Foundation for Senior Living joins self-driving car public education campaign … December Fed rate hike all but certain despite low inflation … Florida operators can seek generator-rule variance...
BLS: Nursing, residential care facilities add 11,000 jobs in February
By
Kathleen Steele Gaivin
Mar 11, 2024
Nursing and residential care facilities, collectively, generated 11,000 jobs in February, according to Friday’s jobs report from the Bureau of Labor Statistics.
Business briefs, Aug. 26
By
Kathleen Steele Gaivin
Aug 26, 2022
Inflation Reduction Act provides $25B for affordable housing … Amazon pulling plug on Amazon Care … Fitch Ratings affirms Friends Homes at BBB-; outlook stable … Bright Star acquires eight franchises...
OSHA civil penalty increases effective today
By
Kathleen Steele Gaivin
Jan 17, 2023
Changes to OSHA civil penalty amounts based on cost-of-living adjustments for 2023 went into effect today.
Business briefs for Friday, Aug. 28
Aug 29, 2020
New Fed approach to inflation could keep interest rates low for even longer … Monticello provides $2M in working capital financing for Wisconsin SNF portfolio … Cedarhurst Senior Living opens new community...
‘Wave of demand’ coming in senior living, experts say
By
Kathleen Steele Gaivin
Jan 11, 2023
Senior living is a growth sector, John Chang, senior vice president of research services at Marcus & Millichap, said during a Tuesday afternoon webcast sponsored by the real estate investment services...
Increased financial pressure looms, but outlook for CCRCs is balanced, Fitch says
By
Kathleen Steele Gaivin
Apr 17, 2023
Increased financial pressure is heading down the pike, with a mild recession likely in the months ahead. That’s according to commentary from Fitch Ratings.
Business briefs, Jan. 7
By
Kathleen Steele Gaivin
Jan 07, 2022
Governor announces plans to distribute 1 million rapid COVID tests to assisted living communities, nursing homes; LeadingAge Florida applauds … Fed discusses faster rate hikes to counter inflation …...
Long-term care M&A activity increases to 110 deals in second quarter
By
Kathleen Steele Gaivin
Jul 18, 2023
The number of publicly announced senior living and skilled nursing-related mergers and acquisitions increased by 11% during the second quarter of the year, to 110 deals from 99 transactions in the first...
Proposed changes could double budget rate increase for affordable senior housing providers
By
Kimberly Bonvissuto
Nov 22, 2022
A proposed change in how operating costs are calculated for affordable housing communities is projected to double the annual budget rate increase for those providers in 2023.