‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
Evolving tech is subject of June 20 McKnight’s Senior Living Online Expo webinar
By
Lois A. Bowers
Jun 12, 2024
Evolving technology will be the featured topic in a session at the eighth annual McKnight’s Senior Living Online Expo on Thursday, June 20. Senior living professionals will be able to earn a continuing...
PA assisted living providers back bills to boost Medicaid eligibility, caregivers
By
Lois A. Bowers
Jun 12, 2024
Assisted living and other long-term care providers in Pennsylvania are backing a slate of bills and a budget boost they say will help keep them afloat and bring more caregivers into the industry.
Senate hearing: ‘Time to begin offering assisted living’ in state veterans homes
By
Lois A. Bowers
Jun 06, 2024
Members of the Senate Special Committee on Aging and Senate Committee on Veterans Affairs received more endorsements for assisted living for veterans Wednesday during a joint hearing.
Updated: 89 Holiday by Atria communities moving to 6 new operators, Welltower says
By
Lois A. Bowers
Jun 03, 2024
Eighty-nine Holiday by Atria communities that are part of the portfolio of Toledo, OH-based real estate investment trust Welltower are transitioning to six other operators, the REIT announced Monday in...
CMS updates spousal impoverishment standards
By
Lois A. Bowers
May 22, 2024
The Centers for Medicare & Medicaid Services on Wednesday announced updated 2024 spousal impoverishment standards, which apply when married individuals seek coverage of certain long-term services and supports...
McKnight’s Senior Living wins national awards for news analysis, industry coverage
May 22, 2024
McKnight’s Senior Living has won two national Azbee awards from the American Society of Business Publication Editors.
More news for Wednesday, May 8
By
Lois A. Bowers
May 08, 2024
National Health Investors investment pipeline exceeds $300M … Diversified Healthcare Trust results miss forecast, but senior housing portfolio continues to improve … Pennant Group’s senior living...
Brookdale finds itself in the midst of another federal inquiry, this time about skilled nursing
By
Lois A. Bowers
May 07, 2024
The country’s largest senior living company on Sunday found itself the subject of an inquiry related to a new federal mandate for minimum staffing at nursing homes. Brookdale Senior Living President...
CareTrust REIT is ‘locked and loaded to grow,’ CEO says
By
Lois A. Bowers
May 06, 2024
The overall financial environment, $345 million in cash on hand and an undrawn $600 million line of credit mean that CareTrust REIT is “locked and loaded to grow in a meaningful way for the next few...