Supreme Court agrees to hear case determining employer burden of proof regarding overtime pay
By
Kathleen Steele Gaivin
Jun 18, 2024
The Supreme Court said Monday that it will hear a case to determine where the burden of proof lies for an employer claiming to be exempt from paying overtime pay to employees who work more than 40 hours...
Companies should expect higher healthcare costs, insurers say
By
Kathleen Steele Gaivin
Jan 05, 2024
US healthcare costs are expected to increase for employers this year, according to recent reports from insurers.
Healthcare Trust to internalize management, rebrand as National Healthcare Properties
By
Kathleen Steele Gaivin
Jul 02, 2024
Healthcare Trust Inc. plans to rebrand as National Healthcare Properties as it transitions to self-management and internalizes its management functions, the New York-based real estate investment trust...
Pivotal 2023 sets up capital investment opportunities in 2024: DHC
By
Kimberly Bonvissuto
Feb 28, 2024
2023 was a “pivotal year” for Diversified Healthcare Trust as the company made “significant” progress in operational performance across its portfolio, setting 2024 up for the pursuit of capital...
Ventas: Senior living growth and recovery ‘in full swing’
By
Kimberly Bonvissuto
Nov 06, 2023
A strong third quarter was the result of actions taken to drive performance, combined with powerful demand in the senior living market, Ventas Chairman and CEO Debra Cafaro said Friday during a third-quarter...
Invesque prioritizes pruning real estate portfolio
By
Kathleen Steele Gaivin
Feb 23, 2024
Invesque has spent 2024 pruning its real estate portfolio, “cleaning up” the balance sheet and making “certain personnel cutbacks.”
Genworth launches first LTC insurance plan in 5 years as Washington state residents consider ‘crazy’...
By
Kathleen Steele Gaivin
Jul 12, 2024
The one-year anniversary of the effective date of Washington’s first-in-the nation mandatory, tax-based long-term care insurance program passed on July 1, but voters will have the opportunity to...
‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
Biden’s executive order on AI tackles healthcare concerns; clear guidelines a ‘no-brainer,’ industry...
By
Aaron Dorman
Oct 31, 2023
As was anticipated, the Biden administration released a broad but extensive executive order on AI issues such as privacy and data accuracy.
SNFs face ‘increased and increasingly hostile’ government scrutiny, attorneys say
By
Kathleen Steele Gaivin
Jun 06, 2024
The increased scrutiny facing nursing home providers since the COVID-19 pandemic includes “overall increased and increasingly sort of hostile approach by surveyors in the quality-of-care area,” according...