fairfield, CT-based investment bank and wealth management firm HJ Sims closed this month on a $398.1 million tax-exempt and taxable bond issue for a new life plan community being constructed on the grounds…
Business briefs, Nov. 22
By
Kathleen Steele Gaivin
Nov 22, 2021
DAC Acquisition completes acquisition of Diversicare Healthcare Services … AHCA documentary showcases challenges, heroes of pandemic in nursing homes … Nazareth Home wins 2021 Best of Best of Kentucky…
Actions & Transactions, Nov. 22
By
Kathleen Steele Gaivin
Nov 22, 2021
Ziegler closes $39.4 financing for Simpson Series E bonds … Life Care Services to manage 3 DE long-term care communities … Ridge Senior Living to transition to self-management Jan. 1 … Shell Harbor…
Lead volumes improving, construction lending is increasing: NIC survey
By
Kathleen Steele Gaivin
Nov 19, 2021
Lead volumes are heading toward pre-pandemic levels, and construction lending is on the rise, according to Wave 34 of the Executive Survey released Thursday by the National Investment Center for Seniors…
Senior living defaults at record high in municipal bond market
By
Kathleen Steele Gaivin
Nov 19, 2021
Senior living communities are defaulting on municipal bonds more than ever before, Bloomberg reports.
Federal vaccine mandate raises constitutional concerns; lawsuits combine into one big case
By
Kathleen Steele Gaivin
Nov 19, 2021
Wednesday’s announcement from the Department of Labor’s Occupational Safety and Health Administration that it is suspending enforcement of its COVID-19 vaccination and testing emergency temporary…
Business briefs, Nov. 19
By
Kathleen Steele Gaivin
Nov 19, 2021
Atria, Holiday top list as 439 senior living communities named ‘Caring Stars of 2022’ … Florida lawmakers pass bill restricting vaccine mandates … Argentum joins Pennsylvania Assisted Living…
Actions & Transactions, Nov. 19
By
Kathleen Steele Gaivin
Nov 19, 2021
Matthews Glen begins construction on $59M expansion project … Atria Senior Living, Related Companies unveil Coterie Cathedral Hill … New Perspective expands to Indiana
DHC completes management transition of former Five Star communities; operator exits skilled nursing
By
Kimberly Bonvissuto
Nov 18, 2021
Ahead of schedule, Diversified Healthcare Trust announced late Wednesday that it completed the management transitions for 107 of senior living communities formerly managed by Five Star Senior Living. The…
Provider expands services into home care for residents, others
By
Kathleen Steele Gaivin
Nov 18, 2021
Eden Prairie, MN-based American Baptist Homes of the Midwest is expanding into offering home care services for its residents as well as to other older adults looking to stay in their traditional homes…
Diversified Healthcare Trust ‘well positioned’ following Five Star community transitions, RMR CEO…
By
Kathleen Steele Gaivin
Nov 18, 2021
Diversified Healthcare Trust is “well positioned to unlock value and improve performance within its senior living portfolio,” RMR Group President and CEO Adam Portnoy said during the company’s third-quarter…
Kayne Anderson Real Estate raises $2.75 billion for its largest-ever closed-end fund
By
Kathleen Steele Gaivin
Nov 18, 2021
Kayne Anderson Real Estate announced Tuesday that it had closed its sixth opportunistic equity fund, Kayne Anderson Real Estate Partners VI, L.P. (KAREP VI), with $2.75 billion in capital commitments….
Business briefs, Nov. 18
By
Kathleen Steele Gaivin
Nov 18, 2021
Florida Senate considers bill to reduce by more than half the time LTC facilities are required to have licensed nurses on duty … SAGE board dedicates $1M to support transgender elders … DC drops indoor…
Actions & Transactions, Nov. 18
By
Kathleen Steele Gaivin
Nov 18, 2021
Evans Senior Investments arranges $6.5M sale of Quail Creek, OK, senior living community … Ensign Group acquires skilled nursing facilities, assisted living communities in 3 states … Sunrise of Franklin…
OSHA suspends implementation of COVID-19 vaccine mandate for businesses
By
Lois A. Bowers
Nov 17, 2021
The Department of Labor’s Occupational Safety and Health Administration says that it is suspending enforcement of its COVID-19 vaccination and testing emergency temporary standard after a court ordered…
Operator livelihood threatened: 52% of workers fall behind retirement saving plans
By
Kathleen Steele Gaivin
Nov 17, 2021
More than half of working Americans responding to a recent Bankrate survey say they are behind on saving for retirement, and many have dipped into their retirement savings early. That could mean less money…
12 more states sue to block CMS vaccine mandate
By
Kathleen Steele Gaivin
Nov 17, 2021
A group of 12 states filed a lawsuit Monday against the Biden administration in an attempt to block its vaccine mandate for healthcare workers, asserting that the requirement is unconstitutional and violates…
Regional Health Properties ends quarter with ‘healthy cash balance’
By
Kathleen Steele Gaivin
Nov 17, 2021
Regional Health Properties ended the third quarter “with a healthy cash balance” and collected 97.4% of the cash rent it was owed contractually for the quarter, the company said Monday.
