Cambridge Realty Capital Companies provides $18.12M lean loan to refinance Westmont, IL, SNF … National Church Residences opens $9M affordable housing community for seniors … Grace Management breaks...
NLRB reaffirms measures meant to prevent coercion of employees during unfair labor practice investigations
By
Kathleen Steele Gaivin
Dec 20, 2022
The National Labor Relations Board issued a decision Friday that reaffirms measures aimed at preventing employers from coercing workers when they interview them in preparation for unfair labor practice...
Business briefs, Dec. 20
By
Kathleen Steele Gaivin
Dec 20, 2022
Ransomware attacks lead CMS to issue new IDs to 254K Medicare beneficiaries … CareTrust REIT announces extension, renewal of unsecured revolver … Broadmark Realty Capital declares monthly cash dividend...
More challenges ahead for senior living and care investors in 2023, experts say
By
Kathleen Steele Gaivin
Dec 14, 2022
Investing in senior living and care in 2023 is going to be more difficult than it was in 2022, experts said Tuesday during a session of the 2022 What’s Next Longevity Innovation Summit, a hybrid...
Ziegler: Staffing challenges contribute to SNF downsizing decisions
By
Kathleen Steele Gaivin
Dec 13, 2022
Specialty investment bank Ziegler offers some guidance for not-for-profit providers of skilled nursing services considering downsizing.
Challenge for senior living: Move from ‘siloed to seamless,’ NIC founder says
By
Kathleen Steele Gaivin
Dec 13, 2022
A final driver shaping the future of senior living is “moving from siloed to seamless,” National Investment Center for Seniors Housing & Care founder and strategic adviser Robert Kramer wrote in the...
New law expedites timeliness of reporting infections
By
Kathleen Steele Gaivin
Dec 09, 2022
New York Gov. Kathy Hochul (D) signed legislation Wednesday that requires nursing homes to provide residents, authorized family members and guardians “timely notice” when an infection is detected.
Life plan community outlook ‘deteriorating’ in 2023: Fitch Ratings
By
Kathleen Steele Gaivin
Dec 07, 2022
The outlook for continuing care retirement / life plan communities is “deteriorating” due to continued labor challenges and a “softening broader economy.” That’s according to a newly released...
Employer-based treatment programs could reduce absenteeism, be ‘powerful ally’ against substance...
By
Kathleen Steele Gaivin
Dec 07, 2022
ho use opioids and other substances are more likely to miss work. Employers that promote employee treatment programs are able to reduce absenteeism, according to a recent Boston University study.
Industry weighs in on immigration as expected House vote approaches
By
Kathleen Steele Gaivin
Dec 02, 2022
Long-term care provider advocates have been urging the federal government to look at immigration reform as one solution to the direct care workforce shortage.