Restructuring, Medicaid boosts pay off for Omega in Q2
By
Kimberly Marselas
Kathleen Steele Gaivin
Aug 04, 2023
Stronger-than-expected cash rent payments helped bolster Omega Healthcare Investors’ performance in the second quarter, giving the real estate investment trust a healthy $250 million in revenue, $5 million...
Recession would add to ‘deteriorating’ CCRC outlook: Fitch
By
Kathleen Steele Gaivin
Sep 19, 2023
A possible recession is looming around the corner and could spell trouble for continuing care retirement / life plan communities, according to a report released Monday by Fitch Ratings.
High Court hands government a ‘clear win’ on False Claims: expert
By
Kathleen Steele Gaivin
Jun 02, 2023
In a pair of consolidated cases, the Supreme Court unanimously ruled Thursday that liability in False Claims Act suits depends on whether the defendants believed that their claims were false, not on whether...
Staffing agency made employees work 3 years or repay wages, DOL charges
By
Kathleen Steele Gaivin
Mar 22, 2023
A Brooklyn, NY, healthcare staffing agency and its CEO are under fire from the Department of Labor for allegedly requiring employees to sign contracts that required them to work for the company for three...
‘Appalling’ gaps in law, policies blamed for COVID’s decimation of nursing home workers
By
Kathleen Steele Gaivin
Feb 01, 2024
A reason for the failure, the authors said, was gaps in laws and regulations that didn’t consider the rapid spread of disease in workplaces and didn’t see frontline workers as needing special attention...
Ensign Group’s future ‘brighter than ever,’ growth-minded CEO says
By
Kathleen Steele Gaivin
Aug 03, 2022
After picking up 11 new skilled nursing facilities and restoring occupancy at several others in its extensive holdings, the Ensign Group’s future is “brighter than ever,” CEO Barry Port said on a...