Medical costs expected to increase 7 percent in 2024: survey
By
Kathleen Steele Gaivin
Jul 05, 2023
PwC’s Health Research Institute is projecting a 7% year-over-year medical cost increase in 2024. The projected medical cost trend in 2022 and 2023 was 5.5% and 6%, respectively.
‘Commonsense immigration reform’ still a key to addressing workforce shortages in long-term care
By
Kathleen Steele Gaivin
Aug 23, 2021
The long-term care industry Friday may have hit a bump in pinning some of its hopes on immigration to ease the ongoing workforce shortages, as the U.S. Citizenship and Immigration Services announced that...
Business briefs, April 28
By
Kathleen Steele Gaivin
Apr 28, 2022
State senate passes HHS bill to address long-term care workforce shortage … Green House Project, Pioneer Network announce formal alliance … . Fitch Ratings affirms Village at Germantown series 2014...
$200,000 sign-on bonus program seeks to entice nurse aides to long-term care
By
Kathleen Steele Gaivin
Feb 07, 2022
The North Dakota Department of Health will spend up to $200,000 to recruit temporary nurse aides and certified nurse aides for long-term care facilities in an effort to help combat a caregiver workforce...
Feds aim to strengthen immigrant workforce, but do plans go far enough for long-term care?
By
Kathleen Steele Gaivin
Jan 30, 2023
New federal plans to strengthen the country’s immigrant workforce might bring the long-term care sector one step closer to alleviating its workforce shortage. But some wonder whether the plans go far...
Legislation would remove barriers to healthcare licensing across state lines
By
Kathleen Steele Gaivin
Mar 21, 2023
The States Handling Access to Reciprocity for Employment Act, introduced this month by a bipartisan group of congressmen, aims to help address workforce shortages in healthcare by removing licensure barriers...
Business briefs, June 13
By
Kathleen Steele Gaivin
Jun 13, 2022
OSHA long-term care COVID inspections this year surpass number for all of 2021 … Senior living community fined for not paying overtime to salaried employee … Nurse salaries rising but more considering...
CDC eases guidance for asymptomatic healthcare personnel exposed to COVID-19
By
Kathleen Steele Gaivin
Sep 27, 2022
The Centers for Disease Control and Prevention on Friday introduced new guidance for managing asymptomatic healthcare personnel exposed to COVID-19, incuding those who work in nursing homes. The guidance...
Business briefs, Dec. 20
By
Kathleen Steele Gaivin
Dec 20, 2021
Washington’s LTC insurance program put on hold … Parent company of Ascension Living affected by massive Kronos ransomware attack … Ensign Group increases quarterly dividend to $0.055 per share …...
Business briefs, July 22
By
Kathleen Steele Gaivin
Jul 22, 2022
Senior living leaders identify how to pay for wellness programming … House passes 12% funding increase for affordable housing … NLRB, FTC partner to promote fair competition, advance workers’ rights...