Long-term care accounts for 54 percent of healthcare bankruptcies this year
By
Kathleen Steele Gaivin
Aug 24, 2022
Bankruptcies in the healthcare industry are trending up by more than 25% this year, and 54% of them have happened in senior living and other long-term care settings, particularly in skilled nursing facilities,...
How to remain competitive
By
Jim Moore
Dec 01, 2017
Q: My community is 20 years old. Should I be concerned about remaining competitive?
Vision 2025 takes major stride toward enhancing senior living leadership training
By
James M. Berklan
Jun 21, 2019
A “historic” group of aging services professionals concluded two days of meetings with university professionals Thursday in Chicago, and the resulting buzz left participants eager for the next steps.
Continuing Care Hall of Fame to induct 4 next month
By
Lois A. Bowers
Sep 18, 2019
More than 150 years of service to the senior living industry will be recognized when four new members are inducted into the Continuing Care Hall of Fame next month, according to event organizers.
Supreme Court denies ‘look through’ requests in arbitration claims
By
Kathleen Steele Gaivin
Apr 01, 2022
The Supreme Court on Thursday set limits on when federal courts have jurisdiction to confirm or vacate an arbitration claim under certain sections of the Federal Arbitration Act. Essentially, the court...
PHI initiative aims to improve jobs, reduce turnover among direct care workforce
By
Kimberly Marselas
Sep 29, 2020
PHI and partners in three states announced Tuesday the launch of a multi-year initiative that aims to improve jobs for direct care workers, particularly those who struggle financially and contribute to...
Almost 40% of surveyed M&A executives are considering long-term care
By
Lois A. Bowers
Jul 03, 2018
The category of home health, long-term care and hospice services holds high interest for more than one-third of corporate or private equity executives planning to make an acquisition in the next 12 to...
Senior living executive settles in $3.9 million SEC fraud case
By
Lois A. Bowers
Jul 12, 2017
A South Carolina businessman has settled with the Securities and Exchange Commission after being charged in January in a $3.9 million fraud case for allegedly diverting investor funds meant to buy or renovate...
Slimmer, $1.75T Build Back Better framework calls for ‘historic’ investment in older adults, but...
By
Kimberly Bonvissuto
Oct 29, 2021
A pared down, $1.75 trillion social spending package framework announced Thursday by President Biden is being called a “historic step” for older adults, but greater investments still are necessary...
4 types of coronavirus relief needed, senior living industry group tells President Biden
By
Ron Rajecki
Jan 20, 2022
Four actions would help protect residents and workers at senior living communities from the coronavirus and its omicron variant, Argentum President and CEO James Balda wrote Wednesday in a letter to President...