14 states will share ways to expand direct care workforce
By
Lois A. Bowers
May 07, 2024
Fourteen states have been selected to participate in a program through which they can share information about proven models for expanding the direct care workforce.
Welltower to develop ‘next generation’ of senior housing via UK joint venture
By
Lois A. Bowers
Feb 17, 2022
A new 50/50 joint venture will enable real estate investment trust Welltower and global investors Reuben Brothers “to generate significant future growth opportunities through the development of the next...
Search to move-in usually takes six months or less: research
By
Lois A. Bowers
Sep 17, 2021
The majority (78.7%) of those searching for a senior living community or skilled nursing facility for themselves or a family member to move into are looking to relocate to a community in six or fewer months,...
Siemens to acquire Brightly Software, formerly Dude Solutions, in $1.6 billion deal
By
Lois A. Bowers
Jun 28, 2022
Cary, NC-based Brightly Software, formerly known as Dude Solutions, will be acquired by Zug, Switzerland-based Siemens Smart Infrastructure in a $1.575 billion deal, plus earn-out, Siemens announced Monday.
Long-term care operator Diversicare to be acquired by DAC Acquisition
By
Lois A. Bowers
Aug 27, 2021
Brentwood, TN-based Diversicare Healthcare Services will be acquired by New York-based retirement assets manager DAC Acquisition, the company announced Friday morning. The transaction is expected to close...
Business briefs, July 22
By
Kathleen Steele Gaivin
Jul 22, 2024
Argentum urges Texas to expedite power restoration for senior living communities following Hurricane Beryl … Appeals court remands Biden ESG case to lower court in light of Supreme Court ruling … Lantern...
U.S. assisted living charges range from $50,892 to $62,976 per year, on average: survey
By
Lois A. Bowers
Apr 03, 2020
Assisted living operators nationwide in 2019 charged average monthly prices from $4,241 for a studio apartment to $5,248 for a two-bedroom unit, but pricing varied greatly based on location, according...
US spends ‘significantly less’ on long-term care than other countries
By
Kathleen Steele Gaivin
Aug 06, 2024
The United States spends “significantly less” on long-term care than other countries despite spending “significantly more” on healthcare overall, according to a brief published Friday by the Peterson-KFF...
Arrow Senior Living plans Joint Commission assisted living accreditation for entire portfolio
By
Kimberly Bonvissuto
Oct 27, 2022
Vitalia North Olmsted has become the second stand-alone assisted living community in the United States — and the first in Ohio — to receive accreditation by The Joint Commission. The announcement comes...
NLRB: Not so fast ending dues checkoff when union contract expires
By
Lois A. Bowers
Oct 04, 2022
Employers may not unilaterally stop deducting union dues from employees’ paychecks after a labor contract expires, the National Labor Relations Board said in a decision issued Monday.