Late boomers — those born between 1960 and 1965 at the tail end of the post-World War II baby boom — are not faring well when it comes to retirement savings. That’s according to a report published...
Hiring bias from AI-powered selection tool costs company $365,000 in settlement
By
Kathleen Steele Gaivin
Aug 16, 2023
The Equal Employment Opportunity Commission last week settled its first-ever lawsuit involving alleged age discrimination through the use of artificial intelligence tools in the hiring process. The result...
Fishers, IN-based healthcare real estate company Invesque and Dallas-based senior living provider Sonida Senior Living held second-quarter earnings calls on Monday.
Loan activity at record low for senior living: NIC
By
Kathleen Steele Gaivin
Aug 11, 2023
The issuance of new permanent debt reached a time series low for senior living — and a near record low for skilled nursing — in the first quarter based on the six years since the National Investment...
Growing need for care outside hospital is opportunity for senior living, skilled nursing providers, experts...
By
Kathleen Steele Gaivin
Aug 09, 2023
About a third of the $4.4 trillion spent last year on healthcare in the United States was from the people over the age of 65, “and the estimate is that this group will represent half of all healthcare...
National HealthCare Corp., CareTrust REIT and Ventas presented second-quarter earnings results on Friday.
Private-sector employment up 324,000 jobs
By
Kathleen Steele Gaivin
Aug 03, 2023
Private-sector employment increased by 324,000 jobs in July, according to the July ADP National Employment Report. The report is produced by the ADP Research Institute in collaboration with the Stanford...
Long-term care wages up 1.1 percent in second quarter, 5.5 percent year over year
By
Kathleen Steele Gaivin
Aug 01, 2023
Nursing and residential care wages increased 1.1% in the second quarter, the Bureau of Labor Statistics reported Friday.
The Ensign Group, Healthpeak Properties and LTC Properties presented second-quarter earnings results on Friday.
Merger with OPI still ‘best path’ for DHC, top exec says
By
Kathleen Steele Gaivin
Jul 28, 2023
A proposed merger with Office Properties Income Trust is the “best path for long-term value preservation” for Newton, MA-based Diversified Healthcare Trust, DHC’s President and CEO Jennifer Francis...