Senators debate whether Social Security funding increase is needed
By
Kathleen Steele Gaivin
Mar 21, 2024
Whether increased Social Security funding is needed was the focus of discussion at a Wednesday hearing of the Senate Special Committee on Aging.
Pay disparities by gender, race still prevalent: EEOC
By
Kathleen Steele Gaivin
Mar 14, 2024
Men still tend to make more money than women across all racial and ethnic groups, according to US Equal Employment Opportunity Commission data released this week.
Post-COVID changes in design and operations likely to affect profitability and returns for some time:...
By
Amy Novotney
Mar 23, 2021
Even as census rate declines within senior living communities begin to slow as a result of vaccine rollouts and COVID-19 case declines within the sector, some experts say headwinds are expected to continue...
Nursing, residential care facilities see drop in employer-reported illnesses year over year
By
Kathleen Steele Gaivin
Nov 15, 2022
Nursing and residential care facilities saw a year-over-year decrease in employer-related workplace illnesses, from 7.9 cases per 100 full-time equivalent employees in 2020 to four cases per 100 FTE employees...
Supreme Court arbitration ruling ‘good news’ for senior living and care providers
By
Kathleen Steele Gaivin
Jun 26, 2023
The Supreme Court’s Friday decision in an arbitration-related case is “good news” for senior living and care providers, attorneys tell McKnight’s Business Daily.
Welltower invests $850 million in third quarter
By
Kathleen Steele Gaivin
Oct 05, 2022
Toledo, OH-based Welltower invested almost $850 million in the third quarter and has announced or completed the deployment of approximately $8.6 billion in capital since October 2020, the real estate investment...
145,000 jobs added in March while pay gains fall
By
Kathleen Steele Gaivin
Apr 06, 2023
Private-sector employment added 145,000 jobs in March, and annual pay growth decelerated to 6.9% year-over-year, according to the March ADP National Employment Report produced by the ADP Research Institute...
New federal law prohibits companies from requiring arbitration for sexual harassment, assault cases
By
Kathleen Steele Gaivin
Mar 07, 2022
Companies no longer will be able to require arbitration to settle claims of sexual harassment and sexual assault, under a new law signed by President Biden Thursday.
Nursing home, home health spending up year over year
By
Kathleen Steele Gaivin
Sep 27, 2023
“July’s growth in health spending on nursing home care and home healthcare remained faster than the broader health spending trends,” Corwin (Corey) Rhyan, research director of health economics and...
Long-term care mergers and acquisitions increase year over year
By
Kathleen Steele Gaivin
Apr 11, 2024
Mergers and acquisitions involving senior living communities and skilled nursing facilities increased by 34% year over year in the first quarter, according to data from LevinPro LTC.