Senior living will ‘benefit greatly’ from ‘largest federal investment’ of $244 million in apprenticeships,...
By
Kathleen Steele Gaivin
Jul 15, 2024
The White House has announced the awarding of $244 million in grants aimed at bolstering registered apprenticeship programs across the country.
Enacted bill shows that dementia resources are ‘high priority,’ industry advocate says
By
Lois A. Bowers
Jul 23, 2024
A long-term care provider advocate in South Carolina says that recently passed legislation “makes it clear that improving resources and access to care for those with Alzheimer’s disease is a high priority”...
Business briefs, July 18
By
Kathleen Steele Gaivin
Jul 18, 2024
Fitch Ratings affirms Givens Estates at A-; outlook stable … Fitch Ratings affirms Arbor Acres United Methodist Retirement Community at BBB+; outlook stable … Online registration begins Aug. 1 for...
Judge declines to expand preliminary injunction against noncompete rule to more employers
By
Kathleen Steele Gaivin
Jul 15, 2024
After granting a partial injunction on July 3 that blocked enforcement of the Federal Trade Commission’s final rule banning noncompete agreements for some employers,
Older Americans Act discussion draft prompts litany of recommendations from senior living industry
By
Kimberly Bonvissuto
Jul 26, 2024
Addressing long-term care opportunities for the direct care workforce and adopting an all-of-government approach to aging are among the recommendations senior living leaders made in comments to senators...
Home care spending outpaces nursing home spending ‘by far’
By
Kathleen Steele Gaivin
Jul 19, 2024
Spending on healthcare goods and services grew by 8.3% between May 2023 and May 2024, according to the latest monthly Health Sector Economics brief from Altarum, released Thursday.
State budget has ‘positive steps’ but does not do enough for providers, residents, groups say
By
Lois A. Bowers
Jul 22, 2024
Senior living industry advocates in Pennsylvania say they are encouraged by steps to support older adults evident in the recently passed state budget, but they say much more needs to be done to support...
Welltower upsizes pricing of $900 million of exchangeable senior notes
By
Kathleen Steele Gaivin
Jul 10, 2024
Just a day after announcing a $750 million debt offering, Welltower’s operating company, Welltower OP, upsized the offering to $900 million in 3.125% exchangeable senior notes due in 2029, the Toledo,...
Women undergoing CABG more likely to get care at low-quality hospitals
Jul 29, 2024
More than fourfold higher mortality was seen for women Medicare beneficiaries receiving coronary artery bypass grafting at low-quality hospitals than male beneficiaries at high-quality hospitals.
Two years later, 988 crisis line has answered 10 million requests
Jul 17, 2024
Statistics show the 988 line is needed: A 2022 national survey found that over 12 million adults had seriously considered suicide in the previous year. And almost 1.2 million of 988 calls were answered...