Proposed federal regulation aims to help workers keep track of retirement savings when they switch jobs
By
Kathleen Steele Gaivin
Jan 22, 2024
A new regulation proposed last week by the Department of Labor’s Employee Benefits Security Administration aims to help workers keep track of their retirement savings accounts better and improve their...
Ventas expects ‘unprecedented demand,’ has $300 million senior living pipeline, execs say
By
Kathleen Steele Gaivin
Feb 16, 2024
With expectations of “unprecedented demand” for senior living in 2024 and subsequent years due to the rapidly growing population of older adults, Ventas is actively working on an investment pipeline...
Private equity healthcare bankruptcies spiked in 2023, with more expected this year
By
Kathleen Steele Gaivin
Apr 18, 2024
Private equity healthcare bankruptcies hit a record high last year, with more expected this year, according to nonprofit Private Equity Stakeholder Project.
Staff turnover stabilizes year over year for about half of assisted living providers
By
Kathleen Steele Gaivin
Jan 25, 2024
Staff turnover in assisted living has changed little for many providers over the past 12 months, according to findings in the “2023-2024 Assisted Living Salary & Benefits Report,” published by Hospital...
It’s time for ‘serious discussion’ on paid leave: policy makers
By
Kathleen Steele Gaivin
Mar 26, 2024
Weeks after the White House announced a proposed budget for 2025 that includes a measure to establish a national paid family and medical leave program, lawmakers are divided on the practicalities of moving...
2024 to be year of ‘extraordinary growth’ for Wellower, CEO says
By
Kathleen Steele Gaivin
Apr 15, 2024
2024 will be a year of “extraordinary growth” for Welltower, CEO Shankh Mitra predicted Friday in an annual report to investors.
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...
American Healthcare REIT ‘bullish’ on long-term care prospects, exec says
By
Kathleen Steele Gaivin
Mar 25, 2024
American Healthcare REIT is “bullish” on the prospects for senior living and skilled nursing over the next several years, President and CEO Danny Prosky said on Friday’s earnings call with...
CCRC ratings unlikely to be affected by SNF staffing mandates: Fitch
By
Kathleen Steele Gaivin
Sep 21, 2023
The minimum staffing rule that most nursing homes will be required to meet within the next three years will add to staffing pressures at continuing care retirement / life plan communities, but it will...
Rebound expected for M&A in senior living and care
By
Kathleen Steele Gaivin
Feb 28, 2024
Mergers and acquisitions activity in senior living and care faltered in 2023 for various economic reasons, but M&A is expected to rebound this year, according to the experts at accounting and consulting...