With the company’s newly launched captive REIT valued at $1 billion and Covid-19 pressures starting to moderate, leaders with The Ensign Group (Nasdaq: ENSG) plan to bolster operations and expand in 2022. A third-party appraiser has valued Standard Bearer Healthcare REIT at $1 billion, Ensign announced in conjunction with its Q4 2021 earnings results. The […]
Pinnacle Group
The Pinnacle Group of Hudson Valley has grown since the start of the pandemic, expanding from one facility to four in the state of Maine, but with the staffing shortage significantly impacting the industry, CEO Israel Nachfolger worries occupancy recovery will be stalled. After purchasing two new buildings in southern Maine in February 2020 and […]
Staffing demands from COVID-19 spurred a national 7.13% increase in hourly wages for certified nursing aides (CNAs) this year according to a report published by the Hospital & Healthcare Compensation Service (HCS). The spike outpaced a 2020 increase of 4.76%. Non-certified nurse aides saw the highest raise at 7.98%, up from 4.24% in 2020. Despite […]
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