Provider partners with local college to upgrade lab to train nursing assistants
By
Kathleen Steele Gaivin
Apr 20, 2023
Oak Terrace North Mankato, an Oak Terrace Senior Living community in North Mankato, MN, is formalizing its relationship with nearby South Central College on a nursing assistant lab that now bears the provider’s...
PharMerica, BrightSpring data breach ‘does not currently impact operations’
By
Kathleen Steele Gaivin
Apr 11, 2023
National long-term care pharmacy PharMerica Corp. and BrightSpring Health Services experienced a cyber breach in late March, a BrightSpring Health Services spokesperson told the McKnight’s Business Daily...
55 percent of surveyed SNFs operating in the red, limiting admissions: AHCA
By
Kathleen Steele Gaivin
Jan 11, 2023
Fifty-five percent of skilled nursing providers responding to a recent survey by the American Health Care Association say that they are operating in the red, and 48% of respondents said that they would...
CCRC ratings unlikely to be affected by SNF staffing mandates: Fitch
By
Kathleen Steele Gaivin
Sep 21, 2023
The minimum staffing rule that most nursing homes will be required to meet within the next three years will add to staffing pressures at continuing care retirement / life plan communities, but it will...
Cap rates increase by 74 basis points across all segments of senior living and care
By
Kathleen Steele Gaivin
Jan 03, 2024
The average senior housing and care capitalization rate across all segments increased by 74 basis points between April and October, according to results of the 13th edition of CBRE’s US Senior Housing...
WH budget proposes ‘flat’ funding on some affordable housing programs
By
Kathleen Steele Gaivin
Mar 20, 2024
President Joe Biden’s proposed budget promises moderate-level financing of some affordable senior housing programs.
Federal interventions needed to support immigrants, a solution to workforce shortages: report
By
Kathleen Steele Gaivin
Sep 28, 2023
Federal-level policy interventions, such as providing work authorizations and pathways to citizenship, are needed to better support immigrant direct care workers and address workforce shortages, according...
Business briefs, Aug. 1
By
Kathleen Steele Gaivin
Aug 01, 2024
CMS increase abilities to fine nursing homes, hikes Medicare pay by 4.2% … CMS gives hospices payment bump of 2.9% for FY 2025 … USCIS to conduct second random selection for H-1B cap registrations...
Expert questions task force’s authority to enforce employee misclassification recommendations
By
Kathleen Steele Gaivin
Dec 06, 2022
The Pennsylvania Department of Labor & Industry’s Joint Task Force on Misclassification of Employees has submitted its recommendations to the state General Assembly.
Proposed national paid leave program could ‘open up larger conversation’
By
Kathleen Steele Gaivin
Mar 15, 2024
President Joe Biden’s proposed budget for 2025 includes a measure to establish a national paid family and medical leave program. The program would be administered by the Social Security Administration.