LTC Properties had its strongest investment year since 2015, company leaders said Thursday, with Chairman and CEO Wendy Simpson touting $170 million in annual investment as proof of a “hard-won positive...
Genesis Healthcare in growth mode as it picks up 38 former ProMedica facilities
By
Kathleen Steele Gaivin
Kimberly Marselas
Feb 01, 2023
Genesis Healthcare appears to be correcting its long-time slide in the nursing home sector, confirming this week that the company is adding 34 skilled nursing facilities in Pennsylvania and four in Colorado.
Capasso named Health Dimensions Group senior care executive advisor
By
Kimberly Marselas
Jan 27, 2023
Long-term care management and consulting firm Health Dimensions Group has named John Capasso executive advisor of senior care.
In major win for insurer, court rules Genesis must absorb costs of multiple COVID suits
By
Kimberly Marselas
Nov 21, 2022
Genesis Healthcare could be on the hook for millions of dollars in potential COVID-19 settlements, following a federal judge’s decision that the skilled nursing giant’s insurer does not have to cover...
National Health Care appoints Michelle Costa chief clinical officer
By
Kimberly Marselas
Nov 07, 2022
National Health Care Associates, Inc. has named Michelle Costa its new chief clinical officer.
BREAKING: Congressional study eviscerates for-profit nursing homes
By
Kimberly Marselas
Sep 21, 2022
Dire conditions inside for‑profit nursing home chains contributed to deadly, early-pandemic conditions inside facilities, while “convoluted corporate structures” may have helped companies “obscure...
Want to drive market value? Change strategy, financial experts advise
By
Kimberly Marselas
Sep 19, 2022
Valuing skilled nursing properties remains a widely varying challenge for lenders.
REIT tax benefits questioned as influence over nursing homes rises
By
Kimberly Marselas
Aug 03, 2022
Tax policies meant to benefit real estate investment trusts as “passive investors” in nursing homes should be reviewed with an eye toward their active operational influences, say economists...
To foster DEI growth, seek more worker input: LTC expert
By
Kimberly Marselas
May 27, 2022
The continued evolution and growth of diversity, equity and inclusion [DEI] initiatives is one way long-term care providers can retain employees in a tight labor market, a nurse and attorney with more...