Workforce training program being evaluated by LeadingAge LTSS Center
By
Kathleen Steele Gaivin
Aug 08, 2023
The LeadingAge LTSS Center @UMass Boston has been selected to evaluate the three-year Gateway-In Project, a workforce training initiative designed by LeadingAge California.
Healthcare employment rises, but providers still anticipate hiring difficulties
By
Kathleen Steele Gaivin
Aug 07, 2023
The healthcare sector gained approximately 63,000 jobs in July, according to data released Friday by the Bureau of Labor Statistics. That’s up from the average monthly gain of 51,000 seen in the prior...
Proposed merger ‘best opportunity’ for DHC to handle debt, Francis says
By
Kathleen Steele Gaivin
Aug 03, 2023
Diversified Healthcare Trust’s proposed merger with Office Properties Income Trust is expected to close after shareholders vote Aug. 30, the real estate investment trust’s president, CEO and managing...
Welltower exceeds $1 billion of annualized net operating income in senior living segment
By
Kathleen Steele Gaivin
Aug 02, 2023
Welltower’s senior living results for the second quarter exceeded expectations, CEO Shankh Mitra said Tuesday on the Toledo, OH-based real estate investment trust’s quarterly earnings call.
Iowa tops list of best states to retire to in new report
By
Kathleen Steele Gaivin
Aug 01, 2023
Iowa is the best state to retire to, according to Bankrate’s latest Best States to Retire study. Meanwhile, Alaska is the last state to retire, according to Bankrate.
Business briefs, July 31
By
Kathleen Steele Gaivin
Jul 31, 2023
Employee handbook language makes provider’s arbitration policy ‘unenforceable,’ court says … Disparities growing between low-income, high-income older workers’ retirement accounts: GAO …...
Older workers’ on-the-job injuries most expensive: report
By
Kathleen Steele Gaivin
Jul 26, 2023
Workers aged 60 or more years are injured less often on the job than workers in most other age groups, but their injuries cost the most to treat. That’s according to a report from insurance company Travelers.
Healthcare bankruptcy filings set to triple
By
Kathleen Steele Gaivin
Jul 25, 2023
Bankruptcy filings in the healthcare industry — including those in senior living and care settings — are trending approximately triple the level seen in 2021, according to a new report by Gibbins Advisors.
New merger guidelines would consider competition, market concentration
By
Kathleen Steele Gaivin
Jul 24, 2023
New merger guidelines proposed by the Federal Trade Commission and the Department of Justice are meant to consider the intricacies of the modern economy, such mergers that are part of a series of multiple...
Welltower makes ‘transformational strides’ in ESG initiatives: report
By
Kathleen Steele Gaivin
Jul 21, 2023
Toledo, OH-based Welltower experienced a year of “significant achievement” across many environmental, social and governance categories, according to the real estate investment trust’s annual ESG...