Nursing homes miss out on workers as green card process slows
By
Kathleen Steele Gaivin
Jun 28, 2023
Nursing facilities have lost more than 200,000 nurses and aides since the start of the pandemic, according to federal labor statistics. Some say foreign nurses waiting in the wings to fill those vacant...
More time needed for catch-up contributions under Secure 2.0, lobbyists say
By
Kathleen Steele Gaivin
Jun 28, 2023
The American Benefits Council and the National Association of Government Defined Contribution Administrators are calling on Congress to place a two-year delay on the Roth catch-up requirement under Setting...
Trustwell much larger after adding 16 communities to portfolio
By
Kathleen Steele Gaivin
Jun 27, 2023
New York City-based Trustwell Living has added 16 assisted living and memory care communities to its holdings, greatly expanding its five-community portfolio to 21 communities.
Supreme Court arbitration ruling ‘good news’ for senior living and care providers
By
Kathleen Steele Gaivin
Jun 26, 2023
The Supreme Court’s Friday decision in an arbitration-related case is “good news” for senior living and care providers, attorneys tell McKnight’s Business Daily.
Legislators look to ‘tap the breaks’ on private equity investments in healthcare, expert says
By
Kathleen Steele Gaivin
Jun 21, 2023
Healthcare transactions have been “robust” over the past decades, but the past five years or so have been “a particularly active period” with a “spike” coming in 2020 and into 2022 as pandemic...
‘Compelling circumstances’ could allow some immigrant workers to stay in US longer, USCIS says
By
Kathleen Steele Gaivin
Jun 20, 2023
Certain “compelling circumstances” for applicants and their dependents could affect eligibility criteria for initial and renewal applications for employment authorization, allowing some workers to...
Birchwood closes first round for $100 million 5V+ Seniors Healthcare Fund
By
Kathleen Steele Gaivin
Jun 16, 2023
Chicago-based healthcare fund management firm Birchwood Healthcare Partners has completed the initial closing of its 5V+ Seniors Healthcare Fund, the company announced Thursday.
The National Labor Relations Board is making it “more difficult for companies to treat workers as independent contractors rather than employees, handing workers in the gig economy and other industries...
Medicare spending expected to top $1 trillion this year, CMS says
By
Kathleen Steele Gaivin
Jun 15, 2023
says
Medicare expenditures are expected to exceed $1 trillion despite the end of the COVID-19 public health emergency this year, the associated expirations of the skilled nursing facility three-day stay...
Fraudsters stole $280 billion+ in COVID-19 relief funding: analysis
By
Kathleen Steele Gaivin
Jun 13, 2023
More than $280 billion in COVID-19 relief meant for businesses and individuals intentionally was stolen by fraudsters, and another $123 billion was wasted or misspent, according to an Associated Press...