Wages, salaries increased 1% from September to December: BLS … Businesses have until March 15 to submit data for economic census … Fitch Ratings affirms NewBridge on the Charles issuer default rating...
Employee contraceptive coverage would be ensured under proposed rule, even if employer objects on moral...
By
Kathleen Steele Gaivin
Jan 31, 2023
A proposed rule from the Biden administration would allow women and covered dependents to obtain birth control at no cost under the Affordable Care Act, even if their employer-provided health insurance...
Republicans coming again for healthcare worker vaccine mandate
By
Jessica R. Towhey
Jan 31, 2023
The Republican-controlled US House of Representatives is expected to vote on two bills today that would have significant effects for long-term care providers.
Ohio Living, Brio Living Solutions consider affiliation
By
Kathleen Steele Gaivin
Jan 31, 2023
Westerville, OH-based Ohio Living and Grand Rapids, MI-based Brio Living Services (formerly UMRC & Porter Hills) are exploring a potential strategic affiliation aimed at expanding aging service offerings...
Business briefs, Jan. 31
By
Kathleen Steele Gaivin
Jan 31, 2023
Nursing homes finally see benefits of Medicare Advantage supplemental services … Low pay, labor shortage blamed for “alarming” number of rural SNF closures … Fitch Ratings affirms Pennswood Village...
National Church Residences acquires minority interest in SSIP Insurance Partners
By
Kathleen Steele Gaivin
Jan 30, 2023
Columbus, OH-based National Church Residences has acquired a minority equity interest in SSIP Insurance Partners, which provides senior advisory services across all major senior insurance-related products.
Business briefs, Jan. 30
By
Kathleen Steele Gaivin
Jan 30, 2023
Omega Healthcare Investors quarterly cash dividend of $0.67 per share on its common stock … Sabra Health Care REIT announces tax treatment of 2022 distributions … Life plan community awards 18 scholarships...
REIT ownership linked to decline in RN staffing, increases in LPN, CNA use
By
Kathleen Steele Gaivin
Jan 27, 2023
Nursing homes, after being purchased by a real estate investment trust, are likely to see increases in licensed practical nurse and certified nursing assistant staff hours per resident day of 2.15% and...
Republicans take aim at Social Security, Medicare in debt reduction talks
By
Kathleen Steele Gaivin
Jan 25, 2023
The United States reached its debt limit of $31.4 trillion Thursday. As Congress looks to reduce spending, some House Republicans are taking aim at Social Security and Medicare.
SNF operators to continue to see profit margins shrink: report
By
Kathleen Steele Gaivin
Jan 23, 2023
Skilled nursing facilities operators should expect their profit margins to continue to shrink over the next four years, even as other segments of long-term care see modest gains. That’s according to...