Sunrise opens senior living community in Oceanside, CA … Christian Church Homes, New Covenant in Christ Ministries launch Covenant Gardens Senior Apartments project in Memphis … Blueprint advises on...
Long-term care mergers and acquisitions increase year over year
By
Kathleen Steele Gaivin
Apr 11, 2024
Mergers and acquisitions involving senior living communities and skilled nursing facilities increased by 34% year over year in the first quarter, according to data from LevinPro LTC.
Working conditions, not personal reasons, causing nurses to leave long-term care: study
By
Kathleen Steele Gaivin
Apr 10, 2024
Insufficient staffing was the most common reason that nurses left their work in residential and nursing homes, followed by burnout or emotional exhaustion, in a study published Tuesday in JAMA Network...
Business briefs, April 9
By
Kathleen Steele Gaivin
Apr 09, 2024
Medicare Advantage rule finalizes independent appeals process, helping providers ‘stuck in the middle’ … Former CEO gets 2.5 years for failing to pay nursing home employees payroll taxes … Healthcare...
Actions & Transactions, April 9
By
Kathleen Steele Gaivin
Apr 09, 2024
ESI arranges sale of 2 SNFs in Louisiana … Clearwater Living expands into Texas with assisted living, memory care in Houston … Kansas City nursing home closed following attorney general complaint
Actions & Transactions, April 8
By
Kathleen Steele Gaivin
Apr 08, 2024
Roosevelt Rehabilitation & Healthcare Center in Philadelphia completes Phase 1 of multimillion dollar renovation … Helios arranges $7.5M loan, revolving line of credit on memory care provider … Blueprint...
Bake sale-supported nursing home turns to assisted living to survive
By
Josh Henreckson
Apr 05, 2024
A Rhode Island nursing home that had turned to a grassroots funding campaign that included a resident-run bake sale to avoid closure is reworking one of its floors into a memory-care focused assisted...
Ignite boosts Texas presence via $12.7 million joint venture with LTC Properties
By
Kathleen Steele Gaivin
Apr 05, 2024
Ignite Medical Resorts will expand its footprint in Texas through a $12.7 million loan from Westlake Village, CA-based real estate investment trust LTC Properties that will enable the operator to purchase...
Kansas providers may face fee hike after audit reveals many wrongly paid cut-rate assessments
By
Kathleen Steele Gaivin
Apr 05, 2024
Continuing care retirement communities and nursing homes in Kansas could face additional scrutiny — and in some cases, higher fees — after a recent audit from the Kansas Medicaid inspector general’s...
Business briefs, April 5
By
Kathleen Steele Gaivin
Apr 05, 2024
Occupancy closes in on pre-pandemic levels with 11th consecutive quarterly increase: NIC … Providers turn to a variety of sources when setting executive incentives: Ziegler … US Citizenship and Immigration...