Overtime rule sometimes applies to ‘highly paid’ workers, Supreme Court rules
By
Kathleen Steele Gaivin
Feb 24, 2023
The Supreme Court ruled Wednesday that, under certain circumstances, “highly paid” employees can be eligible for overtime pay if they are paid daily rather than on a salaried basis.
Ongoing lawsuits indicate there’s little advantage to seniors for letting AI determine their MA coverage
By
Aaron Dorman
Apr 04, 2024
A new report calls out the role of AI in validating cost-cutting measures that leave seniors in need without coverage.
Texas power grid leaves some assisted living communities without power for days, raising questions for...
By
Kimberly Bonvissuto
Jul 16, 2024
Texas’ power grid struggled to get homes and business back online after Hurricane Beryl made landfall as a Category 1 storm last week, leaving some assisted living communities and nursing homes grappling...
Pfizer plans to charge more than $100 per COVID-19 shot in 2023
Oct 24, 2022
People with Medicare or Medicaid and those with private health insurance likely would get the vaccine for free.
Merger is ‘best solution’ to Diversified Healthcare Trust’s financial challenges, CEO says
By
Lois A. Bowers
Apr 12, 2023
A merger with Office Properties Income Trust provides Diversified Healthcare Trust with the “best solution” to address several near-term challenges it faces, DHC President and CEO Jennifer Francis...
Masonicare, United Methodist Homes plan merger
By
Kathleen Steele Gaivin
May 17, 2024
Connecticut providers Masonicare and United Methodists Homes plan to merge in a deal expected to close early next year.
Brookdale Senior Living says preliminary financial data ‘favorable’ in first quarter
By
Kathleen Steele Gaivin
Apr 12, 2023
Brookdale Senior Living’s preliminary financial results for the first quarter are “favorable,” the Brentwood, TN-based says
Invesque continues paring portfolio to private-pay senior living
By
Kimberly Bonvissuto
Nov 10, 2022
With the sale of 23 non-core properties to date in 2022, Invesque has continued executing on its strategy to simplify its portfolio and move to predominantly private-pay senior housing.
‘Joint employer’ rule could inhibit ESG initiatives, group cautions
By
Kathleen Steele Gaivin
Dec 12, 2022
The unintended consequence of the National Labor Relations Board’s proposed “joint employer” rule could be a stifling of environmental, social and governance initiatives among corporations....
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.