Occupancy in the senior housing sector has long been characterized by peaks and valleys. But recent history has hardly been typical. Occupancy decreased to 87.8% in the second quarter of 2019, from...
Getting wider, not bigger: An investment and planning recipe for survival before the big senior wave
By
John Hall
Nov 15, 2019
At first blush, expanding any business in a time of declining numbers of customers and sagging construction starts seems illogical. But it’s exactly what may help skilled nursing facilities thrive and...
November Company briefs
Nov 14, 2019
»PointClickCare is the newest partner in NIC Actual Rates Software, provided by the National Investment Center for Seniors Housing & Care. The collaboration will supplement data and provide new analytic...
Achieving best practice in a data-driven birthday environment
By
Gary Tetz
Nov 14, 2019
That’s right, it’s my birthday. I’ll pause just long enough for you to feel bad about not yet wishing me a happy one.
November Business Briefs
Nov 12, 2019
» Berkadia’s Seniors Housing & Healthcare Group closed a $76.8 million financing deal for the acquisition of nine skilled nursing facilities. The buildings have a total of 1,167 beds and average occupancy...
Will a new ‘gig worker’ law drive contractors to extinction?
By
Diane Marie O’Malley, Esq.
Nov 08, 2019
Earlier this year, California Gov. Gavin Newsom signed into law a bill reducing an employer’s ability to classify a worker as an independent contractor. The question everyone in senior care — those...
CareBand lands NIH small business funding
By
Kimberly Marselas
Nov 05, 2019
The National Institutes of Health has awarded CareBand Inc. Phase I Small Business Innovation Research funding to determine whether the CareBand system can detect agitation in people living with Alzheimer’s...
LockeBridge Capital Partners adds four to broaden healthcare expertise
By
Kimberly Marselas
Nov 05, 2019
LockeBridge Capital Partners has expanded its Healthcare Facilities & Services investment banking practice with the addition of four industry experts. LockeBridge clients range from early revenue companies...
Nurse-led quality program improves care of older adults
By
Alicia Lasek
Nov 04, 2019
The NICHE program of the NYU Rory Meyers College of Nursing has proven successful in a number of key areas, say researchers.
A special day for veterans. Too bad there aren’t a lot more of them.
By
John O'Connor
Nov 04, 2019
It’s nice that we’ll pause to thank our veterans next Monday, but there should be more.