Paid time off is fringe benefit unrelated to salary, court rules
By
Kathleen Steele Gaivin
Apr 07, 2023
An employer was victorious when an appellate court recently ruled that paid time off is a fringe benefit that is not related to salary.
Employee handbook language makes senior living provider’s arbitration policy ‘unenforceable,’ court...
By
Kimberly Bonvissuto
Jul 31, 2023
A senior living provider’s employee arbitration agreement is “unenforceable” because the company reserved the right to unilaterally alter the policy without advance notice, a court has ruled.
2023 laid groundwork for sustained performance, outsized growth in 2024: Welltower CEO
By
Kimberly Bonvissuto
Feb 15, 2024
2023 was a year of “solid execution” across the board for Welltower and a record year in capital deployment, laying the groundwork for a sustained level of performance and continued outsized growth...
75 percent of Invesque properties now senior living, CEO says
By
Kathleen Steele Gaivin
Mar 17, 2023
Seventy-five percent of Invesque’s properties as of the end of 2022 are senior living communities — independent living, assisted living and memory care, Chairman and CEO Scott White said Thursday during...
Seniors don’t want AI caregivers; but tech giants are betting on them anyway, reports show
By
Aaron Dorman
Mar 26, 2024
As one company launches a new “AI healthcare agent,” investors believe virtual caregivers can fill staffing shortages in LTC.
People in the news, April 23
Apr 23, 2024
Appointments, promotions and other news at Aviva Senior Living, Benchmark Senior Living, Bridge Senior Living, Caring, Covenant Living Communities and Services, Juniper Communities, The Kendal Corporation,...
Federal final rule drops bring cries of ‘flawed,’ ‘aggressive,’ ‘dramatic’ from senior living...
By
Kimberly Bonvissuto
Apr 25, 2024
Late April brought a shower of regulatory changes as the federal government dropped four major final rules this week that the senior living and care industry is calling “flawed,” “aggressive” and...
Maplewood Senior Living continues to struggle but sees path forward
By
Kimberly Bonvissuto
Nov 06, 2023
Omega Healthcare Investors continued to see financial performance that exceeded its expectations in the third quarter, executives of the Hunt Valley, MD-based real estate investment trust said Friday,...
Third-quarter earnings reports: Ventas, National HealthCare Corp.
By
Kathleen Steele Gaivin
Nov 07, 2022
Chicago-based real estate investment trust Ventas held its third-quarter earnings call Friday, and the Murfreesboro, TN-based National HealthCare Corp. reported its earnings in a press release.
Governor vetoes legislation to ban noncompete agreements
By
Kathleen Steele Gaivin
Jan 02, 2024
New York Gov. Kathy Hochul (D) has vetoed a bill that would have banned most noncompete agreements in the state.