‘Bold legislation’ needed to ensure affordable housing availability, group says
By
Kathleen Steele Gaivin
Mar 15, 2024
Adults older than 62 years account for 31% of adults who need affordable housing, according to a new report from the National Low Income Housing Coalition. The group’s CEO said that “bold legislation”...
Pay disparities by gender, race still prevalent: EEOC
By
Kathleen Steele Gaivin
Mar 14, 2024
Men still tend to make more money than women across all racial and ethnic groups, according to US Equal Employment Opportunity Commission data released this week.
Older adults’ net worth surges following pandemic
By
Kathleen Steele Gaivin
Mar 13, 2024
Home and stock prices have increased substantially since the COVID-19 pandemic, resulting in a $91,000 median increase in net worth between 2019 and 2022 for households headed by someone aged 65 or more...
Initial claims for unemployment stabilize week over week
By
Kathleen Steele Gaivin
Mar 08, 2024
Week-over-week initial claims for unemployment for the week ended March 2 remained flat at 217,000, according to data released Thursday by the Department of Labor’s Bureau of Labor Statistics.
Federal government to investigate private equity’s influence on nursing homes, HCBS, home health
By
Kathleen Steele Gaivin
Mar 07, 2024
The Justice Department, Federal Trade Commission and Health and Human Services Department have announced plans to jointly investigate private equity’s influence on healthcare.
Job gains ‘remain solid’ in February: ADP
By
Kathleen Steele Gaivin
Mar 07, 2024
“Job gains remain solid,” ADP Chief Economist Nela Richardson said in a press release issued Wednesday in conjunction with an ADP National Employment Report Economy Lab report.
‘Nothing less than a crisis’ as 45 percent of SNFs cite serious financial issues in AHCA survey
By
Kathleen Steele Gaivin
Mar 06, 2024
Forty-five percent of skilled nursing facility participants in a new survey said they are “either operating in the red or barely breaking even.”
Bill would support companies in employment of workers with disabilities
By
Kathleen Steele Gaivin
Mar 04, 2024
A proposed federal bill with bipartisan support would “support employers transitioning to paying competitive, fair wages to people with disabilities,” according to one of its sponsors, Sen. Bob Casey...
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.
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...