Proposed overtime rule would worsen workforce, resident access issues, provider groups fear
By
Lois A. Bowers
Aug 31, 2023
A Labor Department-proposed rule that would make approximately 3.6 million more salaried workers and so-called highly compensated employees eligible for overtime pay is “ill-timed” and would worsen...
Increasing minimum wage would worsen assisted living workforce challenges, not fix them, coalition says
By
Kimberly Bonvissuto
May 02, 2023
A California bill that proposes increasing the minimum wage to $25 for direct care workers and support staff members has plenty of opponents, including senior living industry advocates.
Invesque thrusts more prominently into senior living with active portfolio
By
Kimberly Bonvissuto
Nov 12, 2021
Invesque Chairman and CEO Scott White said it’s been a busy year with active portfolio management as the company continues its push into the seniors housing sector through strategic transitions, dispositions...
LTC Properties expects ‘hard, long, positive’ year
By
Kimberly Bonvissuto
Feb 17, 2023
2022 was a “hard, long, positive” year for LTC Properties, and Chairman and CEO Wendy Simpson anticipates much of the same in 2023. She made the prediction Thursday on the Westlake Village, CA-based...
Older Americans Act reauthorization appears destined for president’s desk
By
Lois A. Bowers
Mar 21, 2016
A bill reauthorizing the Older Americans Act appears destined for the president’s desk after the U.S. House of Representatives passed a version of S. 192 March 21.
Long-term care shows signs of recovery despite inflationary headwinds
By
Kathleen Steele Gaivin
Sep 16, 2022
Despite persistent labor and inflationary headwinds, senior living and skilled nursing are seeing growth in occupancy and rents, according to new reports from Marcus & Millichap released Wednesday.
Outreach, advocacy, education keys to solving workforce issues, Argentum says
By
Kimberly Bonvissuto
Sep 16, 2022
Heightened outreach, advocacy and education will be keys to addressing workforce shortages in senior living, according to Argentum.
Washington best, Nevada worst in new ranking of outlook for older adults
By
Kimberly Bonvissuto
May 16, 2022
Washington state helps older adults live their best lives, whereas Nevada is at the bottom of states having the most improved outlook for older adults, according to a new ranking.
CCRC outlook not getting worse but also not improving much, Fitch says
By
Kathleen Steele Gaivin
Jan 19, 2024
Fitch Ratings’ outlook for continuing care retirement / life plan communities is “deteriorating,” according to the company’s senior director and sector lead for life plan communities, Margaret...
Experts offer tips to mitigate construction cost risks in the current economy
By
Kathleen Steele Gaivin
Apr 27, 2022
Limited staff, resources, costs and supply chain issues all continue to hinder construction projects in the economy. Plante Moran experts offered strategies for mitigating construction costs risks and...