Analysis: Government’s planned pay hike insufficient for staffing mandate
By
Kimberly Marselas
May 28, 2024
A proposed pay increase for nursing home operators may be one of the best in recent memory, but it won’t adequately prepare the sector for implementation of the federal staffing mandate, one of the sector’s...
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.
Proposed overtime rule would worsen workforce, resident access issues, provider groups fear
By
Lois A. Bowers
Aug 31, 2023
A Labor Department-proposed rule that would make approximately 3.6 million more salaried workers and so-called highly compensated employees eligible for overtime pay is “ill-timed” and would worsen...
Increasing minimum wage would worsen assisted living workforce challenges, not fix them, coalition says
By
Kimberly Bonvissuto
May 02, 2023
A California bill that proposes increasing the minimum wage to $25 for direct care workers and support staff members has plenty of opponents, including senior living industry advocates.
LTC Properties expects ‘hard, long, positive’ year
By
Kimberly Bonvissuto
Feb 17, 2023
2022 was a “hard, long, positive” year for LTC Properties, and Chairman and CEO Wendy Simpson anticipates much of the same in 2023. She made the prediction Thursday on the Westlake Village, CA-based...
CCRC outlook not getting worse but also not improving much, Fitch says
By
Kathleen Steele Gaivin
Jan 19, 2024
Fitch Ratings’ outlook for continuing care retirement / life plan communities is “deteriorating,” according to the company’s senior director and sector lead for life plan communities, Margaret...
New law creates oversight of staffing agencies but doesn’t protect against ‘price-gouging’
By
Kimberly Bonvissuto
Nov 07, 2022
A new law in Pennsylvania will create oversight and accountability for long-term care staffing agencies, but it does not address the rates they charge.
Product differentiation by rate, services marks evolution of senior housing: report
By
Kathleen Steele Gaivin
Nov 01, 2022
Evolution of the senior housing sector this year and heading into next year has been marked by new product types that are differentiated by rate and service offerings, according to the new Urban Land Institute...
Federal, lender support needed for assisted living operators to lower rates, leader says
By
Lois A. Bowers
Nov 21, 2023
Financial support from the federal government and private lenders would be required to lower assisted living rates, National Center for Assisted Living Executive Director LaShuan Bethea told the New York...
‘Organic’ immigration reform efforts necessary to move Congress, expert says
By
Kimberly Bonvissuto
May 18, 2023
In a political environment without an appetite for bipartisanship, efforts originating from other stakeholders will be necessary for immigration reform to occur, according to an immigration expert.