SNFs, CCRCs ‘off the pace’ for recruiting, retaining workers: Fitch
By
Kathleen Steele Gaivin
Apr 16, 2024
Skilled nursing facilities and continuing care retirement / life plan communities “are still well off the pace needed to reach a full post-pandemic recovery” in terms of their workforces, according...
It’s time for ‘serious discussion’ on paid leave: policy makers
By
Kathleen Steele Gaivin
Mar 26, 2024
Weeks after the White House announced a proposed budget for 2025 that includes a measure to establish a national paid family and medical leave program, lawmakers are divided on the practicalities of moving...
20 percent of 50+ Americans lack retirement savings: AARP
By
Kathleen Steele Gaivin
Apr 26, 2024
Twenty percent of Americans aged 50 or more years have no retirement savings, and more than 50% worry they will not have enough money to support themselves in retirement. That’s according to a recent...
CFO boosts interest in Invesque with stock pick-up
By
Kathleen Steele Gaivin
Apr 02, 2024
A company owned by Invesque’s chief financial officer has boosted the CFO’s financial interest in the real estate company with the acquisition of 16.98 million shares of stock common from insurance...
FBI, Justice Department cracking down on PPP loan fraudsters
By
Kathleen Steele Gaivin
Mar 19, 2024
The FBI and Justice Department are reportedly ramping up investigations and prosecutions of companies believed to have fraudulently obtained Paycheck Protection Program loans during the pandemic.
2024 to be year of ‘extraordinary growth’ for Wellower, CEO says
By
Kathleen Steele Gaivin
Apr 15, 2024
2024 will be a year of “extraordinary growth” for Welltower, CEO Shankh Mitra predicted Friday in an annual report to investors.
Arbitration agreements would be prohibited as condition of admission under proposed federal law
By
Kathleen Steele Gaivin
Apr 11, 2024
Nursing homes would be prohibited from requiring or soliciting residents to sign pre-dispute, mandatory, binding arbitration agreements as a condition of admission under a bill introduced Tuesday by Sens....
Lutheran Senior Services/Diakon agreement forms one of largest US nonprofit LTC organizations
By
Kathleen Steele Gaivin
Mar 29, 2024
Diakon Senior Living operations and its four continuing care retirement / life plan communities will become part of Lutheran Senior Services under an agreement announced Wednesday that the organizations...
Nursing homes struggle with tighter reimbursement environment, expert says
By
Kathleen Steele Gaivin
Mar 20, 2024
Nursing home funding challenges, capital and private equity firms were among the subjects of a webinar Tuesday sponsored by the Long Term Care Community Coalition.