Study: Dementia diagnosis causes out-of-pocket spending to skyrocket, net worth to plummet
By
Kristen Fischer
Oct 17, 2023
Dementia can place a heavy physical toll on individuals with the disease (and their loved ones), but the financial burden can be intense as well. A new study shows the detrimental impact of the disease...
Employee-owned stock ownership plans: A staffing solution for skilled nursing operators
By
Laca Wong-Hammond
Dominic Porretta
Apr 19, 2022
skilled nursing owner-operators are increasingly seeking differentiators that may enhance their employee recruitment and retention efforts. One alternative that is becoming increasingly popular is the...
What works for long-term care and what doesn’t
By
Stephen A. Moses
Nov 17, 2021
The history of long-term care is best understood as a tension between public and private financing. Over and over again, the private sector has intervened to fix or improve unfortunate conditions created...
Skilled nursing facility ‘haves’ and ‘have nots’ — a financial journey
By
Jake Slavik
Mar 07, 2018
As a result of changing referral patterns, increasing regulations and myriad of other factors, the current financial environment poses a great threat to some skilled nursing facilities while creating opportunities...
The Buckingham secures financing for expansion
Aug 25, 2015
The Buckingham, a Senior Quality Lifestyles Corporation, recently gained more financing for a renovation.
Financing available for aging innovations
By
Robert Jenkins
Dec 23, 2014
How can we help much-needed affordable long-term care models reach scale as demand spikes and traditional subsidy programs struggle to keep pace? While there are many correct answers to this question,...
Financing a SNF with cash flow problems
By
Marco Terry
Mar 12, 2014
Demand for nursing home services is strong and will increase, but operating a nursing home is extremely difficult, especially from a financial perspective. Keeping clear of financial problems – and...
OnShift reaps $7M in financing
Feb 05, 2014
OnShift has closed $7 million in Series C financing, the company announced Tuesday.
Long-term care financing reform – progress is possible
By
Brian D. Ellsworth and Arthur Y. Webb
Nov 13, 2013
When the federal Commission on Long-term Care issued its report last month, there was a sense of déjà vu all over again. Sixteen years ago, in New York State, we were staff person and task force member,...
Berkadia arranged $40 million financing
Aug 29, 2012
Vice President Heidi Brunet worked with borrower Smith/Packett to secure the 10-year, fixed-rate financing.