CCRC’s entrance fee policy confuses resident, leads to lawsuit
By
Kathleen Steele Gaivin
Feb 08, 2023
A Tennessee continuing care retirement community is attracting some unwanted attention over an entrance fee policy that is not unheard of in the industry. The case highlights the importance of using clear...
CareTrust REIT implements ‘green lease’ strategy
By
Kathleen Steele Gaivin
Oct 13, 2023
A new “green lease” strategy is one of the efforts highlighted in CareTrust REIT’s third annual corporate sustainability report, released Wednesday.
Most employers plan to change their leave policies soon, with paid caregiving benefits becoming more...
By
Kathleen Steele Gaivin
Jan 24, 2024
Eighty-four percent of employers participating in a new survey said they are planning to make changes to their leave policies within the next two years, and paid leave for caregiving may see some of the...
Senior living asking rates hit near-record highs year over year: NIC
By
Kathleen Steele Gaivin
May 30, 2023
Growth for asking rates for independent living, assisted living and memory care each hit “near record highs” in the first quarter, National Investment Center for Seniors Housing & Care Chief Economist...
EEOC aims to strengthen protections for temporary, older and LGBTQ+ workers
By
Kathleen Steele Gaivin
Jan 13, 2023
The Equal Employment Opportunity Commission will increase its focus on protecting people with disabilities, older workers, LGBTQ+ individuals and temporary workers over the next five years, according to...
Most think caregivers have ‘no promising way to develop or ascend’ career ladder, survey finds
By
Kathleen Steele Gaivin
Apr 26, 2023
Most Americans do not view a caregiving career as a path to personal fulfillment, according to a report from the nonprofit think tank FrameWorks Institute.
Wages increase 5 to 6 percent for assisted living direct care workers
By
Kathleen Steele Gaivin
Jan 26, 2024
Average wages for assisted living direct care workers — certified nursing assistants, registered nurses, licensed practical nurse, medication aides and resident assistants — have increased by 5% to...
Operators need $100 billion to cover COVID costs, industry group says
By
Lois A. Bowers
Jul 22, 2020
Assisted living and skilled nursing providers need $100 billion from the Coronavirus Aid, Relief, and Economic Security Act Provider Relief Fund to cover the “enormous costs associated with protecting...
Earnings call wrap-up: Senior living operators and REITs offer cautious optimism toward pandemic recovery
By
Amy Novotney
May 10, 2021
Amid a flurry of first-quarter earnings reports released last week, several senior living operators and real estate investment trusts announced a start to occupancy uptick and possible post-pandemic growth.
Tomorrow is final deadline for Pinnacle Award entries
By
Lois A. Bowers
Oct 26, 2022
Tomorrow is the final deadline for nominations for the inaugural McKnight’s Pinnacle Awards.