Capital Funding Group closes $36.2M in Bridge-to-HUD refinancing for 5 North Carolina SNFs … Belmont Village, Greystar plan active adult community in Rancho Santa Fe, CA … Blueprint negotiates sale...
Actions & Transactions, March 26
By
Kathleen Steele Gaivin
Mar 26, 2024
CFG executes $13.55M in refinancing for 2 SNFs in Illinois … Hudson Valley Property Group completes $15.2M renovation of affordable housing for seniors in Jersey City, NJ … Merrill Gardens acquires...
Business briefs, March 21
By
Kathleen Steele Gaivin
Mar 21, 2024
Dwindled giant’s $18M settlement ‘a signal’ to SNF owners about ‘negligent’ care’ … Lawmakers threaten harsher penalties for negligent providers, CEOs in wake of cyberattack … NY assisted...
Actions & Transactions, Nov. 28
By
Kathleen Steele Gaivin
Nov 28, 2022
Cedar Health Group purchases Ft. Lauderdale assisted living community for $39M … Presbyterian SeniorCare Network garners more than $4M in state tax credits to build Pittsburgh-area LGBTQ-friendly senior...
Business briefs for Monday, Feb. 1
Feb 01, 2021
Older workers accounted for more than a fourth of job losses last year: report … Pandemic could be launching pad for industry-wide change, one skilled care expert says … Colliers provides $20.4M in...
Antipsychotic drug use increasing in assisted living, AARP says
By
Lois A. Bowers
Apr 23, 2018
Although the off-label use of antipsychotic medications has decreased in nursing home residents who have dementia, it has increased in those with dementia who live in assisted living communities or at...
Effort would add ‘residents’ bill of rights’ to Florida constitution
By
Lois A. Bowers
Jan 22, 2018
The man behind a proposal that would add a “Nursing Home and Assisted Living Facility Residents’ Bill of Rights” to the Florida constitution says it is an effort to “establish a...
Family caregivers provide 2 extra ‘shifts’ of care per week per resident in assisted living: study
By
Kimberly Bonvissuto
Jan 23, 2023
Informal caregivers provide two extra “shifts” of care per resident weekly in assisted living communities, equating to 65 hours per month per resident, according to the authors of a study recently...
SNF investors focus on needs-based model, expect census return by mid-2022
By
Amy Novotney
Feb 25, 2021
Amid the all-too-frequent headlines of “nursing home deaths,” federal and state deficits, increased competition from home health agencies and historic low occupancy levels while wage pressures continue,...
‘Sky is the limit’ for health information networks’ SNF insights
By
Kimberly Marselas
Jan 24, 2024
An expanding health information exchange connecting 71 hospitals and nearly 600 post-acute providers in New Jersey is exceeding expectations.