CCRC outlook not getting worse but also not improving much, Fitch says
By
Kathleen Steele Gaivin
Jan 19, 2024
Fitch Ratings’ outlook for continuing care retirement / life plan communities is “deteriorating,” according to the company’s senior director and sector lead for life plan communities, Margaret...
Oxford closes on $241.4 million in capital commitments in long-term care
By
Kathleen Steele Gaivin
Jan 18, 2024
The healthcare real estate group of Alexandria, VA-based Oxford Finance closed approximately $241.4 million of capital commitments in long-term care in 2023, part of more than $430 million of capital commitments...
On-site clinic helps CCRC residents age in place, exec says
By
Kathleen Steele Gaivin
Jan 17, 2024
St. Mark Village, a continuing care retirement community in Palm Harbor, FL, has added a full-service, primary care clinic run by Curana Health. It opened Jan. 4 and serves residents and employees.
OSHA civil penalty amounts adjusted for 2024, effective today
By
Kathleen Steele Gaivin
Jan 16, 2024
Changes to Occupational Safety and Health Administration civil penalty amounts based on cost-of-living adjustments for 2024 went into effect today.
Ventas challenged by Land & Buildings with 3 board nominations
By
Kathleen Steele Gaivin
Jan 12, 2024
Stamford, CT-based Land & Buildings has put forth three candidates for Ventas’ board of directors to be voted on at the Chicago-based real estate investment trust’s next annual meeting of stockholders,...
Public policy must address flaws in long-term care financing, experts say
By
Kathleen Steele Gaivin
Jan 11, 2024
Public policy needs to address flaws in Medicaid funding and encourage private planning for long-term care, according to experts speaking Tuesday during a panel discussion hosted by the Paragon Health...
Fitch assigns ‘deteriorating’ outlook to CCRC sector for second consecutive year
By
Kathleen Steele Gaivin
Jan 10, 2024
Fitch Ratings has assigned the continuing care retirement / life plan community sector a rating of “deteriorating” for the second year in a row.
Muni bond defaults most likely to occur in senior living, skilled nursing, survey finds
By
Kathleen Steele Gaivin
Jan 09, 2024
Yields may have peaked in 2023 for municipal bonds, with defaults this year most likely to happen in senior living and skilled nursing, according to the results of a recent survey published by Hilltop...
Home health is fastest-growing component of national health spending
By
Kathleen Steele Gaivin
Jan 08, 2024
Year-over-year growth in the home health space was 13.5% in October, making it the fastest-growing component of national health spending, according to Altarum’s monthly Health Sector Economic Indicators...
Labor market ‘very much aligned with pre-pandemic hiring’
By
Kathleen Steele Gaivin
Jan 05, 2024
The private sector added 64,000 jobs in December, and annual pay was up 5.4% year over year, according to an ADP National Employment Report Economy Lab report released Thursday.