Labor management, rate increases help drive 6th consecutive quarter of growth for Sonida
By
Kimberly Bonvissuto
Nov 15, 2022
The senior living operating environment continues to be challenged, but Sonida Senior Living executives attribute the company’s sixth consecutive quarter of occupancy and revenue growth to an increased...
Proposed federal regulation aims to help workers keep track of retirement savings when they switch jobs
By
Kathleen Steele Gaivin
Jan 22, 2024
A new regulation proposed last week by the Department of Labor’s Employee Benefits Security Administration aims to help workers keep track of their retirement savings accounts better and improve their...
Take the points
By
John O'Connor
Oct 12, 2023
Several pieces of news provide reasons to feel optimistic about the near future of senior living.
Proposed overtime rule is ‘bad policy’ that senior living providers cannot absorb, groups say
By
Kimberly Bonvissuto
Nov 09, 2023
A new overtime rule proposed by the federal government would worsen workforce issues for senior living providers and create unintended consequences for workers and residents, according to industry advocacy...
Paid time off is fringe benefit unrelated to salary, court rules
By
Kathleen Steele Gaivin
Apr 07, 2023
An employer was victorious when an appellate court recently ruled that paid time off is a fringe benefit that is not related to salary.
Employee handbook language makes senior living provider’s arbitration policy ‘unenforceable,’ court...
By
Kimberly Bonvissuto
Jul 31, 2023
A senior living provider’s employee arbitration agreement is “unenforceable” because the company reserved the right to unilaterally alter the policy without advance notice, a court has ruled.
75 percent of Invesque properties now senior living, CEO says
By
Kathleen Steele Gaivin
Mar 17, 2023
Seventy-five percent of Invesque’s properties as of the end of 2022 are senior living communities — independent living, assisted living and memory care, Chairman and CEO Scott White said Thursday during...
People in the news, April 23
Apr 23, 2024
Appointments, promotions and other news at Aviva Senior Living, Benchmark Senior Living, Bridge Senior Living, Caring, Covenant Living Communities and Services, Juniper Communities, The Kendal Corporation,...
Federal final rule drops bring cries of ‘flawed,’ ‘aggressive,’ ‘dramatic’ from senior living...
By
Kimberly Bonvissuto
Apr 25, 2024
Late April brought a shower of regulatory changes as the federal government dropped four major final rules this week that the senior living and care industry is calling “flawed,” “aggressive” and...
Governor vetoes legislation to ban noncompete agreements
By
Kathleen Steele Gaivin
Jan 02, 2024
New York Gov. Kathy Hochul (D) has vetoed a bill that would have banned most noncompete agreements in the state.