CCRC ratings unlikely to be affected by SNF staffing mandates: Fitch
By
Kathleen Steele Gaivin
Sep 21, 2023
The minimum staffing rule that most nursing homes will be required to meet within the next three years will add to staffing pressures at continuing care retirement / life plan communities, but it will...
End of pandemic-era payments to family caregivers could complicate workforce shortages
By
Kathleen Steele Gaivin
Sep 20, 2023
During the pandemic, most states allowed some form of payment to family caregivers whose loved ones were receiving Medicaid home- and community-based services. As those payments dry up, workforce shortages...
Recession could exacerbate ‘deteriorating’ outlook for CCRCs: Fitch
By
Kathleen Steele Gaivin
Sep 19, 2023
A possible recession is looming around the corner and could spell trouble for continuing care retirement / life plan communities, according to a report released Monday by Fitch Ratings.
RN training would receive $1.2 billion boost under Senate bill
By
Kathleen Steele Gaivin
Sep 18, 2023
Community colleges and universities would receive $1.2 billion in grants to boost the number of students enrolled in accredited, two-year registered nursing programs if a bill introduced into the Senate...
Bill would increase federal minimum wage to $11 an hour
By
Kathleen Steele Gaivin
Sep 15, 2023
Republican senators Bill Cassidy (LA), Susan Collins (ME), Shelley Moore Capito (WV), Tom Cotton (AR), Mitt Romney (UT) and JD Vance (OH) on Wednesday introduced a bill that would gradually increase the...
Ventas ‘very engaged’ with shareholders, CEO says
By
Kathleen Steele Gaivin
Sep 13, 2023
Ventas CEO Ventas Chairman and CEO Debra Cafaro on Tuesday challenged allegations made a day earlier by Land & Buildings Investment Management as the activist shareholder called into question the Chicago-based...
Welltower touts ‘strengthening fundamentals’ in third quarter
By
Kathleen Steele Gaivin
Sep 12, 2023
The third quarter has been marked by “strengthening seniors housing fundamentals driving continued momentum during peak leasing season,” Toledo-based real estate investment trust Welltower said Monday...
Unions make economy ‘more equitable and robust,’ Treasury Department says
By
Kathleen Steele Gaivin
Sep 07, 2023
“Pro-union policy can make a real difference to middle-class households by raising their incomes, improving their work environments, and boosting their job satisfaction. In doing so, unions can help...
Diversified Healthcare Trust, Office Properties Income Trust call off merger
By
Lois A. Bowers
Sep 01, 2023
Diversified Healthcare Trust and Office Properties Income Trust have called off their planned merger, the companies announced late Friday.
‘ESG controller’ emerges as new role, while some firms keep silent about initiatives
By
Kathleen Steele Gaivin
Aug 25, 2023
Even as organizations work toward compliance with environmental, social and governance disclosure requirements, fewer than half (45.7%) of professionals are confident that their company is where it should...