Government underinvestment responsible for aging services infrastructure decline: LeadingAge CEO
By
Kathleen Steele Gaivin
Mar 29, 2022
The COVID-19 pandemic has brought to light “decades of state and federal underinvestment in our aging services infrastructure,” Katie Smith Sloan, president and CEO of LeadingAge, wrote in an opinion...
Court approves $63 million plan for LCS to buy debt-ridden CCRC
By
Kathleen Steele Gaivin
Jan 04, 2024
A New York continuing care retirement / life plan community has been approved for sale to Life Care Services for $63 million after it had filed for bankruptcy protection for the third time in nine years...
New campaign aims to address ‘unprecedented workforce crisis’
By
Kathleen Steele Gaivin
Jan 12, 2023
Skilled nursing and assisted living operators are experiencing an “unprecedented workforce crisis,” American Health Care Association / National Center for Assisted Living President and CEO Mark Parkinson...
Want to keep employees? Offer a pension instead of a 401(k)
By
Kathleen Steele Gaivin
Apr 01, 2024
One way to entice employees to stay may be to offer them a pension instead of a hybrid retirement plan that is part pension and part 401(k), suggests a new report from the nonprofit National Institute...
New proposed ‘joint employer’ definition coming in July, NLRB says
By
Kathleen Steele Gaivin
Jun 24, 2022
Changing the definition of joint employer status under the National Labor Relations Act is high on the National Labor Relations Board’s to-do list, according to a list of spring rulemaking priorities...
Senior housing investment takes a ‘modest step back’
By
Kathleen Steele Gaivin
Jul 26, 2022
The economic recovery embraced by senior housing investors a year ago is still happening, but it has taken a “modest step back” in the face of increasing costs, inflation and interest rate hikes, Beth...
Caregiver discrimination in workplace, updated COVID-19-related rules addressed by EEOC
By
Kathleen Steele Gaivin
Mar 16, 2022
The Equal Employment Opportunity Commission on Monday released a technical assistance document on caregiver discrimination well as an update to document explaining discrimination against employees and...
Americans have poor understanding of retirement income planning
By
Kathleen Steele Gaivin
Feb 16, 2024
Most respondents to a new study by the American College of Financial Services had a poor understanding of how to plan for the finances they will need in retirement.
Amazon commits $21M to pilot program for real estate developers of color
By
Kathleen Steele Gaivin
Jan 07, 2022
E-commerce tech company Amazon has launched a multimillion dollar program to help real estate developers of color advance their careers in the industry.
‘Bold legislation’ needed to ensure affordable housing availability, group says
By
Kathleen Steele Gaivin
Mar 15, 2024
Adults older than 62 years account for 31% of adults who need affordable housing, according to a new report from the National Low Income Housing Coalition. The group’s CEO said that “bold legislation”...