Private letter ruling gives Welltower added flexibility in managing independent living units
By
Kathleen Steele Gaivin
Nov 28, 2022
A private letter ruling by the Internal Revenue Service will provide Toledo, OH-based Welltower with “significant flexibility” in operating its approximately 45,000 independent living units, the real...
American Healthcare REIT properties ‘generally performed well’ in Q3, exec says
By
Kathleen Steele Gaivin
Nov 22, 2023
American Healthcare REIT’s properties “generally performed well” in the third quarter, President and CEO Danny Prosky wrote in a letter to investors that was filed Monday with the Securities and...
Workforce training program being evaluated by LeadingAge LTSS Center
By
Kathleen Steele Gaivin
Aug 08, 2023
The LeadingAge LTSS Center @UMass Boston has been selected to evaluate the three-year Gateway-In Project, a workforce training initiative designed by LeadingAge California.
National HealthCare Corp., CareTrust REIT and Ventas presented second-quarter earnings results on Friday.
Student loan debt is negatively affecting worker retirement saving, experts say
By
Kathleen Steele Gaivin
Feb 12, 2024
Student loan debt is hindering the amount of money workers can contribute to their 401(k)s and other retirement savings plans, according to the results of a three-year study by the Employee Benefit Research...
Brookdale’s $125M offering of tangible equity units causing concern for investors
By
Kathleen Steele Gaivin
Nov 22, 2022
Brookdale Senior Living’s recent announced that it began a public offering of 2.5 million tangible equity units, with an aggregate stated amount of $125 million, is fueling concerns among some investors,...
Living wills not relevant in signing arbitration agreements, court says
By
Kathleen Steele Gaivin
Apr 02, 2024
Being the power of attorney of a living well does not give that person the right to sign arbitration agreements on behalf of the patient, the California Supreme Court ruled last Thursday. The decision...
Hawaii provider association among partners in $35 million workforce development initiative
By
Kathleen Steele Gaivin
Mar 06, 2023
The Healthcare Association of Hawaii, along with more than 70 businesses and the University of Hawaii community colleges, have committed to participating in a $35 million workforce development initiative....
Bill aims to override Supreme Court decision on Chevron deference
By
Kathleen Steele Gaivin
Jul 24, 2024
Legislation introduced Tuesday in the Senate would override the Supreme Court’s recent decision in Loper Bright Enterprises v. Raimondo to overturn the so-called Chevron doctrine, which held that...
Feds aim to strengthen immigrant workforce, but do plans go far enough for long-term care?
By
Kathleen Steele Gaivin
Jan 30, 2023
New federal plans to strengthen the country’s immigrant workforce might bring the long-term care sector one step closer to alleviating its workforce shortage. But some wonder whether the plans go far...