Healthcare sees highest Chapter 11 bankruptcy filings in 15 years: report
By
Kathleen Steele Gaivin
May 17, 2024
Chapter 11 bankruptcies in healthcare, including senior living reached a multiyear high in the first quarter of 2024. That’s according to the newest Polsinelli-TrBK Distress Indices Report, published...
Insurance rates stabilize for senior living, skilled nursing providers
By
Kathleen Steele Gaivin
May 09, 2024
Senior living and skilled nursing providers began to see insurance rates stabilize in the fourth quarter of 2023, similar to what was seen in 2022, according to WTW’s annual Insurance Marketplace Realities...
Operating expenses rose last month within the Newton, MA-based Diversified Healthcare Trust’s senior housing operating portfolio.
Total SHOP operating expenses for March increased 3.3% and 6.7% on a...
Business briefs, May 3
By
Kathleen Steele Gaivin
May 03, 2024
FTC, DOJ and HHS extend to June 5 comment period on cross-government inquiry into private equity in healthcare … Ventas plans to expand senior living footprint , building on ‘unprecedented’ growth...
Retirement confidence has not recovered from significant 2023 drop: survey
By
Kathleen Steele Gaivin
Apr 30, 2024
Workers’ and retirees’ confidence has not fully bounced back from last year’s drop, but signs exist that a positive recovery is underway, according to results of the 2024 Retirement Confidence Survey...
68 percent of pre-retirees say they will not be able to retire as planned at 65: survey
By
Kathleen Steele Gaivin
Apr 16, 2024
Sixty-eight percent of workers aged 55 to 65 years participating in a new survey said they are facing the reality that retiring fully or comfortably at 65 is more or less a pipe dream, with 41% planning...
Private-sector employment sees biggest jump since July: ADP
By
Kathleen Steele Gaivin
Apr 04, 2024
March saw the biggest jump in hiring since July 2023, according to the ADP National Employment Report Economy Lab report released Wednesday.
Initial unemployment claims dip a bit
By
Kathleen Steele Gaivin
Mar 29, 2024
Initial claims for unemployment benefits dipped to 210,000 for the week that ended March 23, according to data released Thursday by the Department of Labor’s Bureau of Labor Statistics. That number represents...
Initial filings for unemployment insurance dip again week over week
By
Kathleen Steele Gaivin
Mar 22, 2024
Applications for unemployment benefits dipped slightly for the week ending March 16, according to data released Thursday by the Department of Labor’s Bureau of Labor Statistics.
Business briefs, March 22
By
Kathleen Steele Gaivin
Mar 22, 2024
Interest rate cuts on the horizon … ‘Landmark legislation’ aims to streamline, coordinate care for 12 million dually eligible individuals … Provider sues agency for routine overbilling, unscrupulous...