Welltower codifies ESG initiatives in formal policy
By
Kathleen Steele Gaivin
Jun 28, 2024
Welltower has formalized its environmental, social and governance commitment in a board-approved ESG policy, according to the Toledo, OH-based real estate investment trust’s annual ESG report, released...
Lawmakers’ efforts aim to extend solvency of Social Security
By
Kathleen Steele Gaivin
Mar 07, 2023
A bill aimed at extending the solvency of the Social Security program has been proposed by Sens. Bernie Sanders (I-VT) and Elizabeth Warren (D-MA) as well as Reps. Jan Schakowsky (D-IL) and Val Hoyle (D-OR)....
‘Deteriorating’ outlook for CCRCs to continue for rest of year: Fitch
By
Kathleen Steele Gaivin
Jun 26, 2024
The “deteriorating” outlook for the not-for-profit continuing care retirement / life plan communities sector will continue for the rest of the year, “indicating our expectation that credit pressures...
Unions advise NLRB to rescind old ‘joint employer’ rule and also drop new one
By
Kathleen Steele Gaivin
Jun 17, 2024
The AFL-CIO and the Service Employees International Union have petitioned the National Labor Relations Board to rescind a 2020 joint employer rule but also back off on trying to implement a replacement,...
Proposed merger ‘best path forward’ for DHC, REIT says, but shareholder group disagrees
By
Kathleen Steele Gaivin
May 24, 2023
The “inconsistent” performance of the senior housing properties in Diversified Healthcare Trust’s portfolio is one reason that the Newton, MA-based real estate investment trust’s previously announced...
Recession could exacerbate ‘deteriorating’ outlook for CCRCs: Fitch
By
Kathleen Steele Gaivin
Sep 19, 2023
A possible recession is looming around the corner and could spell trouble for continuing care retirement / life plan communities, according to a report released Monday by Fitch Ratings.
Supreme Court affirmative action ruling could affect hiring practices
By
Kathleen Steele Gaivin
Jul 05, 2023
The Supreme Court’s affirmative action ruling Thursday related to college and university admissions could affect hiring practices at businesses, experts say.
Outlook for senior living and care ‘somewhat mixed,’ Ziegler predicts
By
Kathleen Steele Gaivin
Feb 15, 2024
This year’s economic challenges for senior living and care will be “somewhat mixed,” according to specialty investment bank Ziegler’s annual recap of the previous year and predictions for the year...
Electronic signatures are new arbitration agreement challenge
By
Kathleen Steele Gaivin
Feb 07, 2024
Electronic signatures in arbitration agreements pose a potential challenge for employers, according to attorney Michael Kun, co-chair of law firm Epstein, Becker & Green’s wage and hour practice group.
Nursing home workforce recovery will take until 2026 without a ‘boost’: AHCA
By
Kathleen Steele Gaivin
Aug 09, 2022
Recovery to pre-pandemic staffing levels in nursing homes could take until 2026 unless the industry receives a “boost” from policymakers, the American Health Care Association said Monday.