Brookdale Senior Living, CareTrust REIT and Ventas presented their first-quarter earnings reports to investors on Friday.
C-suite retirements turn up the pressure on senior living organizations
By
Kathleen Steele Gaivin
May 11, 2021
Before the pandemic hit, and even more so with the pressures of the past year, the senior living sector has experienced a high volume of top-tier executive retirements, according to an analysis by specialty...
Kisco Senior Living rolls out enhanced benefits for full-time employees
By
Kathleen Steele Gaivin
Feb 24, 2022
Carlsbad, CA-based Kisco Senior Living rolled out additional benefits for its full-time employees Jan. 2.
EmpowerMe Wellness raises $100M over the past 12 months
By
Kathleen Steele Gaivin
Jan 20, 2022
St. Louis-based EmpowerMe Wellness, an integrated healthcare provider to senior living communities, has received a $100 million cash infusion over the past 12 months. A recent investment has come from...
Age rarely used as DEI marker, studies find
By
Kathleen Steele Gaivin
Sep 09, 2022
As companies strive to hire a diverse mix of employees based on gender, racial background and culture, one marker is starkly missing in most diversity, inclusion and equity statements, according to research...
New proposed ‘joint employer’ definition coming in July, NLRB says
By
Kathleen Steele Gaivin
Jun 24, 2022
Changing the definition of joint employer status under the National Labor Relations Act is high on the National Labor Relations Board’s to-do list, according to a list of spring rulemaking priorities...
Nursing home staff turnover up 25 percent from last year: survey
By
Kathleen Steele Gaivin
Aug 01, 2022
The national nursing home staff turnover rate for all employees is up 25% from last year. That’s according to findings included in the 45th annual Nursing Home Salary & Benefits Report released Thursday...
COVID-19 bill may protect senior living community from liability in resident’s death
By
Kathleen Steele Gaivin
Jul 16, 2021
A provision included in a COVID-19 relief bill passed by the North Carolina General Assembly last year might provide a Charlotte assisted living and memory care community and its parent company immunity...
Long-term care staffing agency to pay $7.2 million in back wages, damages after federal court ruling
By
Kathleen Steele Gaivin
Jan 31, 2022
Virginia staffing agency that serves long-term care providers will pay more than $7.2 million in back wages and damages after intentionally violating federal laws and denying 1,105 certified nursing aides,...
Average senior housing and care capitalization rate falls below pre-pandemic average: CBRE
By
Kathleen Steele Gaivin
Apr 08, 2022
The average senior housing capitalization rate fell by 13 basis points year-over-year and is now below the first half of fiscal year 2020 pre-pandemic average. That’s according to the 11th edition of...