
Kathleen Steele Gaivin
Writer at McKnight's Senior Living
wife, mother, writer, editor
Articles
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2 weeks ago |
mcknightsseniorliving.com | Kathleen Steele Gaivin
Unbridled Living, based in Louisville, KY, has acquired its first senior living property and is in the process of a second transaction, CEO R. Kyle Bourne told the McKnight’s Business Daily. Bourne founded the company in 2024. The company’s name is a nod to its Kentucky roots and the association with horses, Bourne said.
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2 weeks ago |
mcknightsseniorliving.com | Kathleen Steele Gaivin
Strawberry Fields REIT expanded its Missouri footprint with the acquisition of nine skilled nursing facilities, purchased for $59 million, the South Bend, IN-based real estate investment trust announced. The real estate investment trust plans to pay the purchase price using its current working capital and funds provided by a third-party lender, according to a press release. The company anticipates that the deal will close on or before July 1. In total, the nine facilities offer 686 licensed beds.
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3 weeks ago |
mcknightsseniorliving.com | Kathleen Steele Gaivin
Caretrust REIT has acquired a 10-property skilled nursing portfolio across Idaho, Oregon and Washington for $146 million, building on an active 2024 and continuing a 2025 growth trajectory from the first quarter and afterward, the San Clemente, CA-based real estate investment trust announced Monday. CareTrust said that the purchase was completed through a joint venture arrangement entered into between the REIT and a large third-party healthcare real estate owner.
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1 month ago |
mcknightsseniorliving.com | Kathleen Steele Gaivin
If the Federal Medical Assistance Percentage, or FMAP, drops below its current 50% threshold, 10 states and Washington, DC, could lose $468 million in Medicaid funding over the next decade, according to an analysis by the Urban Institute’s Heath Policy Center. Of that amount, $161.1 billion would be related to the elderly. FMAP is the percentage of Medicaid funding that the federal government reimburses to states.
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1 month ago |
mcknightsseniorliving.com | Kathleen Steele Gaivin
Employees with higher incomes and education levels are more likely than others to anticipate needing long-term care in the future, according to an issue brief published by the Employee Benefit Research Institute. The Employee Long-Term Care Survey, fielded late last year, questioned 2,445 workers aged 20 to 74 regarding their awareness of, access to and perspectives on long-term care financing.
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RT @_McKnightsSL: Tallahassee, FL-based SRI Management has partnered with Imprint Property Group to acquire five additional #seniorlivingco…

RT @_McKnightsSL: If the federal government cuts the amount of spending per person enrolled in #Medicaid, the burden passed on to the state…

RT @HospiceKeys: Shifting presidential administrations and policy changes create challenges for employers trying to stay compliant with evo…