Senior living municipal bonds ‘most directly harmed’ by pandemic: Moody’s
By
Kathleen Steele Gaivin
Apr 19, 2022
Municipal bonds to senior living communities were among the most delinquent in the first quarter of 2022, according to an April 15 report by Moody’s Investors Service.
Number of large-scale CCRCs with 500 more units on one campus ‘inches up’: Ziegler
By
Kathleen Steele Gaivin
Apr 19, 2022
pproximately 10% of the nation’s life plan communities, or continuing care retirement communities, are considered “large scale,” meaning they have 500 or more units on one campus, according...
Providers, associations must work together to ease workforce woes: PHI
By
Kathleen Steele Gaivin
Apr 12, 2022
Long-term care providers and advocacy groups must work with state officials to ease workforce woes via targeted policies, according to a report from PHI.
As pandemic-related workforce challenges continue to plague long-term care, operators find themselves competing with a “gig economy,” where many workers want to be paid immediately for services rendered...
First-quarter occupancy expected to outpace predictions: Welltower
By
Kathleen Steele Gaivin
Apr 06, 2022
Average year-over-year occupancy growth in the first quarter is expected to outpace previous predictions for a 420-basis-point (4.2%) increase, Welltower said Tuesday in a business update.
OSHA proposes change to recordkeeping regulation as agency works on final healthcare rule
By
Kathleen Steele Gaivin
Apr 06, 2022
The Department of Labor’s Occupational Safety and Health Administration is proposing amendments to its occupational injury and illness recordkeeping regulation as it works to establish a final rule meant...
Bereavement leave, family responsibilities focus of state’s pending employment laws
By
Kathleen Steele Gaivin
Apr 06, 2022
Pending bills in the California Legislature would require employers to offer bereavement leave and add “family responsibilities” as a protected class under the Fair Employment and
Feds add 35,000 visas to seasonal worker program
By
Kathleen Steele Gaivin
Apr 05, 2022
An additional 35,000 H-2B worker visas will be available for the second half of fiscal year 2022, the departments of Labor and Homeland Security have announced.
Biden proposes $88.2 billion over five years to prepare for future pandemics
By
Kathleen Steele Gaivin
Mar 30, 2022
Even as the country works to recover from the COVID-19 public health crisis, the Biden administration is preparing for future pandemics by proposing $88.2 billion for pandemic preparedness in its fiscal...
Government underinvestment responsible for aging services infrastructure decline: LeadingAge CEO
By
Kathleen Steele Gaivin
Mar 29, 2022
The COVID-19 pandemic has brought to light “decades of state and federal underinvestment in our aging services infrastructure,” Katie Smith Sloan, president and CEO of LeadingAge, wrote in an opinion...