As companies strive to hire a diverse mix of employees based on gender, racial background and culture, one marker is starkly missing in most diversity, inclusion and equity statements, according to research...
New proposed ‘joint employer’ definition coming in July, NLRB says
By
Kathleen Steele Gaivin
Jun 24, 2022
Changing the definition of joint employer status under the National Labor Relations Act is high on the National Labor Relations Board’s to-do list, according to a list of spring rulemaking priorities...
Nursing home staff turnover up 25 percent from last year: survey
By
Kathleen Steele Gaivin
Aug 01, 2022
The national nursing home staff turnover rate for all employees is up 25% from last year. That’s according to findings included in the 45th annual Nursing Home Salary & Benefits Report released Thursday...
‘Going concern’ doubts raised by Genesis, Signature prompt write-down by Omega, potential write-off...
By
Amy Novotney
Sep 28, 2020
Omega Healthcare Investors announced Thursday that it will move to a cash-basis accounting method for tenants Genesis Healthcare and Agemo Holdings LLC (f/k/a Signature Healthcare). The move comes as Omega...
COVID-19 bill may protect senior living community from liability in resident’s death
By
Kathleen Steele Gaivin
Jul 16, 2021
A provision included in a COVID-19 relief bill passed by the North Carolina General Assembly last year might provide a Charlotte assisted living and memory care community and its parent company immunity...
PwC CFO survey: Global downturn is top COVID-19 concern
By
Amy Novotney
Mar 25, 2020
More than three-quarters of chief financial officers in the United States and Mexico are worried that the coronavirus pandemic will lead to a global recession, finds a pulse survey released this week by...
Long-term care staffing agency to pay $7.2 million in back wages, damages after federal court ruling
By
Kathleen Steele Gaivin
Jan 31, 2022
Virginia staffing agency that serves long-term care providers will pay more than $7.2 million in back wages and damages after intentionally violating federal laws and denying 1,105 certified nursing aides,...
Average senior housing and care capitalization rate falls below pre-pandemic average: CBRE
By
Kathleen Steele Gaivin
Apr 08, 2022
The average senior housing capitalization rate fell by 13 basis points year-over-year and is now below the first half of fiscal year 2020 pre-pandemic average. That’s according to the 11th edition of...
No end in sight for construction labor shortage, experts say
By
Kathleen Steele Gaivin
Jun 30, 2022
The labor shortage in construction isn’t going away any time soon. In fact, it is expected to intensify over the next six months, Bisnow reported.
A new middle-market senior living brand, Truewood by Merrill, has been launched by Merrill Gardens and is gradually rolling out to 23 communities in 13 of the 20 states in which the company operates.