University-affiliated senior living communities taking advantage of popular trend … Senior living operator Revel first in sector to adopt next-gen security platform … Bedrock Healthcare at Home partners...
Maryland becomes sixth state to require salary, wage disclosures in job listings
By
Kathleen Steele Gaivin
May 10, 2024
Effective Oct. 1, Maryland will join five other states and the District of Columbia in requiring employers to disclose salary or wage ranges upfront in job listings.
Business Daily, March 11
By
Kathleen Steele Gaivin
Mar 11, 2024
Nursing home forced to close, evacuate over emergency staffing shortage following missed payroll … HRSA may seek recovery of $159M in potential provider PRF overpayments … Carnegie unveils ‘Go-To...
Holidays complicate pay calculations for employees taking FMLA leave
By
Kathleen Steele Gaivin
Jun 12, 2023
If an employee takes a full week of leave under the Family and Medical Leave Act during a week with a holiday, then the employee does not get additional pay for the holiday and must use a full week of...
Investors have ‘growing pool’ of senior living opportunities
By
Kathleen Steele Gaivin
Feb 20, 2024
Senior living investors have a “growing pool of opportunities” this year, and they span the risk spectrum, Shashank Goel, assistant vice president in the transactions group at Harrison Street, wrote...
Senior housing sector posts positive total return: NIC
By
Kathleen Steele Gaivin
Jun 07, 2023
The senior housing sector posted a total return of 0.11% in the first quarter, up from a decline of 0.88% total return in the previous quarter, according to a National Investment Center for Seniors Housing...
Property, professional liability insurance costs major culprit as operating expenses increase
By
Kathleen Steele Gaivin
Oct 21, 2022
Increases in property and professional liability insurance costs are major contributors to runaway operating expenses for long-term care providers, according to results of the latest Executive Survey Insights...
Business briefs, Oct. 31
By
Kathleen Steele Gaivin
Oct 31, 2022
Assisted living owner pays $1M in back wages, damages to 47 workers … Healthpeak Properties declares quarterly common stock cash dividend of $0.30 per share … FTC a decision has ‘a 100% chance of...
Month-over-month occupancy up 20 basis points in Diversified Healthcare Trust’s portfolio
By
Kathleen Steele Gaivin
Jan 02, 2024
November occupancy was 80.1% in Diversified Healthcare Trust’s senior housing operating portfolio, the Newton, MA-based real estate investment trust disclosed Thursday in a press release.
Bankruptcy filings trend up, with long-term care still showing ‘substantial distress’
By
Kathleen Steele Gaivin
Nov 16, 2023
Chapter 11 bankruptcy filings in the healthcare industry, including those in long-term care, have trended upward in the third quarter, according to the Polsinelli-TrBK Distress Indices Report. Healthcare...