New bill would overhaul nation’s workforce training and development system
By
Kathleen Steele Gaivin
Dec 12, 2023
Reps. Virginia Foxx (R-NC) and Bobby Scott (D-VA), chair and ranking member of the House Education and the Workforce Committee, respectively, recently introduced legislation aimed at overhauling the nation’s...
Senior living lending increases as investors adjust to changing capital market
By
Kathleen Steele Gaivin
Feb 23, 2024
The issuance of new permanent debt for senior living increased during the third quarter of 2023, according to a lending trends report released by NIC Analytics.
Insurance companies pocketing millions in overpayments through their Medicare Advantage subsidiaries,...
By
Kathleen Steele Gaivin
Nov 22, 2022
The Centers for Medicare & Medicaid Services released the results of 90 audits of Medicare Advantage plans. The federal audits discovered $12 million in net overpayments for the care of 18,090 patients...
Fitch says ratings changes could benefit SNF-heavy CCRCs
By
Kathleen Steele Gaivin
Mar 18, 2024
Fitch Ratings’ proposed changes to the way it rates not-for-profit continuing care retirement / life plan communities are designed to provide “much more transparency around [communities] that don’t...
Welltower exceeds $1 billion of annualized net operating income in senior living segment
By
Kathleen Steele Gaivin
Aug 02, 2023
Welltower’s senior living results for the second quarter exceeded expectations, CEO Shankh Mitra said Tuesday on the Toledo, OH-based real estate investment trust’s quarterly earnings call.
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.
Nurse engagement varies by generation, shift time, care setting
By
Kathleen Steele Gaivin
Sep 26, 2023
Most of America’s registered nurses report being “fully engaged” or “engaged” at work, according to the results of a new survey from market research and consulting company PRC. But the...
Employers’ severance agreement actions can be unlawful even if employee doesn’t sign, NLRB says
By
Kathleen Steele Gaivin
Mar 24, 2023
Employers received additional guidance about severance agreements Wednesday in a memo from National Labor Relations Board General Counsel Jennifer Abruzzo to all field offices in light of the board’s...
Sabra Health Care REIT to move HQ to nearby building ‘in line with ESG initiatives’
By
Kathleen Steele Gaivin
Apr 06, 2023
Sabra Health Care REIT is moving its headquarters from Irvine, CA, to nearby Tustin, CA, due to environmental concerns and a changing need for square footage, CEO Rick Matros told the McKnight’s Business...
Christian Living Communities partners with state to train CNAs
By
Kathleen Steele Gaivin
Jan 13, 2023
Denver-based Christian Living Communities has extended its signature mentorship program for certified nursing assistants to the state of Wisconsin.