Justice Department files antitrust complaint against senior living technology provider
By
John Roszkowski
Aug 27, 2024
The US Justice Department and attorneys general from eight states have filed suit against a company that provides property management software for senior living and multi-family housing providers, for...
Maine nursing home closure continues disturbing state, national trend
By
John Roszkowski
Aug 27, 2024
The closing of a 55-year old nursing home in Maine is the latest in a disturbing trend of nursing home closures in the state and nationwide.
Actions & Transactions, Aug. 27
Aug 27, 2024
$48 million senior living project planned in Michigan … GentleBrook plans $14 million senior living community in Ohio … Lutheran Senior Services seeks approval for major senior living renovation …...
Fed chair signals possible rate cut ahead of September meeting
By
Kathleen Steele Gaivin
Aug 26, 2024
Lower federal interest rates could be coming as soon as next month, although Federal Reserve Chair Jerome Powell declined to commit to an exact date when speaking Friday at an economic symposium in Jackson...
New federal staffing mandate poses greater challenge in some states, Altarum reports
By
Kathleen Steele Gaivin
Aug 26, 2024
Staffing challenges have been prevalent in nursing care since the pandemic, and a federal minimum staffing rule coming down the pike could have a negative impact on some facilities. A recently published...
Ventas selects Sunrise Senior Living to manage Battery Park IL
By
Kathleen Steele Gaivin
Aug 20, 2024
Ventas has selected McLean, VA-based Sunrise Senior Living to manage its Battery Park independent living high-rise community in lower Manhattan. Sunrise will manage the property as it undergoes renovations...
Senior living industry celebrates decision overruling FTC’s noncompete ban
By
Kimberly Bonvissuto
Aug 22, 2024
A federal judge’s decision to strike down the Federal Trade Commission’s ban on employment noncompete agreements is being celebrated by the senior living industry, among other business and employer...
Senior living construction booms 11 percent, fueled by surging demand
By
Kathleen Steele Gaivin
Aug 21, 2024
Senior living construction has surged 11% since last summer, with public sector projects outpacing the private sector in the first half of the year.
Business briefs, Aug. 16
By
Kathleen Steele Gaivin
Aug 16, 2024
Texas adds pressure with lawsuit against nursing home staffing mandate ‘power grab’ … Unemployment claims drop by 7,000 week over week: BLS … ‘Alarming’ legal opinion could be ‘detrimental’...
Court cites Civil War-era statute in decision that could lead to lawsuits against companies that hire...
By
Kathleen Steele Gaivin
Aug 14, 2024
A recent federal appeals court ruling could result in more discrimination lawsuits filed by US citizens against companies that hire holders of temporary visas, according to one attorney.