Proposed overtime rule is ‘bad policy’ that senior living providers cannot absorb, groups say
By
Kimberly Bonvissuto
Nov 09, 2023
A new overtime rule proposed by the federal government would worsen workforce issues for senior living providers and create unintended consequences for workers and residents, according to industry advocacy...
With a year of ‘solid progress and growth,’ Brookdale says it is prepared to meet demand for senior...
By
Kimberly Bonvissuto
Nov 08, 2023
Upon experiencing another “strong” quarter of growth, Brookdale Senior Living is seeing the positive results of its recovery strategy by focusing on profitable and sustainable growth, executives said...
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...
Ending, delaying retirement pondered by half of Americans in survey
By
Kathleen Steele Gaivin
Aug 24, 2023
Fifty percent of pre-retirees and retired workers are considering delaying or coming out of retirement, respectively, according to the results of a survey from F&G Annuities & Life.
Proposed legislation has dual benefits for older adults, long-term care workforces
By
Kimberly Bonvissuto
Aug 22, 2023
A bill that would remove a barrier to re-entry into the workforce by early retirees could also be a big win for a senior living sector looking to rebuild its workforce in the wake of the COVID-19 pandemic.
Interest in HCBS as growth strategy wanes among senior living providers
By
Kimberly Bonvissuto
Aug 10, 2023
Ready to put the COVID-19 pandemic behind them, senior living executives are preparing to push forward with growth plans — some in surprising ways, according to the newly released results of a recent...
Senior living a ‘significant source of strength’ in Pennant’s portfolio, CEO says
By
Kimberly Bonvissuto
May 08, 2023
Growth in The Pennant Group’s senior living business continued with “impressive progress” in the first quarter, with occupancy growing for the fifth consecutive quarter, executives said Friday.
Increasing minimum wage would worsen assisted living workforce challenges, not fix them, coalition says
By
Kimberly Bonvissuto
May 02, 2023
A California bill that proposes increasing the minimum wage to $25 for direct care workers and support staff members has plenty of opponents, including senior living industry advocates.
Federal efforts to strengthen care economy fall short for senior living, advocates say
By
Kimberly Bonvissuto
Apr 19, 2023
President Biden’s executive order on strengthening the care economy, although well-intentioned, does not offer adequate solutions for long-term care in part because it does not support assisted living...
Top trends in senior living include organizational readiness, operational strategies
By
Kimberly Bonvissuto
Apr 05, 2023
Organizational readiness, and operational and reimbursement strategies, are themes emerging for the year for financial discussions among senior living and care operators.