The National Labor Relations Board’s “joint employer” rule now is set to go into effect on March 11 after a federal judge granted a stay last week.
False Claims Act settlements, judgments top $2.68 billion, set record for number
By
Lois A. Bowers
Feb 26, 2024
False Claims Act settlements and judgments exceeded $2.68 billion in the fiscal year that ended Sept. 30, with more than $1.8 billion of the total related to matters involving healthcare fraud, including...
Labor Department announces $200 million in grants for apprenticeships in nursing, hospitality, other...
By
Lois A. Bowers
Feb 26, 2024
The US Department of Labor has announced the availability of almost $200 million in grants to support public-private partnerships that “expand, diversify and strengthen” registered apprenticeships...
Business briefs, Feb. 26
By
Lois A. Bowers
Feb 26, 2024
Bills would limit assisted living liability claims against ‘passive investors’ … Bassett extends sign-on bonus program; up to $35K offered to RNs, $20K for others … Trestle partners with Solinity...
Actions & Transactions, Feb. 26
By
Lois A. Bowers
Feb 26, 2024
JLL secures $18 million for Jaybird Senior Living to acquire two senior living communities in Iowa … Lutheran Senior Services acquires New Horizons PACE … Clearwater Living opens new senior living...
Senior living lending increases as investors adjust to changing capital market
By
Kathleen Steele Gaivin
Feb 23, 2024
The issuance of new permanent debt for senior living increased during the third quarter of 2023, according to a lending trends report released by NIC Analytics.
McKnight’s Spirit Awards to go to 4 inspirational women in long-term care
By
Adam Healy
Josh Henreckson
Foster Stubbs
Lois A. Bowers
Feb 22, 2024
Four women have been chosen as the third class of Spirit Award winners as part of the 2024 McKnight’s Women of Distinction program.
UPDATED: Healthpeak Properties merger with Physicians Realty Trust approved via votes
By
Lois A. Bowers
Feb 21, 2024
The merger of Healthpeak Properties, with a portfolio that includes 15 continuing care retirement communities, and Physicians Realty Trust has been approved by the companies’ respective stockholders...
Approaching retirement, Parkinson takes trip down memory lane, shares insights into road ahead for assisted...
By
Lois A. Bowers
Feb 21, 2024
Mark Parkinson paused briefly Tuesday to reflect on his tenure at the helm of AHCA/NCAL and share his thoughts on what the future holds for assisted living.
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...