$28.6M+ recovered in first year of DOL investigations of senior living and care industry
By
Kathleen Steele Gaivin
Nov 17, 2022
A Department of Labor initiative launched a year ago as of Wednesday has recovered more than $28.6 million in back wages and damages as well as assessments of $1.3 million in civil monetary penalties from...
Advocates celebrate joint employer ruling while potential appeal, contrary order await
By
Kathleen Steele Gaivin
Mar 12, 2024
Long-term care industry advocates are celebrating after a federal judge on Friday vacated the National Labor Relations Board’s joint employer rule, which had been set to go into effect Monday. Attorneys,...
Pennant Group CEO: Senior living segment makes ‘remarkable progress’
By
Kathleen Steele Gaivin
Aug 10, 2023
The Pennant Group’s senior living segment “made remarkable progress” in the second quarter, CEO Brent Guerisol said Wednesday on the company’s latest earnings call.
Business briefs, April 12
By
Kathleen Steele Gaivin
Apr 12, 2024
Senior living ‘on cusp of notable upswing,’ NIC says as new report series launches … House bill calls for $1.6B program to bolster nursing home workforce … Initial unemployment claims fell by...
Senior living diversifying as it matures: NIC
By
Kathleen Steele Gaivin
Nov 22, 2022
Numerous factors are helping the senior housing industry evolves and matures. That’s according to the National Investment Center for Seniors Housing & Care.
Business briefs, Jan. 8
By
Kathleen Steele Gaivin
Jan 08, 2024
More inventory, investment needed to meet coming demand for senior living … Number of nursing home residents drops 12% despite increasing needs: KFF … OIRA codifies Labor Department interpretations...
Improved onboarding process could boost worker retention
By
Kathleen Steele Gaivin
Apr 08, 2024
As long-term care providers navigate post-pandemic workforce challenges, they also need to improve the onboarding process, according to the results of a new survey by Viventium
Long-term care wages up 1.1 percent in second quarter, 5.5 percent year over year
By
Kathleen Steele Gaivin
Aug 01, 2023
Nursing and residential care wages increased 1.1% in the second quarter, the Bureau of Labor Statistics reported Friday.
Third-quarter earnings snapshot: CareTrust REIT, Invesque, National Health Investors
By
Kathleen Steele Gaivin
Nov 10, 2022
CareTrust REIT, Invesque and National Health Investors held earnings calls Wednesday. Here’s a snapshot.
Brookdale Senior Living’s third quarter move-ins up 7 percent
By
Kathleen Steele Gaivin
Oct 12, 2022
Brentwood, TN-based Brookdale Senior Living saw a 7% increase in move-ins in the third quarter of this year compared with the same quarter in 2021, the company reported Monday. Brookdale said September...