The Ensign Group is “eager to continue to drive improvements in our existing portfolio and to take advantage of the acquisition opportunities that we see on the horizon,” the San Juan Capistrano,...
Brookdale Senior Living refinances $220 million in debt
By
Kathleen Steele Gaivin
Oct 18, 2022
Brookdale Senior Living announced Monday that the company has substantially reduced all 2023 debt maturities with $220 million in refinancing.
Support growing for bill that would limit noncompete agreements, lawmakers say
By
Kathleen Steele Gaivin
Feb 13, 2023
A bipartisan group of lawmakers says that support is growing for a bill reintroduced in both the Senate and the House of Representatives earlier this month that seeks to limit the use of noncompete agreements....
Overtime rule sometimes applies to ‘highly paid’ workers, Supreme Court rules
By
Kathleen Steele Gaivin
Feb 24, 2023
The Supreme Court ruled Wednesday that, under certain circumstances, “highly paid” employees can be eligible for overtime pay if they are paid daily rather than on a salaried basis.
Masonicare, United Methodist Homes plan merger
By
Kathleen Steele Gaivin
May 17, 2024
Connecticut providers Masonicare and United Methodists Homes plan to merge in a deal expected to close early next year.
Supreme Court agrees to hear case determining employer burden of proof regarding overtime pay
By
Kathleen Steele Gaivin
Jun 18, 2024
The Supreme Court said Monday that it will hear a case to determine where the burden of proof lies for an employer claiming to be exempt from paying overtime pay to employees who work more than 40 hours...
Healthcare Trust to internalize management, rebrand as National Healthcare Properties
By
Kathleen Steele Gaivin
Jul 02, 2024
Healthcare Trust Inc. plans to rebrand as National Healthcare Properties as it transitions to self-management and internalizes its management functions, the New York-based real estate investment trust...
Brookdale Senior Living says preliminary financial data ‘favorable’ in first quarter
By
Kathleen Steele Gaivin
Apr 12, 2023
Brookdale Senior Living’s preliminary financial results for the first quarter are “favorable,” the Brentwood, TN-based says
‘Joint employer’ rule could inhibit ESG initiatives, group cautions
By
Kathleen Steele Gaivin
Dec 12, 2022
The unintended consequence of the National Labor Relations Board’s proposed “joint employer” rule could be a stifling of environmental, social and governance initiatives among corporations....
Companies should expect higher healthcare costs, insurers say
By
Kathleen Steele Gaivin
Jan 05, 2024
US healthcare costs are expected to increase for employers this year, according to recent reports from insurers.