In first earnings call, PACS Group forecasts continued growth following $423M IPO
By
Kathleen Steele Gaivin
May 15, 2024
Fresh off an initial public offering yielding net proceeds of $423 million, PACS Group is looking for opportunities to expand, CEO Jason Murray said Tuesday during the Farmington, UT-based holding company’s...
TeamHealth’s ACO will focus on long-term care patients
By
Kathleen Steele Gaivin
Mar 04, 2024
TeamACO became the newest accountable care organization specifically dedicated to meeting the healthcare needs of post-acute care patients.
‘Appalling’ gaps in law, policies blamed for COVID’s decimation of nursing home workers
By
Kathleen Steele Gaivin
Feb 01, 2024
A reason for the failure, the authors said, was gaps in laws and regulations that didn’t consider the rapid spread of disease in workplaces and didn’t see frontline workers as needing special attention...
Negative average margins show occupancy gains no match for increasing SNF costs: CLA trends report
By
Kathleen Steele Gaivin
Oct 02, 2023
The predominant economic trend this year in skilled nursing is “state-specific instability and disparity,” according to the “38th SNF Cost Comparison and Industry Trends Report,” which was...
Recession would add to ‘deteriorating’ CCRC outlook: Fitch
By
Kathleen Steele Gaivin
Sep 19, 2023
A possible recession is looming around the corner and could spell trouble for continuing care retirement / life plan communities, according to a report released Monday by Fitch Ratings.
Workforce mental health needs increase for most large employers: survey
By
Kathleen Steele Gaivin
Aug 24, 2023
Seventy-seven percent of large employers reported an increase in workforce mental health needs in a recent survey by Business Group on Health. That’s an increase of 33% from a year ago, when 44% of employers...
Restructuring, Medicaid boosts pay off for Omega in Q2
By
Kimberly Marselas
Kathleen Steele Gaivin
Aug 04, 2023
Stronger-than-expected cash rent payments helped bolster Omega Healthcare Investors’ performance in the second quarter, giving the real estate investment trust a healthy $250 million in revenue, $5 million...
High Court hands government a ‘clear win’ on False Claims: expert
By
Kathleen Steele Gaivin
Jun 02, 2023
In a pair of consolidated cases, the Supreme Court unanimously ruled Thursday that liability in False Claims Act suits depends on whether the defendants believed that their claims were false, not on whether...
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.
Ensign approaches 300 facilities with focus on skilled care segment
By
Kathleen Steele Gaivin
Apr 28, 2023
The Ensign Group picked up 19 facilities in California and Colorado in the first quarter of 2023, hastening the growth trajectory it has sustained through the pandemic.