Life plan communities face uncertainty as pandemic continues
By
Amy Novotney
May 14, 2020
Most Fitch-rated continuing care retirement / life plan communities have longer operational histories and stronger financial profiles than their unrated peers, putting them in a better position to manage...
38 percent of workers are subject to noncompete agreements, GAO says
By
Kathleen Steele Gaivin
May 18, 2023
An estimated 38% of workers have been subject to an NCA at some time in their careers, the US Government Accountability said in a new report.
Assisted living residents cannot sue for breach of bill of rights: NJ court
By
Kathleen Steele Gaivin
Jun 29, 2021
New Jersey’s nursing home residents can sue for a breach of the facility’s statutory bill of rights, but assisted living facility residents do not have that right, according to a recent court ruling.
Supply of post-acute care facilities continued decline last year: MedPAC report
By
Amy Novotney
Jul 21, 2020
The nation’s supply of inpatient rehabilitation facilities, long-term care hospitals and skilled nursing facilities continued to decline in 2019, contracting by 1.5%, 3.9% and 0.8%, respectively. That’s...
Cost of linked-benefit LTC insurance drops by up to 27 percent from last year
By
Kathleen Steele Gaivin
Jan 12, 2024
Individuals are paying up to 27% less for linked-benefit long-term care insurance coverage than they were a year ago, according to an annual price index released Thursday by the American Association for...
Immanuel gives employees 23 percent pay increase, other benefits
By
Kathleen Steele Gaivin
Jul 01, 2021
Omaha, NE-based Immanuel Communities is increasing pay for workers at its 14 senior living communities and three Pathways PACE (Program of All-inclusive Care for the Elderly) centers across Nebraska and...
DOJ appeals court-ordered temporary stay of OSHA vaccine rule
By
Kathleen Steele Gaivin
Nov 11, 2021
After a three-judge panel on the Fifth Circuit Court of Appeals temporarily blocked the Biden administration’s new mandatory vaccination rules Saturday, the Department of Justice responded late Monday,...
Bill would help Americans to save more for retirement, enable small businesses to offer 401(k)s, senators...
By
Kathleen Steele Gaivin
Jun 09, 2021
Americans who have not saved enough for retirement would be able to put aside more money under legislation introduced last month by Sens. Ben Cardin (D-MD) and Rob Portman (R-OH).
Home sharing may be gaining steam as an affordable alternative to formal seniors housing
By
Amy Novotney
Sep 23, 2020
It was the high cost of housing in Colorado Springs that originally brought roommates Kimberly Bolding, Ardene Hagadorn and Louis John Vastine together, but it’s the medical and financial support...
New DOJ task force to tackle competition-related concerns in healthcare
By
Kathleen Steele Gaivin
May 13, 2024
The Justice Department said its Antitrust Division’s new Task Force on Health Care Monopolies and Collusion will consider “widespread competition concerns shared by patients, healthcare professionals,...