Promotions and appointments at Cadence Senior Living, Church Mutual Insurance Co., Covenant Retirement Communities, Erickson Living, LifeSpire of Virginia and New Perspective Senior Living.
Labor Department announces final overtime rule
By
Kimberly Bonvissuto
Apr 23, 2024
The Department of Labor announced a final rule that expands overtime protections for millions of salaried workers beginning this summer.
Ensign Group ‘eager’ for acquisitions, CEO says
By
Kathleen Steele Gaivin
Feb 05, 2024
The Ensign Group is “eager to continue to drive improvements in our existing portfolio and to take advantage of the acquisition opportunities that we see on the horizon,” the San Juan Capistrano,...
Tech, healthcare as value proposition among silver linings of pandemic for senior living, executives...
By
Kimberly Bonvissuto
May 11, 2023
The pandemic upended the senior living business model, but it wasn’t all bad, according to a panel of executives at the 2023 Argentum Senior Living Executive Conference this week.
GE forecasts long-term care policy rate increases of $1.7 billion
By
Lois A. Bowers
Mar 08, 2019
General Electric expects long-term care insurance policy premium increases of $1.7 billion through 2028, executives said Thursday during a “teach-in” for analysts and investors.
Brookdale Senior Living refinances $220 million in debt
By
Kathleen Steele Gaivin
Oct 18, 2022
Brookdale Senior Living announced Monday that the company has substantially reduced all 2023 debt maturities with $220 million in refinancing.
Brookdale in ‘seventh inning’ of portfolio pruning, CEO says
By
Lois A. Bowers
Nov 07, 2018
Brookdale Senior Living is in the “seventh inning” of trimming the size of its portfolio through community sales and lease terminations, CEO Lucinda “Cindy” Baier said Tuesday on the company’s...
Women now lead the way at 92 percent of Kendal affiliates
By
Kimberly Bonvissuto
Sep 07, 2023
On the heels of Women’s Equality Day, Aug. 26, one not-for-profit senior living organization is celebrating setting a new standard in leadership in senior living with women heading 11 of its 12 communities.
Support growing for bill that would limit noncompete agreements, lawmakers say
By
Kathleen Steele Gaivin
Feb 13, 2023
A bipartisan group of lawmakers says that support is growing for a bill reintroduced in both the Senate and the House of Representatives earlier this month that seeks to limit the use of noncompete agreements....
As overtime rule effective date approaches, DOL seeks to expedite lawsuit challenge
By
Kathleen Steele Gaivin
Jun 24, 2024
With the July 1 effective date of the new federal overtime rule looming, the Department of Labor has petitioned a Texas court to expedite discovery in a lawsuit seeking to block the rule.