Omega Healthcare Investors has ‘headroom’ to withstand LaVie’s bankruptcy: Fitch Ratings
By
Kathleen Steele Gaivin
Jun 12, 2024
Omega Healthcare Investors’ credit rating has enough of a cushion to weather the recent bankruptcy of tenant LaVie Care Centers, Fitch Ratings said Tuesday.
Almost a third of retirees consider picking up temporary jobs
By
Kathleen Steele Gaivin
Jun 12, 2024
One third of retirees are considering picking up one to three shifts of temporary work per week because their cost of living is increasing, according to Indeed Flex, an online temporary staffing platform.
Bank sues memory care community, calling for receivership and sale for alleged $17 million loan default
By
Kathleen Steele Gaivin
Jun 11, 2024
A bank is calling for a Georgia memory care community to be put into receivership and possibly be sold, saying it is owed almost $17 million for a loan.
Business briefs, June 11
By
Kathleen Steele Gaivin
Jun 11, 2024
Senior living sees slowing rate growth, high discounts in first quarter: NIC … Fitch Ratings affirms RiverWoods at Exeter at A-; outlook stable … Fitch rates Shell Point Retirement Community at BBB+;...
GAO identifies three additional priority recommendations for Labor Department
By
Kathleen Steele Gaivin
Jun 10, 2024
Following up on priority recommendations outlined to the Department of Labor a year ago, the Government Accountability Office last month laid out three additional concerns: stronger protections for wage...
Negative attention on social media deters prospective nurses, study finds
By
Kathleen Steele Gaivin
Jun 07, 2024
Social media often paints nursing in a negative light, and that reality is drawing prospective caregivers away from the profession, according to a study released Tuesday by health technology firm ShiftKey.
Labor market solid, with ‘notable pockets of weakness,’ ADP finds
By
Kathleen Steele Gaivin
Jun 06, 2024
“Job gains and pay growth are slowing going into the second half of the year,” ADP Chief Economist Nela Richardson said in a press release issued Wednesday in conjunction with the monthly ADP National...
Prestige Care predicts layoffs ahead of shift to PACS Group
By
Kathleen Steele Gaivin
Jun 05, 2024
Vancouver, WA-based Prestige Care has begun a restructuring plan that may include layoffs as it prepares for acquisition by PACS Group in August.
CareTrust REIT reports SNFs deals totaling $180 million
By
Kathleen Steele Gaivin
Jun 05, 2024
CareTrust REIT has purchased or funded the purchase of 13 skilled nursing facilities in two deals totaling approximately $180 million, the company announced Tuesday.
NHC to acquire 15-property portfolio from White Oak Senior Living
By
Kathleen Steele Gaivin
Jun 05, 2024
National HealthCare Corp. plans to acquire Spartanburg, SC-based White Oak Senior Living’s 15-property portfolio of senior living and care communities in North Carolina and South Carolina, the Murfreesboro,...