Legislation proposes $5.5M in ARPA funds to boost assisted living workforce
By
Kathleen Steele Gaivin
Feb 25, 2022
The Nebraska Unicameral Legislature is considering legislation that would direct more than $5.5 million in American Rescue Plan Act funds to assisted living communities to promote employee recruitment...
Increased healthcare M&A activity coming down pike in 2022, investment execs predict
By
Kathleen Steele Gaivin
Jan 26, 2022
Following a strong year for healthcare and life sciences transactions in 2021, investment professionals expect deal volume to clip along at a steady pace in 2022, despite labor shortages, supply chain...
OSHA civil penalties now top $145,000 for ‘willful or repeated’ violations
By
Lois A. Bowers
Jan 20, 2022
The Occupational Safety and Health Administration has increased the maximum penalty for “willful or repeated” violations to $145,027 per violation from $136,532 per violation, the Department of Labor...
Business briefs, Jan. 7
By
Kathleen Steele Gaivin
Jan 07, 2022
Governor announces plans to distribute 1 million rapid COVID tests to assisted living communities, nursing homes; LeadingAge Florida applauds … Fed discusses faster rate hikes to counter inflation …...
Staffing remains top challenge for senior living operators: NIC
By
Kimberly Bonvissuto
Dec 17, 2021
Staffing shortages continue to plague senior living and other long-term care operators, with attracting community and caregiving staff remaining a “significant challenge,” along with increasing turnover,...
Biden pledges to lower prescription drug prices for Americans
Dec 07, 2021
But the biggest policy change — letting Medicare negotiate prices for prescription drugs — will not start to lower costs until 2025.
Delays, uncertainty prompt legislation to address Provider Relief Fund
By
Kimberly Bonvissuto
Nov 18, 2021
With the House poised — maybe — to vote this week on the $1.75 trillion social spending bill, Argentum said it remains disappointed that senior living remains excluded in the legislation. But leaders...
Diversified Healthcare Trust ‘well positioned’ following Five Star community transitions, RMR CEO...
By
Kathleen Steele Gaivin
Nov 18, 2021
Diversified Healthcare Trust is “well positioned to unlock value and improve performance within its senior living portfolio,” RMR Group President and CEO Adam Portnoy said during the company’s third-quarter...
Strategic investments, rebranding highlight Capital Senior Living’s pandemic recovery strategy
By
Kimberly Bonvissuto
Nov 12, 2021
The third quarter was pivotal for Capital Senior Living, which completed a strategic investment with Conversant Capital and launched a rebranding initiative.
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...