Biden’s infrastructure plan includes prioritized funding for affordable housing, long-term care
By
Amy Novotney
Apr 01, 2021
President Biden unveiled a $2 trillion, eight-year infrastructure plan on Wednesday with a nod to the needs of older adults and the long-term care industry. The first phase of the president’s American...
Operator of 8 NJ nursing homes faces charges of labor law violations from union
By
Kathleen Steele Gaivin
Jul 22, 2021
The largest healthcare union in the United States has filed charges with the National Labor Relations Board against Toms River, NJ-based Complete Care Management for alleged violations of federal labor...
Senior living operator agrees to $9.5M wage settlement in FLSA case
By
Kimberly Bonvissuto
Sep 01, 2022
A senior living operator will pay $9.5 million to caregivers across four states who were denied wages for work done off the clock and during meal breaks. The determination follows a district court judge’s...
Change to Hawaii REIT tax status structure would not generate windfall for state, expert says
By
Kathleen Steele Gaivin
Mar 25, 2022
Hawaii lawmakers have shelved a bill that if passed would have changed the tax structure for real estate investment trusts in the state. Proponents of the tabled bill claim that it could result in “millions...
Brookdale Senior Living, CareTrust REIT and Ventas presented their first-quarter earnings reports to investors on Friday.
$1.3 million project aims to strengthen direct care workforce
By
Kathleen Steele Gaivin
May 05, 2022
A $1.3 million federal project, with funding spread out over five years, will establish a new center to help strengthen the direct care workforce providing home- and community-based services to older...
House committee discusses 7 bills aimed at ‘rebuilding pipeline of future workers’
By
Kathleen Steele Gaivin
Oct 27, 2021
Seven current pieces of legislation are aimed at revitalizing the frontline workforce in healthcare, and legislators discussed them Tuesday at a House Energy & Commerce Health Subcommittee hearing.
Skilled nursing operators will recover by 2022 — without federal help, says ratings agency
By
Amy Novotney
Dec 17, 2020
Although many in the senior care industry have been focusing on the recent surge in COVID-19 deaths and record low skilled nursing occupancy rates, one ratings agency says it’s banking on a full recovery...
K4Connect raises $8.9M from investors in latest funding round
By
Kathleen Steele Gaivin
Jul 17, 2023
Morrisville, NC-based K4Connect has raised $8.9 million from 14 investors, according to a Thursday filing with the Securities and Exchange Commiss
Brookdale spends $71 million to fight COVID-19, sees crisis as leadership opportunity
By
Kimberly Bonvissuto
Aug 12, 2020
Although COVID-19 has had significant effects on the senior housing industry as a whole, Brookdale Senior Living sees the crisis as an opportunity to lead, President and CEO Cindy Baier said Tuesday.