Legislation would require life plan community transparency
By
Kathleen Steele Gaivin
May 18, 2021
Proposed legislation in New Mexico would require life plan community operators to be more upfront with investors about community finances.
State senate subpoenas nursing home records
By
Kathleen Steele Gaivin
May 14, 2021
Michigan legislators voted Thursday to subpoena nursing home records from the state health department.
50 percent of skilled nursing facilities report occupancy increases: NIC
By
Kathleen Steele Gaivin
May 14, 2021
An average of 50% organizations with nursing care beds reported occupancy increases for the period Feb. 8 to May 2, according to the National Investment Center for Seniors Housing and Care’s Executive...
Lifesprk, Tealwood Senior Living partner, aim to create unique senior living experience
By
Kathleen Steele Gaivin
May 13, 2021
The partnership announced this week between Lifesprk and Tealwood Senior Living aims for a cutting-edge approach to senior living and care as the newly named Lifesprk Senior Living.
HUD awards millions in ‘green’ funding to 17 affordable senior housing communities
By
Kathleen Steele Gaivin
Jun 26, 2024
Seventeen affordable seniors housing properties will receive funding ranging from $2.4 million to $20 million, the Department of Housing and Urban Development announced Tuesday as it makes available a...
IRS plans to deny billions of dollars in ‘clearly improper’ employee retention credit claims
By
Kathleen Steele Gaivin
Jun 25, 2024
The IRS said it plans to deny tens of thousands of improper, high-risk employee retention credit claims from employers, totaling billions of dollars, after a review found “a large number of improper...
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...
Rising cost of employer-sponsored healthcare cutting into worker wages, study finds
By
Kathleen Steele Gaivin
Jan 17, 2024
Employers are paying more for healthcare insurance, and the costs are cutting into wages and contributing to growing income inequality. That’s according to research published Tuesday in the Journal of...
Slow recovery leads to healthcare spending decline for first time in 50+ years
By
Kathleen Steele Gaivin
Jul 28, 2022
For the first time in more than 50 years, inflation-adjusted healthcare spending declined, according to a research brief published Wednesday by research and consulting organization Altarum.
Welltower SHOP sees 4th consecutive quarter of 20+ percent NOI growth
By
Kathleen Steele Gaivin
Nov 01, 2023
Net operating income growth in Welltower’s senior housing operating portfolio exceeded 20% for the fourth consecutive quarter, CEO Shankh Mitra said Tuesday during the company’s latest earnings call.