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...
Don’t be happy, worry
By
John O'Connor
Jan 18, 2024
Well, senior living operators, it might be time to reach for the antacids. Because optimism is spreading like wildfire.
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...
Fitch assigns ‘deteriorating’ outlook to CCRC sector for second consecutive year
By
Kathleen Steele Gaivin
Jan 10, 2024
Fitch Ratings has assigned the continuing care retirement / life plan community sector a rating of “deteriorating” for the second year in a row.
Healthcare employment growth slowed in December
By
Kathleen Steele Gaivin
Jan 08, 2024
Job growth in the healthcare sector could be slowing, according to data released Friday by the Bureau of Labor Statistics.