Administration

Long-term care 2018-2022 research report released

The global market for elder care technologies should grow from $5.7 billion in 2017 to $13.6 billion by 2022.

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As some states seem short on staff, some find surplus by 2030

In two years, California is projected to be short almost 45,000 registered nurses (RNs), while Florida will have a surplus of almost 54,000.

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The latest nursing home sales and openings

Evans Senior Investments represented the seller in the sale of two New Jersey skilled nursing facilities for $31.5 million, or *$190,000 per bed.

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Invesque diversifies skilled nursing portfolio, looks to SNF future

“Definitively, there is a long-term place in the health care spectrum for skilled nursing,” CEO Scott White told Skilled Nursing News in a Tuesday interview. 

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PointClickCare partners with Bridge Connector

PointClickCare Technologies and Bridge Connector have formed a strategic partnership aimed at strengthening the transferring of patient data across different systems.

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Financial, medical data may carry SNFs into a brighter future

“The marriage between clinical and financial data, I think, will be important with whatever the next payment model looks like,” Vincent Fedele, director of analytics at the New Jersey-based consulting firm, said.

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Experts expect slow occupancy rates in skilled nursing facilities

“I think we’re probably at around the trough,” Sabra Health Care REIT (Nasdaq: SBRA) chief investment officer Talya Nevo-Hacohen said during the Senior Housing News Summit in Los Angeles.

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Nursing homes residents, staff face tough decision with hurricane

At Trinity Grove, a 100-bed skilled nursing facility in Wilmington, North Carolina, residents will be riding out Hurricane Florence — despite widespread evacuations triggered by the Category 3 storm, which could potentially deliver a historic blow to the Carolinas.

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Skilled nursing occupancy hits new record low

Back in March, NIC reported a record-low occupancy figure of 81.6% for the first quarter of 2018; the data generally cannot be compared release to release due to changes in the exact groupings of facilities that submit data to NIC.

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Nursing home employees allegedly scam resident out of $600k

She trusted the workers at her nursing home to help her, but her Public Guardian says some just helped themselves to her money.

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