7 percent of long-term care municipal bonds are in default: report
By
Kathleen Steele Gaivin
May 24, 2023
Seven percent of senior living and care-related municipal bonds are in default, compared with a default rate of less than 1% for all state and local government debt, Bloomberg reported Monday.
Nursing, residential care jobs up 8,000 in June — ‘a positive sign’ but still below pre-pandemic...
By
Kathleen Steele Gaivin
Jul 11, 2022
Employment in nursing and residential care facilities increased by 8,000 jobs in June, according to a information published Friday by the Bureau of Labor Statistics. The data represent statistics from...
Governor announces $6.5 million to train 1,500 long-term care caregivers
By
Kathleen Steele Gaivin
May 10, 2022
Arizona is dedicating $6.5 million to train 1,500 caregivers to work in long-term care, Gov. Doug Ducey (R) announced Thursday to coincide with Arizona Nurses Week.
Employment of people with disabilities reaches all-time high
By
Kathleen Steele Gaivin
Sep 11, 2023
The employment-to-population ratio for people with disabilities has never been better, according to a semi-monthly report issued by Kessler Foundation and the University of New Hampshire’s Institute...
Supreme Court affirmative action ruling could affect hiring practices
By
Kathleen Steele Gaivin
Jul 05, 2023
The Supreme Court’s affirmative action ruling Thursday related to college and university admissions could affect hiring practices at businesses, experts say.
Business briefs, Nov. 3
By
Kathleen Steele Gaivin
Nov 03, 2022
LHC Group disappoints again in dismal Q3 … Home health final rule ‘is not a win,’ Enhabit CEO says … Montana governor praises work-based public school offerings, such as assisted living...
Electronic signatures are new arbitration agreement challenge
By
Kathleen Steele Gaivin
Feb 07, 2024
Electronic signatures in arbitration agreements pose a potential challenge for employers, according to attorney Michael Kun, co-chair of law firm Epstein, Becker & Green’s wage and hour practice group.
Nursing home workforce recovery will take until 2026 without a ‘boost’: AHCA
By
Kathleen Steele Gaivin
Aug 09, 2022
Recovery to pre-pandemic staffing levels in nursing homes could take until 2026 unless the industry receives a “boost” from policymakers, the American Health Care Association said Monday.
Senior living diversifying as it matures: NIC
By
Kathleen Steele Gaivin
Nov 22, 2022
Numerous factors are helping the senior housing industry evolves and matures. That’s according to the National Investment Center for Seniors Housing & Care.
Long-term care wages up 1.1 percent in second quarter, 5.5 percent year over year
By
Kathleen Steele Gaivin
Aug 01, 2023
Nursing and residential care wages increased 1.1% in the second quarter, the Bureau of Labor Statistics reported Friday.