Home care spending outpaces nursing home spending ‘by far’
By
Kathleen Steele Gaivin
Jul 19, 2024
Spending on healthcare goods and services grew by 8.3% between May 2023 and May 2024, according to the latest monthly Health Sector Economics brief from Altarum, released Thursday.
Commercial insurance market in ‘state of flux’ for senior housing and care
By
Kathleen Steele Gaivin
Jul 22, 2024
The commercial insurance market for long-term care operators “is in a state of flux, influenced by both lingering effects of the pandemic and broader economic factors,” Janice Loper, vice president...
Artificial intelligence to play expanded role in hiring: report
By
Kathleen Steele Gaivin
Jul 25, 2024
As employers strive to fill positions in a competitive market, artificial intelligence may play an expanded role in the hiring process, according to Paycor’s recently published HR in 2025: Insights &...
Senior living and care sees record-level transactions in first half of 2024
By
Kathleen Steele Gaivin
Jul 25, 2024
The senior living and care sector has seen a record number of transactions in the first half of this year among organizations looking to merge, “as well as scenarios where a disposition/sale may be the...
Bill aims to override Supreme Court decision on Chevron deference
By
Kathleen Steele Gaivin
Jul 24, 2024
Legislation introduced Tuesday in the Senate would override the Supreme Court’s recent decision in Loper Bright Enterprises v. Raimondo to overturn the so-called Chevron doctrine, which held that...
Business briefs, July 24
By
Kathleen Steele Gaivin
Jul 24, 2024
No prison for nursing home owner who botched Hurricane Ida evacuation, leading to 7 resident deaths … 3 MA SNFs placed in receivership …VNA community in Somerville, MA, receives affordable housing...
Actions & Transactions, July 25
By
Kathleen Steele Gaivin
Jul 25, 2024
Lument closes $38.8M Freddie Mac refinance for CA senior living communities … ESI arranges sale of Beacon Ridge SNF in PA … Omega Healthcare Investors declares quarterly dividend … Linus Health acquires...
Christian Horizon files for bankruptcy under Chapter 11, will continue operations during restructuring
By
Kathleen Steele Gaivin
Jul 17, 2024
Joining a growing number of struggling senior living and care providers, Midwest Christian Villages, doing business as Christian Horizons, on Tuesday filed for reorganization under Chapter 11 bankruptcy.
Generation after Baby Boom especially concerned about financial stability in retirement, study finds
By
Kathleen Steele Gaivin
Jul 18, 2024
Fifty-one percent of pre-retirees aged 50 or more years, as well as some retired Americans, are considering delaying or coming out of retirement, according to the results of a new survey from F&G Annuities...
NURSE Visa act would allow qualified nurses into US to alleviate shortages
By
Kathleen Steele Gaivin
Jul 24, 2024
The National Urgent Recruitment for Skilled Employees, or NURSE, Visa Act, introduced Monday, aims to allow some foreign nurses to work in the United States amid a labor shortage