Use of artificial intelligence (AI) has been steadily increasing at nursing homes, as the technology begins to deliver on its promises to improve efficiencies in a wide variety of areas, from clinical outcomes to back-office work. And while ChatGPT is the attention-grabber these days, natural language processing is but one of the ways AI is […]
Asbury Communities
Therapy providers in the nursing home space believe their role in increasing mobility will contribute to upside in the sector – especially within the context of the Patient-Driven Payment Model (PDPM), pandemic recovery and staffing challenges. It’s a draw for prospective residents and their families, both on the short-term and long-term side, as clinical improvements […]
New York City-based health care lender and asset manager MONTICELLOAM, LLC announced it provided $58.13 million in debt financing for the refinancing of five skilled nursing facilities in Florida. The facilities consist of a total of 607 beds. The transaction’s sponsor is reportedly an experienced owner/operator with a current portfolio of more than 35 buildings […]