Nursing home staff turnover up 25 percent from last year: survey
By
Kathleen Steele Gaivin
Aug 01, 2022
The national nursing home staff turnover rate for all employees is up 25% from last year. That’s according to findings included in the 45th annual Nursing Home Salary & Benefits Report released Thursday...
Aveanna Healthcare, CareTrust REIT, Invesque and Sonida Senior Living reported first-quarter results on Thursday.
Investor dissatisfaction grows with boards, ESG proposals: report
By
Kathleen Steele Gaivin
Sep 21, 2023
More shareholders are dissatisfied with corporate boards of directors than in the past, and support for environmental, social and governance proposals also has waned, according to a report released Wednesday...
Executive salaries in senior living, nursing homes would be limited under proposed ordinance
By
Kathleen Steele Gaivin
May 05, 2023
The annual compensation of executives in senior living, nursing homes and other healthcare entities in Los Angeles would be capped at $450,000 under an ordinance proposed by the Service Employees International...
Pennant Group’s senior living segment revenue tops $40M in first quarter
By
Kathleen Steele Gaivin
May 08, 2024
The Pennant Group delivered a strong first quarter and a great start to the year, CEO Brent Guerisoli told investors on Tuesday’s earnings call.
Pennant, NHC report earnings
By
Kathleen Steele Gaivin
May 08, 2023
The Pennant Group and National HealthCare Corp. provided quarterly financial updates Friday to stakeholders.
Unfair labor practices charge filings, union petitions up from last year
By
Kathleen Steele Gaivin
Apr 11, 2023
Unfair labor practice charges and union representation petitions are on the rise, according to the National Labor Relations Board.
Long-term care sees record-level M&A activity
By
Kathleen Steele Gaivin
Jul 21, 2023
Halfway through the year, the long-term care sector “continue[s] to see record-level activity and organizations exploring the benefits of a potential affiliation with another not-for-profit, as well...
Merger, acquisition activity lags across healthcare
By
Kathleen Steele Gaivin
Mar 05, 2024
Deal activity declined last year across nearly every segment of healthcare, according to newly released data from Irving Levin Associates
Retirement communities see uptick in move-ins for socialization after pandemic isolation
By
Kathleen Steele Gaivin
Jul 07, 2022
The need for socialization among older adults is helping overcome the uncertainty and decreased occupancy seen in senior living earlier in the COVID-19 pandemic, according to an article in MarketWatch.