Diversified Healthcare Trust senior living portfolio on path to stabilization: CEO
By
Kimberly Bonvissuto
Aug 05, 2022
Diversified Healthcare Trust’s second-quarter results showed continued and encouraging recovery for the senior living portfolio, President and CEO Jennifer Francis said during Thursday’s earnings call.
Proposed overtime rule is ‘bad policy’ that senior living providers cannot absorb, groups say
By
Kimberly Bonvissuto
Nov 09, 2023
A new overtime rule proposed by the federal government would worsen workforce issues for senior living providers and create unintended consequences for workers and residents, according to industry advocacy...
Proposed overtime rule would worsen workforce, resident access issues, provider groups fear
By
Lois A. Bowers
Aug 31, 2023
A Labor Department-proposed rule that would make approximately 3.6 million more salaried workers and so-called highly compensated employees eligible for overtime pay is “ill-timed” and would worsen...
Increasing minimum wage would worsen assisted living workforce challenges, not fix them, coalition says
By
Kimberly Bonvissuto
May 02, 2023
A California bill that proposes increasing the minimum wage to $25 for direct care workers and support staff members has plenty of opponents, including senior living industry advocates.
Long-term care shows signs of recovery despite inflationary headwinds
By
Kathleen Steele Gaivin
Sep 16, 2022
Despite persistent labor and inflationary headwinds, senior living and skilled nursing are seeing growth in occupancy and rents, according to new reports from Marcus & Millichap released Wednesday.
Outreach, advocacy, education keys to solving workforce issues, Argentum says
By
Kimberly Bonvissuto
Sep 16, 2022
Heightened outreach, advocacy and education will be keys to addressing workforce shortages in senior living, according to Argentum.
New law creates oversight of staffing agencies but doesn’t protect against ‘price-gouging’
By
Kimberly Bonvissuto
Nov 07, 2022
A new law in Pennsylvania will create oversight and accountability for long-term care staffing agencies, but it does not address the rates they charge.
Staffing remains top challenge for senior living operators: NIC
By
Kimberly Bonvissuto
Dec 17, 2021
Staffing shortages continue to plague senior living and other long-term care operators, with attracting community and caregiving staff remaining a “significant challenge,” along with increasing turnover,...
Raises from coast to coast: hourly minimum wage reaches or surpasses $15 in 2021
By
Kimberly Bonvissuto
Jan 06, 2021
Twenty states and 32 cities and counties increased their minimum wage as of Jan. 1, with 27 of these jurisdictions reaching or exceeding $15 an hour, according to the National Employment Law Project.
‘Rich opportunities, daunting challenges’ ahead for senior living: report
By
Kimberly Bonvissuto
Feb 08, 2024
2024 will bring both “rich opportunities” and “daunting challenges” as senior living takes “two steps forward and one back,” according to a new Argentum industry forecast report.