The eldercare real estate market may no longer be red-hot, but it is largely insulated from the residential sector collapse.
How to keep LTC facilities financially healthy
By
Jim Davis
Jun 15, 2022
Long-term care facilities have always operated on razor-thin margins — then came the pandemic. The virus ripped through nursing and assisted living facilities. Families tragically lost loved ones and...
Chilling out
By
John O'Connor
Mar 11, 2008
Last week’s NIC Western Regional Symposium in Las Vegas was as good a place as any to take the market’s current temperature. Unfortunately, one didn’t need to step outside to notice a...
The importance of understanding healthcare finance
By
Lyle Solomon
Sep 27, 2021
The amount of money that gets wasted in healthcare facilities can be shocking, especially to healthcare personnel that are unaware. While it may be your primary duty to care for your residents, medicine...
Why we need to audit our way into cost savings
By
Michael Wilson
May 05, 2022
Long-term care facilities are getting whammed by inflation. Everything they purchase, from food to nursing supplies, has gone up in recent months. Meanwhile, staffing costs have also jumped tremendously...