GOP senator announces Social Security, Medicare funding bill
By
Kathleen Steele Gaivin
Feb 14, 2023
Sen. Rick Scott (R-FL) has proposed a bill to fund Social Security and Medicare. The action follows President Biden’s statements during last week’s State of the Union address that Republicans are looking...
Those past traditional retirement age may be a solution to worker shortfalls
By
Kathleen Steele Gaivin
Feb 10, 2023
So-called employment extenders — those who continue to work in their fields beyond the traditional retirement age — make up the fastest growing segment of the labor market, according to a new research...
CVS Health and Healthpeak Properties presented fourth-quarter and full-year 2022 earnings results on Wednesday.
Cogeneration system harnesses power of clean energy for long-term care operator
By
Kathleen Steele Gaivin
Feb 08, 2023
It takes a lot of energy to heat and cool Hebrew Home of Riverdale’s 32-acre campus on Hudson River in the Bronx, NY. When it came time to replace aging equipment — some buildings are well over 100...
Earnings calls roundup: Omega, Ensign, RMR
By
Kathleen Steele Gaivin
Feb 06, 2023
The Ensign Group, Omega Healthcare Investors and The RMR Group held earnings calls on Friday.
Headwinds may stall CCRC recovery, Fitch Ratings says
By
Kathleen Steele Gaivin
Jan 27, 2023
Although demand is high for continuing care life plan communities, some headwinds may stall total recovery for the sector, according to the experts at Fitch Ratings.
Republicans take aim at Social Security, Medicare in debt reduction talks
By
Kathleen Steele Gaivin
Jan 25, 2023
The United States reached its debt limit of $31.4 trillion Thursday. As Congress looks to reduce spending, some House Republicans are taking aim at Social Security and Medicare.
SNF operators to continue to see profit margins shrink: report
By
Kathleen Steele Gaivin
Jan 23, 2023
Skilled nursing facilities operators should expect their profit margins to continue to shrink over the next four years, even as other segments of long-term care see modest gains. That’s according to...
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.
Skilled nursing deals see record year amongst senior housing and care M&A
By
Kathleen Steele Gaivin
Jan 12, 2023
Skilled nursing transactions set a record in 2022 for the highest number of transactions in a single year, according to data from LevinPro LTC.