Wages increase 5 to 6 percent for assisted living direct care workers
By
Kathleen Steele Gaivin
Jan 26, 2024
Average wages for assisted living direct care workers — certified nursing assistants, registered nurses, licensed practical nurse, medication aides and resident assistants — have increased by 5% to...
Most employers plan to change their leave policies soon, with paid caregiving benefits becoming more...
By
Kathleen Steele Gaivin
Jan 24, 2024
Eighty-four percent of employers participating in a new survey said they are planning to make changes to their leave policies within the next two years, and paid leave for caregiving may see some of the...
Proposed federal regulation aims to help workers keep track of retirement savings when they switch jobs
By
Kathleen Steele Gaivin
Jan 22, 2024
A new regulation proposed last week by the Department of Labor’s Employee Benefits Security Administration aims to help workers keep track of their retirement savings accounts better and improve their...
CEOs worried about inflation, recession, yet most are unprepared: study
By
Kathleen Steele Gaivin
Jan 18, 2024
CEOs in the United States and elsewhere are concerned about economic pressures, yet just 37% are prepared for an increase in inflation, and only 34% are prepared for a recession. That’s according to...
Occupancy, revenue trend upward in Q3 for HTI
By
Kathleen Steele Gaivin
Dec 08, 2023
Occupancy in the Healthcare Trust Inc.’s senior housing operating portfolio, or SHOP, segment of its portfolio grew by 0.8% to 74.1% in the third quarter compared with the prior quarter, CEO Michael...
Fountain View Village gets $10 million makeover
By
Kathleen Steele Gaivin
Nov 27, 2023
A $10 million renovation at Fountain View Village in Fountain Hills, AZ, redesigns all common areas and apartments and upgrades all community amenities in independent living segment.
Nursing profession in ‘desperate need’ of support: survey
By
Kathleen Steele Gaivin
Nov 17, 2023
The nursing profession is in “desperate need of sustained support” lest the workforce continue to decline. That’s according to the results of a mental health and wellness survey released this month...
Welltower, Chartwell dissolve joint venture
By
Kathleen Steele Gaivin
Nov 16, 2023
Welltower and Canada-based Chartwell Retirement Residences have dissolved their joint venture, first announced in 2021. Welltower said this week in a business update that the agreement to dissolve will...
Revenue growth ‘surpassing industry trends,’ Sonida CEO says
By
Kathleen Steele Gaivin
Nov 15, 2023
Sonida Senior Living has seen year-over-year revenue growth that is “surpassing industry trends,” President and CEO Brandon Ribar said in a press release issued in conjunction with Tuesday’s third-quarter...
Senior housing and care lending relatively weak in second quarter: NIC
By
Kathleen Steele Gaivin
Nov 10, 2023
Senior living and care-related lending was relatively weak in the second quarter, likely due to yet another 0.25 percentage point rate increase from the Federal Reserve and significant disruptions among...