Merger is ‘best solution’ to Diversified Healthcare Trust’s financial challenges, CEO says
By
Lois A. Bowers
Apr 12, 2023
A merger with Office Properties Income Trust provides Diversified Healthcare Trust with the “best solution” to address several near-term challenges it faces, DHC President and CEO Jennifer Francis...
Brookdale Senior Living sees ‘super cycle’ of occupancy, rate growth
By
Lois A. Bowers
Nov 09, 2022
Brookdale Senior Living’s third quarter saw record move-ins and positive trends in occupancy growth and net hires, President and CEO Cindy Baier said Tuesday during the company’s latest earnings call.
‘Joint employer’ rule will have ‘particularly negative impact on senior living,’ senators say
By
Lois A. Bowers
Nov 27, 2023
The National Labor Relations Board’s new “joint employer” rule will have a “particularly negative impact on senior living arrangements,” the top Republican member of the Senate Special Committee...
Making assisted living communities Medicaid-eligible providers would benefit residents, companies, government,...
By
Lois A. Bowers
Apr 03, 2023
A Pennsylvania legislator has proposed a bill that would allow assisted living communities to become Medicaid-eligible providers, and the results of a new member survey from the Pennsylvania Health Care...
Social Security, Medicare solvency improves slightly, but ‘significant financing issues’...
By
Lois A. Bowers
May 07, 2024
The Treasury Department — with the departments of Health and Human Services and Labor, the Centers for Medicare & Medicaid Services and the Social Security Administration — released the annual Social...
Biden vetoes resolution to repeal NLRB ‘joint employer’ rule
By
Lois A. Bowers
May 07, 2024
President Joe Biden, as expected, on Friday announced his veto of a resolution to repeal the National Labor Relations Board’s “joint employer” rule.
A final rule issued Tuesday by the Federal Trade Commission will prohibit employers across the country from using noncompete agreements in most instances.
Healthcare cost worries may be causing retirees to curtail lifestyle spending
By
Lois A. Bowers
Mar 29, 2024
Concerns about healthcare costs may be leading retirees to spend less and curtail their lifestyles in retirement, according to a new survey.
UPDATED: Diversified Healthcare Trust to merge with Office Properties Income Trust
By
Lois A. Bowers
Apr 11, 2023
Newton, MA-based Diversified Healthcare Trust, with a senior living operating portfolio that includes 237 communities with 25,346 living units, has entered into an agreement to merge with Office Properties...
‘Tens of thousands’ of nursing home caregivers could lose their jobs this week: AHCA
By
Lois A. Bowers
Oct 04, 2022
Tens of thousands of nursing home caregivers could lose their job on Friday if the Centers for Medicare & Medicaid Services does not reissue a blanket waiver, the American Health Care Association said...