Private-sector employment increased by 324,000 jobs in July, according to the July ADP National Employment Report. The report is produced by the ADP Research Institute in collaboration with the Stanford...
Interest rates expected to ease, putting public equity investors in ‘very positive mood’
By
Kathleen Steele Gaivin
Apr 14, 2023
The Federal Reserve is likely to ease interest rate increases starting in the next session or two, KPMG’s Ash Shehata and KPMG’s Global & US Private Equity Leader Glenn Mincey said Thursday during...
Cost inflation is ‘strategic challenge’ in senior living construction
By
Kathleen Steele Gaivin
Jun 10, 2022
Cost inflation continues to be a hot topic and a “strategic challenge” in senior living construction, Tad Melton, managing director at Ziegler, said Wednesday at a webinar hosted by the specialty investment...
At $648 billion, care economy is $138 billion larger than the U.S. pharmaceutical industry: guide
By
Kathleen Steele Gaivin
Jul 15, 2021
Holding Co. and Pivotal Ventures value the care economy at $648 billion and say it is ripe for expansion, according to an investors’ guide co-sponsored by the two companies.
Trustwell Living almost doubles in size with addition of 24 communities
By
Kathleen Steele Gaivin
Oct 13, 2023
Trustwell Living has almost doubled the number of communities under its management with the transition and rebranding of 24 communities across Arizona, Indiana, Iowa, Louisiana, Oregon, Texas, Washington...
Regional Health Properties ends quarter with ‘healthy cash balance’
By
Kathleen Steele Gaivin
Nov 17, 2021
Regional Health Properties ended the third quarter “with a healthy cash balance” and collected 97.4% of the cash rent it was owed contractually for the quarter, the company said Monday.
Legislation voids forced arbitration for sexual assault and sexual harassment claims
By
Kathleen Steele Gaivin
Feb 14, 2022
Companies will not be able to require arbitration to settle claims of sexual harassment and sexual assault under a bill passed last week by both houses of Congress. The law will void forced arbitration...
Earnings call wrap-up: Welltower, Omega Healthcare Investors, CVS Health
By
Kathleen Steele Gaivin
May 04, 2023
CVS Health, Omega Healthcare Investors and Welltower reported Wednesday on their first-quarter 2023 earnings.
SNF operator weathers pandemic worker shortage with ‘culture of care’
By
Kathleen Steele Gaivin
Feb 02, 2022
North Olmsted, OH-based Foundations Health Solutions experienced little pandemic-related staff turnover based on the culture it established before COVID-19 took hold, according to Robert Speelman Jr.,...
Workforce issues a theme of State of the Union address and industry reaction to it
By
Kathleen Steele Gaivin
Feb 09, 2023
Several workforce issues were part of President Biden’s State of the Union address on Tuesday — as well as long-term care industry reaction to the speech. The talk comes at a time when long-term care...