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...
Justice Department, FTC update merger guidelines
By
Kathleen Steele Gaivin
Dec 20, 2023
New guidelines released Monday by the Justice Department and the Federal Trade Commission outline factors and frameworks that the agencies will evaluate when reviewing mergers and acquisitions.
Report suggests market opportunities for senior living
By
Kathleen Steele Gaivin
Dec 19, 2023
Conventional wisdom that care at home is less costly than assisted living is not necessarily true anymore, according to a recent report from the Joint Center for Housing Studies of Harvard University and...
Long-term care deal volume down as 2024 approaches
By
Kathleen Steele Gaivin
Dec 13, 2023
As long-term care operators prepare for 2024, the volume of senior housing and care deals is down, Paul Branin, vice president of business development at management and consulting firm Health Dimensions...
New bill would overhaul nation’s workforce training and development system
By
Kathleen Steele Gaivin
Dec 12, 2023
Reps. Virginia Foxx (R-NC) and Bobby Scott (D-VA), chair and ranking member of the House Education and the Workforce Committee, respectively, recently introduced legislation aimed at overhauling the nation’s...
The needs of middle-class Americans over 55 often go unmet: SCEPA
By
Kathleen Steele Gaivin
Dec 06, 2023
Many adults aged 55 and older who have difficulty with daily and instrumental activities aren’t getting the help they need, research associate Jessica Forden of the Schwartz Center for Economic Policy...
RN wages projected to grow more rapidly than wages for other professions, study finds
By
Kathleen Steele Gaivin
Oct 12, 2023
Registered nurse salaries are projected to increase over the next decade at a rate that surpasses the rate of increases for some other healthcare professions, according to the results of a recent study...
Supreme Court takes on employer discriminatory practices, whistleblower protections
By
Kathleen Steele Gaivin
Oct 03, 2023
The Supreme Court kicked off its new term Monday, and a handful of employment-related cases will be heard.
REITs focused on long-term care are ‘unsung heroes’ of investing, asset manager says
By
Kathleen Steele Gaivin
Sep 29, 2023
Real estate investment trusts with portfolios heavy in skilled nursing and senior living assets are being called the “unsung heroes” among investments by the author of one online post.
Bipartisan Senate bill aims to increase nurse training programs
By
Kathleen Steele Gaivin
Sep 22, 2023
A bipartisan group of senators has introduced legislation meant to address the nursing shortage affecting healthcare providers and communities throughout the United States.