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.
Supreme Court expands employers’ requirements for religious accommodations
By
Kathleen Steele Gaivin
Jun 30, 2023
How far must an employer go to accommodate a workers’ religious practices? The Supreme Court ruled Thursday that an employer’s financial hardship must be more than a minimal one to deny a worker time...
Nursing home spending grows 0.82% month over month
By
Kathleen Steele Gaivin
Jun 29, 2023
Spending for nursing home care at a faster rate than other healthcare sectors in April, increasing by 3.6% month over month, according to Altarum’s latest monthly Health Sector Economic Indicators brief,...
Trustwell much larger after adding 16 communities to portfolio
By
Kathleen Steele Gaivin
Jun 27, 2023
New York City-based Trustwell Living has added 16 assisted living and memory care communities to its holdings, greatly expanding its five-community portfolio to 21 communities.
Supreme Court arbitration ruling ‘good news’ for senior living and care providers
By
Kathleen Steele Gaivin
Jun 26, 2023
The Supreme Court’s Friday decision in an arbitration-related case is “good news” for senior living and care providers, attorneys tell McKnight’s Business Daily.
Legislators look to ‘tap the breaks’ on private equity investments in healthcare, expert says
By
Kathleen Steele Gaivin
Jun 21, 2023
Healthcare transactions have been “robust” over the past decades, but the past five years or so have been “a particularly active period” with a “spike” coming in 2020 and into 2022 as pandemic...
Entrance-fee CCRCs outpace rental ones in occupancy
By
Kathleen Steele Gaivin
Jun 20, 2023
Continuing care retirement / life plan communities that charge an entrance fee have fared better lately in terms of occupancy than rental communities, according to specialty investment bank Zigler.
Overtime rule publication pushed to August
By
Kathleen Steele Gaivin
Jun 16, 2023
The Department of Labor Wage and Hour Division has pushed back publication of its overtime rule proposal from May to August.
Fed ‘may have gone too far’ with rapid interest rate increases, expert says
By
Kathleen Steele Gaivin
Jun 14, 2023
A risk exists that the Federal Reserve “may have gone too far” with rapid interest rate increases over the past 14 months or so “and won’t know until they’ve gone farther,” Mary Ludgin, senior...
Wage inflation is a continued headwind for CCRCs, SNFs
By
Kathleen Steele Gaivin
Jun 13, 2023
Wage inflation remains a headwind continuing care retirement / life plan communities and skilled nursing facilities, according to Fitch Ratings in its latest about the sector