Overtime pay proposals could add up to trouble for nursing homes, workers, senator says
By
Kathleen Steele Gaivin
May 19, 2023
Proposals to increase the threshold for overtime pay could have serious repercussions for nursing home operators and staff members, Sen. Mike Braun (R-IN), ranking member of the Senate Special Committee...
Nursing home lawsuits contest $20 million cap on pandemic-related loans
By
Kathleen Steele Gaivin
May 18, 2023
The Small Business Administration overstepped its authority in setting a $20 million cap on Paycheck Protection Program loans, according to lawsuits filed Monday by nursing home company Accordius Health...
Decades-old CNA training lockout would change under re-introduced bill
By
Kathleen Steele Gaivin
May 16, 2023
A two-year lockout on certified nursing assistant training programs in skilled nursing facilities with deficiencies would be lifted under certain conditions if the bipartisan Ensuring Seniors’ Access...
Loans for new construction bounced back in 4th quarter: NIC
By
Kathleen Steele Gaivin
May 12, 2023
After a sharp decline in the issuance of mini-perm/bridge debt for senior living in the third quarter of 2022 , senior living loans bounced back in the fourth quarter to levels seen earlier in the year,...
2023 McKnight’s Tech Awards now accepting nominations
By
James M. Berklan
May 11, 2023
The 2023 McKnight’s Tech Awards + Summit are now open for nominations and registrations, respectively.
CEOs concerned about bank stability: report
By
Kathleen Steele Gaivin
May 11, 2023
Sixty-two percent of corporate CEOs participating in a Marcum LLP -Hofstra University survey said they are somewhat to very concerned about their company bank’s stability, according to the results, released...
FFS admissions grow 5.8% for skilled nursing, drop 8.6% for home health: report
By
Kathleen Steele Gaivin
May 10, 2023
Medicare fee-for-service admissions increased among skilled nursing facilities by 5.8% and decreased among home health providers year-over-year in the third quarter of 2022, according to a report released...
April’s jobless rate ties January’s record low at 3.4%
By
Kathleen Steele Gaivin
May 09, 2023
After a slight bump in March, the nation’s jobless rate slipped to 3.4%, tying it with January’s record low. That’s the lowest jobless level in 54 years.
Coalition of 400+ groups calls on Congress to fix ‘broken’ immigration system
By
Kathleen Steele Gaivin
May 05, 2023
A new coalition that includes the American Health Care Association, LeadingAge, the American Seniors Housing Association and more than 400 other national and state-level business groups is calling on Congress...
Evidence points to improving job market in senior living, economist says
By
Kathleen Steele Gaivin
May 03, 2023
“There’s evidence of improvements in the job market for senior housing,” Beth Burnham Mace, National Investment Center for Seniors Housing and Care chief economist and director of outreach, said...