‘Hung out to dry’: Groups urge extension for vaccine mandate in Maine
By
Kathleen Steele Gaivin
Aug 31, 2021
Five healthcare advocacy groups are asking Maine Gov. Janet Mills (D) to extend the deadline for mandatory vaccines for healthcare workers across the state, citing a “severe and worsening essential support...
Legislation would require life plan community transparency
By
Kathleen Steele Gaivin
May 18, 2021
Proposed legislation in New Mexico would require life plan community operators to be more upfront with investors about community finances.
Sabra Health Care REIT to reduce SNF exposure, diversify portfolio
By
Kathleen Steele Gaivin
May 06, 2022
Irvine, CA-based Sabra Health Care REIT is focusing on diversifying its portfolio this year, including reducing its skilled nursing facility exposure, CEO, President and Chair Rick Matros said on Thursday’s...
‘Out-of-favor’ asset classes gaining interest among investors
By
Kathleen Steele Gaivin
Jun 14, 2022
Gaining renewed focus are “out-of-favor” asset classes for which a catalyst exists that can turn them into “in-favor” asset classes, Dan Gorczycki, managing director of TrueRate Services, wrote...
Long-term care management company ordered to pay $3 million in back pay to 3,024 workers
By
Kathleen Steele Gaivin
May 25, 2022
A company managing long-term care facilities in four states will pay almost $3 million in back overtime pay to 3,024 workers across 84 locations, the Department of Labor’s Wage and Hour Division announced...
Investors re-evaluate parameters of financial performance post-pandemic: NIC Leadership Huddle
By
Kathleen Steele Gaivin
Jun 17, 2021
Equity and debt partners are looking a little differently at the relationships among revenues, expenses and returns than they did before the pandemic, according to panelists at yesterday’s Leadership...
Lawmakers propose adding state to multistate licensing pact to ease nursing shortage
By
Kathleen Steele Gaivin
May 14, 2021
Illinois Senate Bill 2068, sponsored by state Sen. Sarah Feigenholtz (D-Chicago) would add Illinois to a multistate nurse licensure compact, allowing registered nurses and LPNs licensed in any of the 34...
SEC rescinds Trump-era shareholder proxy rules
By
Kathleen Steele Gaivin
Jul 18, 2022
The Securities and Exchange Commission voted Wednesday to rescind rules governing proxy voting advice put into practice in November 2020.
States navigate implementing COVID-19 vaccine requirements
By
Kathleen Steele Gaivin
Oct 04, 2021
Today is the day that Connecticut’s long-term workers and other workers employed by the state are required to comply with a COVID-19 vaccine mandate or agree to regular testing. The deadline was postponed...
How to face staffing challenges head on: report
By
Kathleen Steele Gaivin
Aug 19, 2022
The long-term care industry is recovering from pandemic-related staffing shortages, but challenges remain. A new report from human resources, payroll and benefits outsourcing services company Paychex offers...