Proposed overtime rule would worsen workforce, resident access issues, provider groups fear
By
Lois A. Bowers
Aug 31, 2023
A Labor Department-proposed rule that would make approximately 3.6 million more salaried workers and so-called highly compensated employees eligible for overtime pay is “ill-timed” and would worsen...
Biden’s executive order on AI tackles healthcare concerns; clear guidelines a ‘no-brainer,’ industry...
By
Aaron Dorman
Oct 31, 2023
As was anticipated, the Biden administration released a broad but extensive executive order on AI issues such as privacy and data accuracy.
Updated: Brookdale Senior Living makes leadership changes, shares financial expectations
By
Lois A. Bowers
Jan 13, 2023
Brentwood, TN-based Brookdale Senior Living announced several leadership changes Friday morning to “drive improved efficiency and better align our expenses with revenue.”
Brookdale’s $125M offering of tangible equity units causing concern for investors
By
Kathleen Steele Gaivin
Nov 22, 2022
Brookdale Senior Living’s recent announced that it began a public offering of 2.5 million tangible equity units, with an aggregate stated amount of $125 million, is fueling concerns among some investors,...
Occupancy, margin recovery focus for 2024: Brookdale CEO
By
Kimberly Bonvissuto
May 09, 2024
Brookdale Senior Living entered 2024 with a clear vision and an intense focus on recovering pre-pandemic occupancy and margins, which resulted in “meaningful positive outcomes” across its key strategic...
SNFs face ‘increased and increasingly hostile’ government scrutiny, attorneys say
By
Kathleen Steele Gaivin
Jun 06, 2024
The increased scrutiny facing nursing home providers since the COVID-19 pandemic includes “overall increased and increasingly sort of hostile approach by surveyors in the quality-of-care area,” according...
Construction market slowing in 2023
By
Kathleen Steele Gaivin
Apr 07, 2023
Major indicators are pointing toward a slower construction market in 2023.
That’s according to a market report released by construction company, general contractor, design-builder and construction manager...
Senior living performance surpasses expectations, Welltower CEO says
By
Kathleen Steele Gaivin
May 01, 2024
Toledo, OH-based real estate investment trust Welltower experienced a strong start in the first quarter, with a 19% year-over-year increase in funds from operations across the board, CEO Shank Mitra said...
Genworth launches first LTC insurance plan in 5 years as Washington state residents consider ‘crazy’...
By
Kathleen Steele Gaivin
Jul 12, 2024
The one-year anniversary of the effective date of Washington’s first-in-the nation mandatory, tax-based long-term care insurance program passed on July 1, but voters will have the opportunity to...
People in the news, July 2
Jul 02, 2024
Appointments, promotions and other news at the Georgia Senior Living Association, the LCS Foundation, LeadGenie, Metropolitan Senior Living and the National Association of Health Care Assistants.