Geriatric workforce funding in Senate bill ‘far too low,’ provider group says
By
Alicia Lasek
Aug 05, 2022
To reverse its ongoing staffing crisis, the long-term care sector is going to need heftier financial support than the Senate is proposing for 2023, industry advocate LeadingAge said Thursday.
Program gets $6 million to expand CNA training, mentorship program
By
Kathleen Steele Gaivin
May 23, 2022
An additional $6 million investment will expand the WisCaregiver Careers workforce development program to address the shortage of certified nursing assistants in the state’s nursing homes, Wisconsin...
Legislation aims to increase scrutiny of private equity healthcare acquisitions
By
Lois A. Bowers
Feb 27, 2024
Legislation introduced by California Attorney General Rob Bonta and Assembly Speaker pro Tempore Jim Wood (D-Healdsburg) in the Golden State would give the attorney general oversight of private equity...
Debt-related efforts among ‘significant performance milestones’ for Sonida, execs say
By
Kathleen Steele Gaivin
Mar 28, 2024
Dallas-based Sonida Senior Living has optimized its balance sheet “through the comprehensive restructuring and modification of our debt,” culminating in a $47.75 million equity private placement that...
Employers have short window to help workers ‘crush student debt’ through retirement plan match
By
Kathleen Steele Gaivin
Jan 24, 2024
Through 2025, employer-sponsored retirement plans are able to help workers “crush student debt” by offering a retirement plan match based on a qualified student loan payment, Candidly Founder and CEO...
Bill aims to override Supreme Court decision on Chevron deference
By
Kathleen Steele Gaivin
Jul 24, 2024
Legislation introduced Tuesday in the Senate would override the Supreme Court’s recent decision in Loper Bright Enterprises v. Raimondo to overturn the so-called Chevron doctrine, which held that...
Video calls ease shortages in rural facilities where mental health services are lacking
By
Kathleen Steele Gaivin
Mar 23, 2023
Mental health providers can be difficult to find in rural areas. That’s where video calls are filling the void and helping long-term care residents who might otherwise be without mental health services...
Pennant, NHC report earnings
By
Kathleen Steele Gaivin
May 08, 2023
The Pennant Group and National HealthCare Corp. provided quarterly financial updates Friday to stakeholders.
Capital Senior Living looks to turnaround strategy to survive ‘challenging’ environment
By
Kimberly Bonvissuto
May 22, 2020
Although COVID-19’s negative effects present “substantial” concerns about the company’s future, Capital Senior Living executives said Thursday that the company’s turnaround strategy creates “a...
Half of assisted living providers are operating at a loss, unable to sustain operations another year:...
By
Kimberly Bonvissuto
Aug 20, 2020
Half of assisted living providers are operating at a loss, and 64% say they won’t be able to sustain operations for another year, according to survey results released Wednesday by the National Center...