Employers’ severance agreement actions can be unlawful even if employee doesn’t sign, NLRB says
By
Kathleen Steele Gaivin
Mar 24, 2023
Employers received additional guidance about severance agreements Wednesday in a memo from National Labor Relations Board General Counsel Jennifer Abruzzo to all field offices in light of the board’s...
SNF staffing shifts after REIT acquisition, study shows
By
Kathleen Steele Gaivin
Mar 21, 2023
Steady increases in licensed practical nurse and certified nursing assistant hours per resident day in skilled nursing after REIT acquisition could mean that there is some kind of “substitution effect”...
LTC ACO shares $20.6 million in savings with participating providers
By
Kathleen Steele Gaivin
Mar 20, 2023
LTC ACO has received a positive reconciliation and settlement under the Medicare Shared Savings Program for the 2021 performance year, earning shared savings of $20.6 million at the maximum enhanced track...
Senior housing demand expected to exceed pre-pandemic levels within 5 years: report
By
Kathleen Steele Gaivin
Mar 16, 2023
Demand for senior housing — independent living, assisted living and memory care — could well exceed pre-pandemic levels within the next five years, thanks to the growth of the 75+ demographic in the...
NLRB rescinds some election rule provisions, delays implementation of others
By
Kathleen Steele Gaivin
Mar 15, 2023
The National Labor Relations Board has rescinded portions of a 2019 final rule related to union elections and delayed implementation of other provisions. The action complies with a recent decision of the...
Good Sam, Ebenezer parents’ merger faces new challenge from healthcare union
By
Kathleen Steele Gaivin
Mar 07, 2023
A planned merger between the parent companies of the Evangelical Lutheran Good Samaritan Society and Ebenezer Senior Living, which seemed all but certain a few months ago, is facing mounting challenges...
Lawmakers’ efforts aim to extend solvency of Social Security
By
Kathleen Steele Gaivin
Mar 07, 2023
A bill aimed at extending the solvency of the Social Security program has been proposed by Sens. Bernie Sanders (I-VT) and Elizabeth Warren (D-MA) as well as Reps. Jan Schakowsky (D-IL) and Val Hoyle (D-OR)....
Experts optimistic that senior housing is rebounding: report
By
Kathleen Steele Gaivin
Mar 06, 2023
Despite labor and economic challenges, there is reason to be optimistic that the senior housing market is rebounding, according to a recent report from Marcus & Millichap.
Fed unlikely to ‘take its foot off the brake’ anytime soon
By
Kathleen Steele Gaivin
Mar 03, 2023
The economic landscape remains volatile, National Investment Centers for Seniors Housing & Care Chief Economist and Director of Outreach Beth Burnham Mace said Wednesday at NIC’s Spring Conference.
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.