Several HR-related legal challenges face senior living employers
By
Kimberly Bonvissuto
May 03, 2024
Human resources issues in senior living aren’t limited to paying competitive wages to recruit and retain employees; an organization’s leaders may need to reassess their management strategies to navigate...
CMS’ spending requirement in HCBS rule ‘not the right approach,’ senior living advocates say
By
Lois A. Bowers
Jul 06, 2023
A proposal that the Centers for Medicare & Medicaid Services says is meant to “support and stabilize the direct care workforce” in home- and community-based settings, if it becomes final, ultimately...
NLRB rescinds some election rule provisions, delays implementation of others
By
Kathleen Steele Gaivin
Mar 15, 2023
The National Labor Relations Board has rescinded portions of a 2019 final rule related to union elections and delayed implementation of other provisions. The action complies with a recent decision of the...
DHC regains compliance with Nasdaq minimum bid price continued listing standard
By
Kathleen Steele Gaivin
Mar 22, 2023
After receiving warning from the Nasdaq stock market in January, Newton, MA-based Diversified Healthcare Trust has boosted its stock price above $1 per share and no longer faces delisting.
With less-than-expected rent payments, Omega Healthcare Investors faces lower FAD in Q4
By
Kathleen Steele Gaivin
Dec 05, 2023
Two restructured operators of Omega Healthcare Investors paid less contractual rent than owed in November, the Hunt Valley, MD-based real estate investment trust said Monday in an online investor presentation.
Empowering ‘deeply undervalued’ caregivers would improve ‘lifeline for older adults’
By
Kimberly Bonvissuto
Jun 28, 2024
Direct care workers and family caregivers remain “deeply undervalued” and often overlooked despite calls for investment in the care economy, according to the authors of a new report.
More news for Wednesday, April 5
By
Kimberly Bonvissuto
Apr 05, 2023
House introduces veterans’ long-term care assisted living access bill … CMS finds assisted living residency agreements fail to meet HCBS requirements … Brightview only senior living company on ‘Best...
Sonida experiences ‘pivotal’ second quarter in continuing effort to rebuild
By
Kimberly Bonvissuto
Aug 15, 2023
In a “pivotal” second quarter, Dallas-based Sonida Senior Living saw occupancy “surpass industry averages” from early 2023, an aggressive resident rate push and expenses moderate against a backdrop...
2 more operators announce affiliation plans
By
Kathleen Steele Gaivin
Sep 07, 2023
In a year marked by record merger and acquisition activity in senior housing and care, two more providers have announced affiliations with other companies.
20 months in a row of occupancy growth reported by Brookdale Senior Living
By
Kimberly Bonvissuto
Jul 13, 2023
A 160-basis-point increase in weighted average occupancy for June means Brookdale Senior Living has seen 20 consecutive months of year-over-year occupancy growth.