The national for-profit chain Providence is getting bigger. The Oaks Healthcare, the nursing home segment of The Oaks of Orangeburg, has sold its nursing home services to Cascade Capital Group, a Skokie, Illinois-based private health care real estate investment and asset management firm. Cascade’s interests include skilled nursing, post-acute, rehabilitation and transitional-care facilities, as well
Pennsylvania’s Sunnyview Health and Rehab is the latest nursing facility with links to Heather Pressdee, known as “The Killer Nurse.” Pressdee, a registered nurse, caused the death of numerous patients she mistreated with insulin. Pressdee bounced from nursing home to nursing home, each time allegedly terminated or forced to resign. One of Pressdee’s patients that
Green Street Advisors released a new report showing senior living occupancy ended the year with “better than expected momentum … that sets the stage for a favorable outlook this year. Occupancy will exceed pre-Covid levels in 2024. The Wall Street Journal reports an analysis by Jason Fichtner, chief economist at the Bipartisan Policy Center, that a
Iowa families will soon be able to keep a closer eye on their loved ones living in a nursing home, thanks tor House File 537 which will allow security cameras to be installed inside a resident’s room. The bill comes on the heels of repeated incidents of abuse, neglect and under-staffing at facilities across the state.
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