Skilled nursing edges toward 90% occupancy, absorption rate makes first gain in nearly a decade, NIC...
By
Tim Mullaney
Apr 14, 2014
Skilled nursing facilities’ occupancy rate continued to tick up in the first three months of 2014, while absorption flipped into positive territory for the first time in almost a decade, according...
Build to serve local needs, NIC leader advises long-term care operators
By
Tim Mullaney
Oct 16, 2013
Increasing demand for long-term care means that operators can realize solid returns on new construction, but they must gauge the potential for success on a market-by-market basis, according to the leader...
NIC: Senior housing sets record for absorption, nursing home occupancy flat
By
Tim Mullaney
Oct 14, 2014
The average occupancy rate for senior housing sailed past 90% in the third quarter, and the absorption rate set a single-quarter record, the National Investment Center for Seniors Housing & Care announced...
SNFs with satisfied workers report fewer deficiencies, earn better marks from customers: report
By
Tim Mullaney
Oct 08, 2013
Skilled nursing facilities with a high rate of employee satisfaction also have fewer survey deficiencies and a higher Five-Star quality rating, according to research announced yesterday at the American...
Omega closes $525M deal
By
Tim Mullaney
Jan 01, 2014
Omega Healthcare Investors closed a $525 million deal to acquire 55 skilled nursing facilities.
Employee cleared of sexual assault charges wins $1 million defamation suit against assisted living company
By
Tim Mullaney
Oct 02, 2014
A former assisted living worker in South Carolina has received a $1 million award after being falsely accused of trying to sexually assault a resident, according to local news sources.
CA facilities slapped with $3 million in labor violations fines, workers slept on sofa in garage
By
Tim Mullaney
Nov 03, 2014
Four assisted living facilities in the San Francisco Bay area are facing a total of $3 million in fines for how they allegedly treated and paid workers, California authorities announced Thursday.
Skilled nursing dealmaking continues to be strong, average price per unit hits $78,000
By
Tim Mullaney
Nov 07, 2014
The trend of strong merger and acquisition activity in the senior housing market has not abated, with the average price per skilled nursing unit up 7% from a year ago. This is according to the latest quarterly...
Assisted living worker shot to death in Alaska, resident claims responsibility
By
Tim Mullaney
Aug 15, 2014
An Alaska man has been charged with murdering a worker at a small assisted living facility in Anchorage, according to local news reports.
Nursing homes suffering from reimbursement shifts to home care, market analysis finds
By
Tim Mullaney
May 14, 2014
Reimbursement is shifting to home health, hurting the finances of skilled nursing facilities, a newly released market analysis states.