As long-term care job vacancies approach 30 percent, report suggests solutions
By
Kimberly Bonvissuto
Aug 08, 2022
As workforce vacancies near 30% among Wisconsin long-term care operators, a new report from a coalition of provider organizations recommends funding sustainability, certification flexibility and compassion...
40 percent of senior living operators have eased pandemic-related restrictions or will soon: Ziegler...
By
Kimberly Bonvissuto
May 29, 2020
Virtually all senior living providers have been affected in some way by the COVID-19 pandemic, according to the results of a Ziegler CFO Hotline survey released Thursday.
Good Sam, Ebenezer parent organizations to merge
By
Kimberly Bonvissuto
Nov 15, 2022
The parent companies of two of the largest not-for-profit senior living and care organizations in the country announced their intention to merge Tuesday.
Half of assisted living providers are operating at a loss, unable to sustain operations another year:...
By
Kimberly Bonvissuto
Aug 20, 2020
Half of assisted living providers are operating at a loss, and 64% say they won’t be able to sustain operations for another year, according to survey results released Wednesday by the National Center...
Senior living operator agrees to $9.5M wage settlement in FLSA case
By
Kimberly Bonvissuto
Sep 01, 2022
A senior living operator will pay $9.5 million to caregivers across four states who were denied wages for work done off the clock and during meal breaks. The determination follows a district court judge’s...
‘Out of control’: Panelists share frustrations, solutions to managing cash flow during pandemic
By
Kimberly Bonvissuto
Sep 24, 2020
The global coronavirus pandemic has created a “tsunami” of decreasing occupancy, coupled with increasing costs related to personal protective equipment and labor, to create an operating environment...
COVID-19 reduces occupancy, elevates costs in Omega’s senior living portfolio
By
Kimberly Bonvissuto
May 06, 2020
Senior living and skilled nursing communities in Omega Healthcare Investors’ portfolio are weathering the effects of COVID-19 through declining occupancy and significantly elevated costs, according...
Second defendant agrees to pay $2.25 million to settle fraud charges against long-term care investment...
By
Kimberly Bonvissuto
Jul 09, 2020
The second defendant in a scheme to defraud investors in the Orthodox Jewish community who invested in assisted living communities and nursing homes throughout the Midwest has settled his case with the...
Communities face potential investigation, legal action over $900 COVID-19 fee allegedly charged to residents
By
Kimberly Bonvissuto
Aug 28, 2020
The Michigan Attorney General’s office on Thursday issued a cease and desist letter to 11 senior living communities throughout the state’s Lower Peninsula, along with their parent and management companies,...
Operators have ‘heavy lifting’ to do to regain consumer confidence in wake of pandemic, experts say
By
Kimberly Bonvissuto
Apr 24, 2020
The COVID-19 pandemic has created challenges and shaken consumer confidence in the senior living industry. Operators will need to do some “heavy lifting” in its wake, according to one senior living...