What the inflation rate increase to 8.5 percent means to senior living
By
Kathleen Steele Gaivin
Apr 14, 2022
The inflation rate is higher than it’s been in almost 40 years, and the consumer price index increased 1.2% in March on a seasonally adjusted basis after rising 0.8% in February, the Bureau of Labor...
Building a thriving care workforce means addressing burnout: Surgeon General advisory
By
Kathleen Steele Gaivin
May 24, 2022
“Confronting the long-standing drivers of burnout among our health workers must be a top national priority,” Surgeon General Vivek H. Murthy, M.D., M.B.A. said in an advisory published Monday.
Pandemic means 41,000 fewer senior housing units could be needed: analysis
By
Kathleen Steele Gaivin
May 18, 2021
COVID-19 deaths have curtailed short-term supply needs for senior housing. The projected senior housing units needed to serve those 85 or older in 2021 are less than pre-pandemic estimates by as many as...
Appeals Court deadlines mean decision on OSHA mandate unlikely before Dec. 10
By
Kathleen Steele Gaivin
Nov 30, 2021
It’s unlikely that the 6th Circuit Court of Appeals will lift a stay on the Occupational Health and Safety Administration’s COVID-19 vaccine and testing mandate before Dec. 10, given deadlines set...
‘Rough couple of months ahead’: Increasing COVID-19 litigation could mean trouble for employers
By
Kathleen Steele Gaivin
Sep 10, 2021
An increase in litigation this summer could foreshadow a rough few months ahead for employers, especially in the healthcare sector, according to a report from employment and labor law firm Fisher Phillips.
Number of large-scale CCRCs with 500 more units on one campus ‘inches up’: Ziegler
By
Kathleen Steele Gaivin
Apr 19, 2022
pproximately 10% of the nation’s life plan communities, or continuing care retirement communities, are considered “large scale,” meaning they have 500 or more units on one campus, according...
Middle class declines, but not necessarily middle-market senior living opportunities
By
Kathleen Steele Gaivin
May 23, 2022
The percentage of middle-income seniors has declined over the past 50 years, according to a new analysis, but those results don’t necessarily mean that there will be fewer middle-market senior housing...
Legislation would require life plan community transparency
By
Kathleen Steele Gaivin
May 18, 2021
Proposed legislation in New Mexico would require life plan community operators to be more upfront with investors about community finances.
Long-term care management company ordered to pay $3 million in back pay to 3,024 workers
By
Kathleen Steele Gaivin
May 25, 2022
A company managing long-term care facilities in four states will pay almost $3 million in back overtime pay to 3,024 workers across 84 locations, the Department of Labor’s Wage and Hour Division announced...
Investors re-evaluate parameters of financial performance post-pandemic: NIC Leadership Huddle
By
Kathleen Steele Gaivin
Jun 17, 2021
Equity and debt partners are looking a little differently at the relationships among revenues, expenses and returns than they did before the pandemic, according to panelists at yesterday’s Leadership...