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...
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...
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.
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.
Genworth launches first LTC insurance plan in 5 years as Washington state residents consider ‘crazy’...
By
Kathleen Steele Gaivin
Jul 12, 2024
The one-year anniversary of the effective date of Washington’s first-in-the nation mandatory, tax-based long-term care insurance program passed on July 1, but voters will have the opportunity to...
Invesque prioritizes pruning real estate portfolio
By
Kathleen Steele Gaivin
Feb 23, 2024
Invesque has spent 2024 pruning its real estate portfolio, “cleaning up” the balance sheet and making “certain personnel cutbacks.”
‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
SNFs face ‘increased and increasingly hostile’ government scrutiny, attorneys say
By
Kathleen Steele Gaivin
Jun 06, 2024
The increased scrutiny facing nursing home providers since the COVID-19 pandemic includes “overall increased and increasingly sort of hostile approach by surveyors in the quality-of-care area,” according...
Senior living performance surpasses expectations, Welltower CEO says
By
Kathleen Steele Gaivin
May 01, 2024
Toledo, OH-based real estate investment trust Welltower experienced a strong start in the first quarter, with a 19% year-over-year increase in funds from operations across the board, CEO Shank Mitra said...
Review corporate gift, entertainment acceptance policies as holidays approach, experts advise
By
Kathleen Steele Gaivin
Nov 21, 2023
It’s the time of year that vendors try to spread holiday cheer, often in the form of gifts and entertainment. That means it’s also time to review corporate policies before accepting even the smallest...