Medicaid rates boost LTC Properties amid occupancy struggles and cyberattack during 2Q
By
Kimberly Bonvissuto
Jul 30, 2024
The second quarter went “generally according to plan” except for challenges with occupancy issues at some assisted living communities operated by one company and a major cyberattack that disrupted...
LTC Properties upbeat as occupancy levels nudge back up, environment ‘favors’ REITs
By
Jessica R. Towhey
Oct 30, 2023
LTC Properties’ conservative investment approach paid off in the third quarter as the company’s top executive said the real estate investment trust’s skilled nursing occupancy resumed its upward...
Ensign CEO: Rosy 2Q numbers and improved census reveal strength of skilled services
By
Alicia Lasek
Jul 31, 2023
The US’s largest nursing home company, the Ensign Group, is riding high on second-quarter 2023 results, with continued improvement in occupancy, skilled revenue, skilled days and managed care, despite...
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...
After another record quarter, Ensign approaches pre-pandemic occupancy
By
Danielle Brown
Feb 05, 2021
Taking on COVID-19 patients and others with medically complex conditions has helped The Ensign Group buck trends in the industry and begin to stabilize occupancy, executives said as they reported another...
Genesis stresses need for ongoing federal support after $60M shortfall due to pandemic
By
Danielle Brown
Nov 10, 2020
Genesis HealthCare endured $60 million in losses directly related to the coronavirus pandemic — despite receiving $64 million in federal and state relief funding during the third quarter, company executives...
Day-to-day operations ‘much more stable’ for CareTrust operators; CVS confident in vaccine administration
By
Danielle Brown
Nov 09, 2020
The skilled nursing and senior housing industries should now be “far more prepared to handle the third wave [of COVID-19] thanks to federal relief funding and stabilized operations, CareTrust REIT executives...
CVS Health ‘well positioned’ to serve LTC with future COVID-19 vaccine
By
Danielle Brown
Aug 06, 2020
Long-term care facilities that receive pharmacy services from CVS Health should have sufficient access to a COVID-19 vaccine, once one is ready, executives stated Wednesday morning.
Sun Healthcare reports solid fourth-quarter, annual growth
Mar 05, 2010
Sun Healthcare on Wednesday reported “respectable” earnings growth of 7.7% for the fourth quarter of last year and 18.3% for 2009 overall. The nation’s sixth-largest skilled nursing provider...