It’s a good time to lock in long-term interest rate, expert says
By
Kathleen Steele Gaivin
Jan 26, 2024
Current debt market rates are volatile, but that’s no reason to put off locking in a long-term interest rate, according to one industry expert.
CNA-to-LPN bridge program graduates first class
By
Kathleen Steele Gaivin
Jan 25, 2024
Last year, the Healthcare Association of Hawaii, along with more than 70 businesses and the University of Hawaii community colleges, committed to participating in a $35 million workforce development initiative....
Transforming Age expands into California with Elder Care Alliance affiliation
By
Kathleen Steele Gaivin
Jan 23, 2024
Alameda, CA-based Elder Care Alliance joined the Transforming Age network last week, expanding the Bellevue, WA and Omaha, NE-based not-for-profit senior living operator’s footprint into California.
CCRC outlook not getting worse but also not improving much, Fitch says
By
Kathleen Steele Gaivin
Jan 19, 2024
Fitch Ratings’ outlook for continuing care retirement / life plan communities is “deteriorating,” according to the company’s senior director and sector lead for life plan communities, Margaret...
On-site clinic helps CCRC residents age in place, exec says
By
Kathleen Steele Gaivin
Jan 17, 2024
St. Mark Village, a continuing care retirement community in Palm Harbor, FL, has added a full-service, primary care clinic run by Curana Health. It opened Jan. 4 and serves residents and employees.
Cap reached for H-2B visas as new tools are planned for H-1B visas
By
Kathleen Steele Gaivin
Jan 17, 2024
US Citizenship and Immigration Services has received enough petitions to reach the congressionally mandated cap for the additional 20,716 visas made available for returning workers for the first half of...
Governor reevaluates $25 minimum wage for healthcare workers
By
Kathleen Steele Gaivin
Jan 12, 2024
In the wake of a projected $38 billion deficit, California Gov. Gavin Newson (D) is reevaluating an incremental minimum wage increase to $25 an hour for nursing homes, assisted living and other healthcare-related...
Cost of linked-benefit LTC insurance drops by up to 27 percent from last year
By
Kathleen Steele Gaivin
Jan 12, 2024
Individuals are paying up to 27% less for linked-benefit long-term care insurance coverage than they were a year ago, according to an annual price index released Thursday by the American Association for...
Public policy must address flaws in long-term care financing, experts say
By
Kathleen Steele Gaivin
Jan 11, 2024
Public policy needs to address flaws in Medicaid funding and encourage private planning for long-term care, according to experts speaking Tuesday during a panel discussion hosted by the Paragon Health...
Court approves $63 million plan for LCS to buy debt-ridden CCRC
By
Kathleen Steele Gaivin
Jan 04, 2024
A New York continuing care retirement / life plan community has been approved for sale to Life Care Services for $63 million after it had filed for bankruptcy protection for the third time in nine years...