Spending on nursing homes, home care slows year over year
By
Kathleen Steele Gaivin
Jun 27, 2024
Between May 2023 and May 2024, overall healthcare costs grew by 3.4%, the fastest increase seen since December 2007, according to Altarum’s monthly Health Sector Economic Indicators brief, released Wednesday.
June job growth ‘solid, but not broad-based’
By
Kathleen Steele Gaivin
Jul 08, 2024
Job growth in the private sector slowed for the third consecutive month in June, according to the monthly ADP National Employment Report Economy Lab report, published Wednesday.
Long-term care providers among 193 criminally charged, $2.75 billion in fraud recoveries so far in 2024
By
Kathleen Steele Gaivin
Jul 01, 2024
The Justice Department has recovered more than $2.75 billion in false claims against healthcare providers and charged 193 defendants so far this year in criminal cases through its 2024 National Health...
Federal judge blocks enforcement of noncompete final rule for some employers
By
Kathleen Steele Gaivin
Jul 09, 2024
A federal judge has issued a stay and preliminary injunction that will block enforcement of the Federal Trade Commission’s final rule on noncompete agreements for some employers.
Welltower codifies ESG initiatives in formal policy
By
Kathleen Steele Gaivin
Jun 28, 2024
Welltower has formalized its environmental, social and governance commitment in a board-approved ESG policy, according to the Toledo, OH-based real estate investment trust’s annual ESG report, released...
‘Deteriorating’ outlook for CCRCs to continue for rest of year: Fitch
By
Kathleen Steele Gaivin
Jun 26, 2024
The “deteriorating” outlook for the not-for-profit continuing care retirement / life plan communities sector will continue for the rest of the year, “indicating our expectation that credit pressures...
Unions advise NLRB to rescind old ‘joint employer’ rule and also drop new one
By
Kathleen Steele Gaivin
Jun 17, 2024
The AFL-CIO and the Service Employees International Union have petitioned the National Labor Relations Board to rescind a 2020 joint employer rule but also back off on trying to implement a replacement,...
Republican senators introduce joint resolution calling for overtime rule repeal
By
Kathleen Steele Gaivin
Jun 20, 2024
Republican Sens. Tommy Tuberville (AL) and Mike Braun (IN) on Monday introduced a joint resolution under the Congressional Review Act that if passed would repeal the federal overtime rule set to go into...
Prestige Care predicts layoffs ahead of shift to PACS Group
By
Kathleen Steele Gaivin
Jun 05, 2024
Vancouver, WA-based Prestige Care has begun a restructuring plan that may include layoffs as it prepares for acquisition by PACS Group in August.
California Workforce Development Board grants $14M for CNA, LVA apprenticeship program
By
Kathleen Steele Gaivin
Sep 21, 2022
The California Workforce Development Board has granted $14 million to the Center for Caregiver Advancement to launch a statewide certified nurse assistant registered apprenticeship program and to pilot...