by Steve Monroe | Nov 24, 2021 3:04 pm | Opinion
In just five short weeks, the residents of Washington State will begin paying a new payroll tax to fund a “long-term care” benefit, called the WA Cares Fund. It is the first state-wide mandated LTC tax, and we have previously voiced our concerns about it. But it will... Read More »
by Steve Monroe | Nov 24, 2021 9:33 am | Opinion
Here we go again. According to a new study published by JAMA Health Forum, private equity-owned nursing homes are not cutting it compared to those nursing homes owned by other for-profits. In addition, PE-owned homes were more likely to have an acute coronary... Read More »
by Steve Monroe | Nov 18, 2021 3:52 pm | Opinion
So, inflation is at a 30-year high, but interest rates have not increased much. It is actually all relative since they are much higher than when the 10-year Treasury hit a low of 0.54% in March 2020. But seriously, that was a bit silly, just like oil at a negative... Read More »
by Steve Monroe | Nov 17, 2021 9:09 am | 60 Seconds
For those of you who know me, you know I have been a big fan of the CCRC model, and have been for decades. And for those of you who still think the entrance-fee CCRC model is dead, well, think again when you hear this. HJ Sims recently closed on what may be one of the... Read More »
by Steve Monroe | Nov 15, 2021 2:16 pm | Uncategorized
We learned at the end of last week that skilled nursing facility pioneer Roy Christensen passed away at the age of 87 after a short illness. Most recently, he was the Chairman of The Ensign Group, but his history in the skilled nursing industry goes... Read More »