Pandemic resulted in nurses shifting from hospitals to other settings, study finds
By
Kristen Fischer
Feb 22, 2024
A shortage of registered nurses in the first two years of the pandemic was probably temporary, according to a new report. That’s because the workforce rebounded in 2022 and 2023, the authors said. Even...
LTC corporate execs get moderate raises, eye-popping bonuses
By
Kimberly Marselas
Feb 22, 2024
Corporate executives of multi-site long-term care organizations banked an average raise of 3.7% in 2023, according to a new report issued Wednesday.
Regulators pushed for $25 per hour nursing home minimum wage
By
Josh Henreckson
Feb 21, 2024
Labor advocates are pushing Minnesota’s Nursing Home Workforce Standards Board to implement a $25 minimum wage for all staff, among other measures aimed at supporting a struggling care workforce.
CCRCs facing financial threats in their skilled care units, but there are silver linings: experts
By
Josh Henreckson
Feb 16, 2024
Facing the mounting financial challenges of providing skilled care on their campuses, continuing care retirement communities should carefully weigh a variety of tactics and the particularities of local...
New study reveals depths of agency nurse dependence
By
Josh Henreckson
Feb 16, 2024
Newly published research gives skilled nursing operators all the empirical evidence they need to be worried when gazing at the prospect of a federal staffing mandate being finalized soon.
Non-traditional lenders are ready to back nursing homes. Here’s their selection criteria
By
Kimberly Marselas
Feb 15, 2024
MIAMI — The lending environment will likely heat up over the course of 2024, particularly for skilled nursing providers willing to explore new relationships when unable to tap traditional sources, a...
Study: Older adults lean on trust to make choices — which could make them more prone to scams
By
Kristen Fischer
Feb 14, 2024
A new study sheds light on why older adults tend to fall for financial scams — they depend more on trust when making choices, according to a report published last month in Scientific Reports.
Parkinson forecasts record occupancy, ‘massively good news’ for sector
By
Kimberly Marselas
Feb 14, 2024
MIAMI — A significant drop in new nursing home construction is adding to the woes of a shrinking sector that will soon be tasked with caring for a rapidly aging US population, American Health Care Association...
Omega continues to shed problematic skilled nursing holdings
By
Kimberly Marselas
Feb 09, 2024
Omega Healthcare Investors late last year shed 30 skilled nursing facilities operated by LaVie Care Centers, formerly part of the behemoth Consulate Health Care.
Facing financial ‘hurricane,’ providers beseech governor to tap rainy day fund for nursing homes
By
Kimberly Marselas
Feb 08, 2024
Robert Hurlbut is the third-generation family leader of an Western New York nursing home chain, who is transitioning his own son into a leadership role as the business approaches 100 years in operation.