Pandemic forcing nursing homes across the country to close
By
Amy Novotney
Jan 20, 2021
COVID-related financial challenges have contributed to additional nursing home closures across the country, putting the care of residents in jeopardy.
Business briefs for Monday, Dec. 21
Dec 21, 2020
Walgreens, CVS begin mass vaccinations at long-term care facilities today … Only 14% of nursing homes plan to mandate COVID-19 vaccine for staff: McKnight’s survey … Nursing home spending down 9.8%...
AHCA warns that two-thirds of nursing homes are operating at a loss
By
Amy Novotney
Dec 17, 2020
The COVID-19 pandemic is pushing many skilled nursing operators close to bankruptcy, according to a new survey by the American Health Care Association. The organization surveyed 953 nursing home operators...
Time is now for coordinating employee vaccine process: workplace safety expert
By
Amy Novotney
Dec 08, 2020
Whether long-term care operators will mandate that their employees get a COVID-19 vaccine once one is available has been a topic of much discussion over the past several weeks.
California nursing home fined nearly $100K for COVID-19-related workplace violations
By
Amy Novotney
Nov 24, 2020
California state workplace regulators issued one of the largest fines yet to a Bakersfield, CA, nursing home for COVID-19 related workplace violations, according to local media reports.
Lawmakers introduce legislation designed to strengthen Americans’ retirement security
By
Amy Novotney
Oct 29, 2020
A bipartisan measure is calling for the promotion and expansion of efforts to increase retirement savings and simplify and clarify retirement plan rules to help Americans successfully save for a financially...
Business briefs for Friday, Oct. 23
Oct 23, 2020
Legal action not the solution when it comes to SNFs and COVID-19: AHCA … Florida facility where 52 residents died of COVID-19 hit with $67K fine, keeps license … Nearly half of U.S. employers are unprepared...
Industry leaders plead for fiscal relief
By
Amy Novotney
Oct 15, 2020
Citing a worsening pandemic, the American Health Care Association / National Center for Assisted Living warned again Wednesday that widespread financial challenges loom over many long-term care facilities.
Creativity has helped keep transactions moving during pandemic: Greystone
By
Amy Novotney
Oct 01, 2020
Amid today’s uncertain economic environment, where many traditional capital sources have pulled back, commercial real estate finance company Greystone is finding that creativity is key in complex transactions.
LTC must be a priority in next stimulus bill: AHCA/NCAL
By
Amy Novotney
Sep 09, 2020
As the Senate returns to Washington this week, lawmakers must focus on ensuring that long-term care facilities have the resources needed to keep residents and staff members safe, according to a statement...