Long-term care adds 9,000 jobs in May, Labor Department says
By
Kathleen Steele Gaivin
Jun 05, 2023
Nursing and residential care facilities added 9,000 jobs in May, according to employment data released Friday by the Department of Labor’s Bureau of Labor Statistics.
Business briefs, Nov. 8
By
Kathleen Steele Gaivin
Nov 08, 2022
Long-term care picks up 11,000 jobs, but recovery resembles roller-coaster ride … Coalition letter urges Congress to approve higher domestic, international spending levels … Reliq Health Technologies...
NIC MAP Vision offers listings service for senior housing real estate brokers
By
Kathleen Steele Gaivin
Mar 01, 2023
Raleigh, NC-based NIC MAP Vision has launched a new feature — a listings service for brokers of senior living real estate.
Business briefs, July 15
By
Kathleen Steele Gaivin
Jul 15, 2024
Senior living sees overall occupancy increase for 12th quarter in a row … $5M program puts CNAs at center of expanded geriatric care network …Morning Pointe of Hardin Valley earns deficiency-free state...
Senior living investors struggle with near-term challenges
By
Kathleen Steele Gaivin
Nov 03, 2023
Senior living deals have been fraught this year with near-term challenges, such as higher interest rates, instability of some regional banks and turbulent capital markets, according to a new report from...
Here’s where retirees’ savings could last longer
By
Kathleen Steele Gaivin
Jun 17, 2024
Overall spending for Americans aged 65 or more years has increased by 43.1% over the past decade, according to an analysis by DepositAccounts, so when choosing a place to retire, they may be drawn to places...
Staffing shortages ease for SNFs, but they’re not out of the woods yet
By
Kathleen Steele Gaivin
Oct 18, 2022
Skilled nursing properties reporting shortages of nursing staff dropped from 28% in January to 20.8% in September, according to the National Investment Center for Seniors Housing & Care.
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.
Proposed overtime rule slated for May publication
By
Kathleen Steele Gaivin
Jan 19, 2023
The Department of Labor Wage and Hour Division’s proposed overtime rule will be published in May, according to the Fall 2022 Unified Agenda of Regulatory and Deregulatory Actions published earlier this...
Lutheran Senior Services, Diakon agreement to combine comes to fruition
By
Kathleen Steele Gaivin
Jul 03, 2024
Diakon Senior Living operations and its four continuing care retirement / life plan communities officially became part of Lutheran Senior Services on Monday. The action marks the completion of an agreement...