Buoyed by occupancy success, Thrive plans growth in active adult
By
Kimberly Bonvissuto
Aug 25, 2023
Some senior living operators continue to rebuild occupancy in the wake of the pandemic, but three Thrive Senior Living communities have achieved 100% occupancy — with one community at full capacity for...
Millions more salaried employees would be eligible for overtime pay under federal bill
By
Kathleen Steele Gaivin
Mar 31, 2023
Millions more salaried American workers would be eligible for overtime pay when they work more than 40 hours a week under a bill reintroduced Wednesday by Democratic legislators in both bodies of Congress
Updated: CMS proposes mandatory quality measures, other changes to HCBS program
By
Lois A. Bowers
Apr 27, 2023
Some quality measures for home- and community-based services would become mandatory under a proposed rule announced Thursday by the Centers for Medicare & Medicaid Services. Several other changes related...
CVS records $349 million loss related to Omnicare long-term care pharmacy business
By
Lois A. Bowers
May 04, 2023
CVS Health in the first quarter recorded a $349 million loss on assets held for sale associated with the Omnicare business.
Vi Living nears completion of $300 million redevelopment in Naples, FL
By
Kathleen Steele Gaivin
May 16, 2024
Vi Living on Monday opened the first building in the sixth and final phase of a $300 million redevelopment project at Bentley Village in Naples, FL. The cost for this phase was $92 million.
Post-hire noncompete agreements void in California as of Feb. 14
By
Kathleen Steele Gaivin
Dec 20, 2023
Come Valentine’s Day, all current pre- and post-hire noncompete agreements will become void in the state of California.
Business briefs, April 10
Apr 10, 2023
‘Significant’ cost increases coming for nursing facilities, CCRCs, home care … Bureau of Labor Statistics issues March employment situation summary … Executive order aims to improve...
NHI ‘significantly undervalued,’ Land & Buildings says, encouraging shareholders to vote against...
By
Kathleen Steele Gaivin
Apr 19, 2024
Land & Buildings Investment Management is encouraging National Health Investors shareholders to vote against two incumbent directors, Robert Webb and Charlotte Swafford, at the real estate investment trust’s...
Say ‘Hello’ to Erickson’s national recruitment campaign
By
Kathleen Steele Gaivin
Nov 08, 2022
Baltimore-based Erickson Senior Living’s new national recruitment campaign is called Hello.
Top CEO concerns: political uncertainty, interest rates, capital cost, potential economic slowdown
By
Kathleen Steele Gaivin
Mar 14, 2024
olitical uncertainty ranks as a leading concern for 45.3% of CEOs this year, according to the results of a survey by national accounting and advisory firm Marcum and Hofstra University’s Frank G. Zarb...