The Biden administration’s vaccine mandate on nursing home staff has some operators preparing for a staff exit of up to 30%, the bulk of which is expected to be positions like certified nursing assistants or CNAs. For an industry already in the midst of an unprecedented staffing shortage, fanning the flames for CNAs to seek […]
Stonerise
From increased facility access points and HVAC innovation to rethinking communal and private spaces, nursing homes built in the wake of COVID-19 are expected to come with a different look and feel, with more space to spread out, compared to more traditional facilities. Charleston, W.Va-based Stonerise has 17 transitional and skilled nursing care centers throughout […]
Despite low occupancy rates and uncertainty around federal funding, experts say the market for nursing homes has not slowed, as buyers want to get in on the frenzy and are willing to pay near stabilized rates to do so. Some, like Symphony Care Network, with a portfolio that totals more than 30 properties throughout Illinois, […]