Kathleen Steele Gaivin

1 week ago | mcknightsseniorliving.com | Kathleen Steele Gaivin

Overall employee satisfaction increased in April, following a slight dip in March, according to the latest results of the ADP Research Employee Motivation and Commitment Index, published Tuesday. Satisfaction across industries increased two points in April on the EMC scale, matching a previous high of 129 points. According to ADP, values below 100 indicate diminishing engagement and connection, whereas values above 100 suggest growing commitment and motivation.

1 week ago | mcknightsseniorliving.com | Kathleen Steele Gaivin

HHS budget slashed by 30% in budget proposal … Moderate Republicans draw red line on Medicaid cuts in Trump agenda bill … CMS delays nursing home revalidation deadline; 80% unable to comply … Provider agrees to pay $73,000, revise policies, be monitored to settle EEOC pregnancy discrimination lawsuit … Governor pledges to file lawsuit challenging Trump’s authority to impose tariffs … NCEA provides resources for mandated reporting of elder abuse … Fitch rates Marquette Manor revenue bonds at...

1 week ago | mcknightsseniorliving.com | Kathleen Steele Gaivin

Regional Health Properties’ merger with Sunlink Heath System now is expected to close early in the third quarter, the Atlanta-based self-managed healthcare real estate investment company’s president, CEO and chairman, Brent Morrison, said Monday in a fourth quarter and end of year financial report. The merger originally was predicted to close in the spring when it was detailed in a Jan. 3 filing with the Securities and Exchange Commission.

1 week ago | mcknightsseniorliving.com | Kathleen Steele Gaivin

Ninety-four percent of senior living and care market professionals said they anticipate increased transaction volumes throughout this year, according to the results of a survey by Dallas-based BBG. Dallas-based independent commercial real estate services firm BBG solicited responses from US investors, developers, lenders and brokers in March to identify trends expected to affect long-term care this year.

1 week ago | mcknightsseniorliving.com | Kathleen Steele Gaivin

Publicly announced mergers and acquisitions involving senior living communities and skilled nursing facilities totaled 176 in the first quarter, with assisted living deals accounting for a plurality, according to data released Tuesday by LevinPro LTC. Although the total is less than the 190 transactions announced in the fourth quarter, it exceeds the 155 public deals seen in the first quarter of last year, for a year-over-year increase of 13.6%.