Senior housing investment takes a ‘modest step back’
By
Kathleen Steele Gaivin
Jul 26, 2022
The economic recovery embraced by senior housing investors a year ago is still happening, but it has taken a “modest step back” in the face of increasing costs, inflation and interest rate hikes, Beth...
EEOC changes guidance on when employers can require COVID-19 testing of workers
By
Kathleen Steele Gaivin
Jul 25, 2022
The Equal Employment Opportunity Commission has updated its guidance on when employers can require COVID-19 testing with respect to people with disabilities. The Americans with Disabilities Act restricts...
Provider, policy action can stabilize staffing levels during infectious disease outbreaks, researchers...
By
Kathleen Steele Gaivin
Jul 25, 2022
Provider and policy action are needed to counter the effects of staff absences and departures, particularly during infectious disease outbreaks such as COVID-19, that may put nursing home residents at...
Hiring from within key to reducing turnover in long-term care: survey
By
Kathleen Steele Gaivin
Jul 22, 2022
Skilled nursing facilities that hire from within their organizations had 22% less turnover in the past year than those that hire from outside their organizations, on average, according to the results of...
Senior living investors anticipate rising cap rates over next year, survey shows
By
Kathleen Steele Gaivin
Jul 20, 2022
More than 71% of investors expect rising interest rates and other pressures to push capitalization rates up over the next 12 months. That’s according to respondents in the ninth annual Wealth Management...
Minimum staffing levels would cost nursing homes $10 billion a year: report
By
Kathleen Steele Gaivin
Jul 20, 2022
The federal government’s proposed minimum staffing requirements for nursing homes could cost the industry $10 billion a year because tens of thousands of additional caregivers would need to be hired,...
AHCA calls for action as 60 percent of SNFs limit new admissions
By
Kathleen Steele Gaivin
Jul 18, 2022
Six out of 10 nursing homes are refraining from admitting new residents due to historic staffing shortages, according to a survey by the American Health Care Association. This reality presents a problem...
Nursing, residential care jobs up 8,000 in June — ‘a positive sign’ but still below pre-pandemic...
By
Kathleen Steele Gaivin
Jul 11, 2022
Employment in nursing and residential care facilities increased by 8,000 jobs in June, according to a information published Friday by the Bureau of Labor Statistics. The data represent statistics from...
Assisted living recovering more quickly than independent living: NIC
By
Kathleen Steele Gaivin
Jul 08, 2022
Senior living (independent living and assisted living combined) occupancy in the second quarter increased for the fourth quarter in a row, and assisted living is best poised for recovery within the sector,...
Long-term care eligible for cut of $2M in workforce development grants
By
Kathleen Steele Gaivin
Jul 08, 2022
Wisconsin’s senior living and care operators are eligible to receive their share of the state’s $2 million grants from the Department of Workforce Development.