What the inflation rate increase to 8.5 percent means to senior living
By
Kathleen Steele Gaivin
Apr 14, 2022
The inflation rate is higher than it’s been in almost 40 years, and the consumer price index increased 1.2% in March on a seasonally adjusted basis after rising 0.8% in February, the Bureau of Labor...
Lutheran Senior Services/Diakon agreement forms one of largest US nonprofit LTC organizations
By
Kathleen Steele Gaivin
Mar 29, 2024
Diakon Senior Living operations and its four continuing care retirement / life plan communities will become part of Lutheran Senior Services under an agreement announced Wednesday that the organizations...
Labor unionization among healthcare workers remains low: JAMA study
By
Kathleen Steele Gaivin
Jan 03, 2023
The National Labor Relations Board had 58% more union election petitions in the first nine months of 2022 compared with the same time frame the year before. However, labor unionization among healthcare...
Digital transformation improves productivity at CCRC
By
Kathleen Steele Gaivin
Feb 22, 2023
Digital transformation initiatives improved productivity at United Methodist Communities of New Jersey, according to a case study by the LeadingAge Center for Aging Services Technologies. UMC of New Jersey...
Omicron, costs, funding loss stalling long-term care recovery, experts say
By
Kathleen Steele Gaivin
May 12, 2022
Many factors are at work to slow long-term care recovery according to panelists at Wednesday’s Leadership Huddle of the National Investment Center for Seniors Housing & Care.
Debt market liquidity top concern for long-term care investors: survey
By
Kathleen Steele Gaivin
Nov 14, 2023
Half of long-term care investors see debt market liquidity as their top concern over the next 12 months, according to Cushman & Wakefield’s recent survey of more than 90 industry leaders. Sixty-eight...
Inflation drives unstable bond financing in first half of 2022: Ziegler
By
Kathleen Steele Gaivin
Jul 27, 2022
Driven by inflation, bond financing has been slow and unstable during the first half of the year, according to specialty investment bank Ziegler.
Third-quarter earnings reports: Ventas, National HealthCare Corp.
By
Kathleen Steele Gaivin
Nov 07, 2022
Chicago-based real estate investment trust Ventas held its third-quarter earnings call Friday, and the Murfreesboro, TN-based National HealthCare Corp. reported its earnings in a press release.
Having an employee handbook is a ‘no brainer’ for employers, expert says
By
Kathleen Steele Gaivin
Oct 26, 2023
In the United States, having an employee handbook is a “no brainer,” with no downside for the employer, attorney Harry D. Jones, international employment and labor law chair at law firm Polsinelli,...
EEOC aims to strengthen protections for temporary, older and LGBTQ+ workers
By
Kathleen Steele Gaivin
Jan 13, 2023
The Equal Employment Opportunity Commission will increase its focus on protecting people with disabilities, older workers, LGBTQ+ individuals and temporary workers over the next five years, according to...