UMRC & Porter Hills rebrands as Brio Living Services
By
Kathleen Steele Gaivin
Mar 02, 2022
Exactly three years into their $150 million affiliation, nonprofit senior living organization United Methodist Retirement Communities and Porter Hills Presbyterian Village rebranded Tuesday under a single...
With projected Fed decreases, investor confidence is rising
By
Kathleen Steele Gaivin
Feb 21, 2024
The past few years have been challenging on debt markets in real estate, particularly in the senior living and care market, but a “boost in investor confidence” is occurring now, according to Jason...
Inflation Reduction Act called a ‘game-changer’
By
Kathleen Steele Gaivin
Aug 09, 2022
Medicare beneficiaries will not have to pay more than $2,000 per year for their medications, and beneficiaries with diabetes will not have to pay more than $35 per month for insulin, under the terms of...
Workforce mental health needs increase for most large employers: survey
By
Kathleen Steele Gaivin
Aug 24, 2023
Seventy-seven percent of large employers reported an increase in workforce mental health needs in a recent survey by Business Group on Health. That’s an increase of 33% from a year ago, when 44% of employers...
Immigration a possible answer to ‘demographic drought’ draining state’s workforce
By
Kathleen Steele Gaivin
Sep 19, 2023
A “demographic drought” brought about by an aging population, increasing retirements, declining fertility rates and lower immigration rates is threatening Minnesota’s workforce in general and in...
Minimum wage hikes have mixed results on workforce: poll
By
Kathleen Steele Gaivin
Jul 16, 2024
Increases in minimum wage also can be good for more highly paid workers, according to the results of an Express Employment Professionals-Harris Poll survey released Wednesday.
‘Taking advantage of cost of equity’: Ventas acquisition of New Senior
By
Kathleen Steele Gaivin
Jun 29, 2021
Monday’s news that Ventas plans to acquire New Senior Investment Group in an all-stock transaction valued at approximately $2.3 billion “seems to be an indication that public companies are taking advantage...
Economists expect recession’s end by 2021: survey
By
Amy Novotney
Aug 26, 2020
Most economists expect the U.S. to emerge from the current economic recession later this year or early in 2021, according to a National Association for Business Economics survey. Approximately 80% of respondents,...
USCIS increases immigration and naturalization fees for first time in 7 years
By
Kathleen Steele Gaivin
Feb 01, 2024
Employers will pay higher fees to submit petitions for workers and to sponsor employees for permanent residence under a final rule published Tuesday by US Citizenship and Immigration Services.
Senior housing and care M&A activity drops in third quarter
By
Kathleen Steele Gaivin
Oct 18, 2023
Merger and acquisition activity in senior living and care dropped to 115 publicly announced deals in the third quarter compared with 120 known transactions in the second quarter, according to information...