Spending in home care outpaces other healthcare sectors
By
Kathleen Steele Gaivin
Feb 02, 2024
Spending in home healthcare outpaced other healthcare sectors in November, according to Altarum’s monthly Health Sector Economic Indicators brief, released Wednesday.
Health/education sector adds 17,000 jobs in January
By
Kathleen Steele Gaivin
Feb 01, 2024
The health/education sector added 17,000 jobs in January, and median pay increased 5.9% for people who stayed in jobs in the sector, according to the ADP National Employment Report, released Wednesday.
Independent contractor rule poses ‘significant threat’ to older workers, senators tell Labor Department
By
Kimberly Bonvissuto
Jan 31, 2024
A new federal rule changing the definition of when someone is an independent contractor versus an employee could pose a “significant threat” to older working Americans’ income, security and peace...
Retirees head back to work amid economic fears: report
By
Kathleen Steele Gaivin
Jan 29, 2024
An increasing number of retired workers are heading back into the workforce amid economic fears, according to the results of a recent survey from Nationwide Retirement Institute.
Senior living and care among leaders in healthcare bankruptcies in 2023
By
Kathleen Steele Gaivin
Jan 26, 2024
Healthcare bankruptcies hit a record high last year, with long-term care second only to pharmaceutical companies in filings, according to a report published Thursday by healthcare restructuring advisory...
Welltower net income falls below previously issued guidance
By
Kathleen Steele Gaivin
Jan 23, 2024
Ahead of a scheduled Feb. 14 earnings call, Welltower on Monday published a business update in which the Toledo, OH-based real estate investment trust noted that full year 2023 net income attributable...
Student loan repayment program latest recruitment tool being tested by provider
By
Kimberly Bonvissuto
Jan 22, 2024
A new student loan repayment program — with no lifetime cap — is being used by one senior living provider as a recruitment tool for clinical staff members who have daunting school debt.
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...
OSHA civil penalty amounts adjusted for 2024, effective today
By
Kathleen Steele Gaivin
Jan 16, 2024
Changes to Occupational Safety and Health Administration civil penalty amounts based on cost-of-living adjustments for 2024 went into effect today.
HumanGood awarded $26.48 million to fund ‘green’ efforts at 3 communities
By
Kathleen Steele Gaivin
Jan 16, 2024
Three of HumanGood’s affordable senior housing communities have received a total of $26.48 million in grants under the first wave of the Department of Housing and Urban Development’s Green and Resilient...