Private equity deals slow down in 2022 after 2021 high
By
Kathleen Steele Gaivin
May 23, 2022
Private equity healthcare provider deals have slowed in early 2022 after reaching a high in 2021, according to recent reports.
Program gets $6 million to expand CNA training, mentorship program
By
Kathleen Steele Gaivin
May 23, 2022
An additional $6 million investment will expand the WisCaregiver Careers workforce development program to address the shortage of certified nursing assistants in the state’s nursing homes, Wisconsin...
Momentum building despite pandemic headwinds: Pennant Group
By
Kimberly Bonvissuto
May 11, 2022
Pennant CEO Daniel Walker said the Eagle, ID, holding company’s first-quarter earnings results “reflect the momentum building” in its portfolio.
Tutera to outsource management of home health division
By
Kathleen Steele Gaivin
May 10, 2022
Kansas and Missouri-based Tutera Senior Living & Health Care’s home health division will be managed by Residential Home Health, a division of Graham Healthcare Group, under a joint venture the companies...
CareTrust enters behavioral health by converting underperforming assisted living communities
By
Kimberly Bonvissuto
May 09, 2022
San Clemente, CA-based CareTrust REIT is moving into the behavioral health segment after reaching an agreement to convert three of its underperforming assisted living communities into residential addiction...
WHO says pandemic death total far higher than reported in many countries
May 05, 2022
In the United States, about 930,000 more people than expected had died by the end of 2021 compared with the 820,000 COVID-19 deaths officially recorded during the same period, The New York Times reported.
AlerisLife, DHC: Operational review expected to stabilize senior living portfolio
By
Kimberly Bonvissuto
May 05, 2022
Reporting a first-quarter net loss of $9.7 million, AlerisLife executives said Wednesday that they have a short-term focus on stabilizing the company’s senior living portfolio by standardizing processes...
LTC Properties defers or abates $2 million in rent as operators feel ‘some stress’
By
Lois A. Bowers
May 02, 2022
Long-term care operators felt “some stress” in the first quarter as they continued to confront labor pressures and inflation, LTC Properties Chairman and CEO Wendy Simpson said Friday during the Westlake...
CDC reports first American with new bird flu
Apr 29, 2022
The CDC notes that the risk to the general public is still low, however.
Operator cites pandemic in ending assisted living services
By
Kimberly Bonvissuto
Apr 25, 2022
A California senior living community is blaming the pandemic in announcing the end of its assisted living services after 60 years.
