Pennant Group CEO: Senior living segment makes ‘remarkable progress’
By
Kathleen Steele Gaivin
Aug 10, 2023
The Pennant Group’s senior living segment “made remarkable progress” in the second quarter, CEO Brent Guerisol said Wednesday on the company’s latest earnings call.
Growing need for care outside hospital is opportunity for senior living, skilled nursing providers, experts...
By
Kathleen Steele Gaivin
Aug 09, 2023
About a third of the $4.4 trillion spent last year on healthcare in the United States was from the people over the age of 65, “and the estimate is that this group will represent half of all healthcare...
Reps join ASHA, 14 other groups in opposing capital gains taxes for some US REITs
By
Kathleen Steele Gaivin
Aug 09, 2023
Two members of the US House of Representatives are adding their voices to those of the American Seniors Housing Association and 14 other real estate-related groups calling for the withdrawal of a retroactive...
EEOC shares how it plans to implement law requiring employers to do more to protect pregnant workers
By
Kathleen Steele Gaivin
Aug 08, 2023
The Equal Employment Opportunity Commission on Monday issued a proposed rule to implement the bipartisan Pregnant Workers Fairness Act, which requires employers with 15 or more employees to provide reasonable...
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 …...