‘Nothing less than a crisis’ as 45 percent of SNFs cite serious financial issues in AHCA survey
By
Kathleen Steele Gaivin
Mar 06, 2024
Forty-five percent of skilled nursing facility participants in a new survey said they are “either operating in the red or barely breaking even.”
Business briefs, Feb. 7
By
Kathleen Steele Gaivin
Feb 07, 2024
Feds should help with LTC workforce pipeline, leader says … Proposed initiative effectively would kill LTC payroll tax program … Maryland funding bill could increase workforce challenges for providers...
Task force to study long-term care workforce challenges
By
Kathleen Steele Gaivin
Feb 02, 2024
A new task force in Wisconsin will work to find solutions to the staffing issues facing senior living, skilled nursing and other healthcare providers.
Muni bond defaults most likely to occur in senior living, skilled nursing, survey finds
By
Kathleen Steele Gaivin
Jan 09, 2024
Yields may have peaked in 2023 for municipal bonds, with defaults this year most likely to happen in senior living and skilled nursing, according to the results of a recent survey published by Hilltop...
Bipartisan Senate bill aims to increase nurse training programs
By
Kathleen Steele Gaivin
Sep 22, 2023
A bipartisan group of senators has introduced legislation meant to address the nursing shortage affecting healthcare providers and communities throughout the United States.
Demand for direct care workers expected to outpace availability: report
By
Kathleen Steele Gaivin
Sep 13, 2023
Demand for direct care workers — home care workers; workers in residential group homes, assisted living communities and other residential care; and nursing assistants in skilled nursing facilities —...
Nursing home caregivers see ‘considerable’ wage increases for second consecutive year: report
By
Kathleen Steele Gaivin
Aug 01, 2023
For the second year in a row, nursing home caregivers (including registered nurses, licensed practical nurses and certified nurse aides) received “considerable” hourly rate increases in 2023, according...
New Eskaton report blames SNFs for $28 million net loss in 2022
By
Kathleen Steele Gaivin
Jun 01, 2023
Eskaton ended 2022 with a $28 million net loss, and its skilled nursing properties largely are responsible, according to an independently audited financial report dated May 16.
SNF valuations high despite headwinds, expert says
By
Kathleen Steele Gaivin
May 25, 2023
Despite “a tumultuous couple of years,” skilled nursing valuations are high, and acceleration is expected, Evans Senior Investments Director Kris Lowes said Wednesday.
Business briefs, April 25
By
Kathleen Steele Gaivin
Apr 25, 2023
Activist shareholder announces intent to vote against long-serving Ventas board members… American Senior Communities announces Vision Centre sponsorship to help address workforce challenges … LCS community...