SCOTUS places ‘tombstone’ on Chevron doctrine, upending operation of federal agencies
By
Kimberly Bonvissuto
Jul 01, 2024
A Supreme Court decision handed down Friday morning could transform the way federal agencies operate, providing the basis for senior living operators and other companies to challenge agency decisions.
Spending on nursing homes, home care slows year over year
By
Kathleen Steele Gaivin
Jun 27, 2024
Between May 2023 and May 2024, overall healthcare costs grew by 3.4%, the fastest increase seen since December 2007, according to Altarum’s monthly Health Sector Economic Indicators brief, released Wednesday.
HUD awards millions in ‘green’ funding to 17 affordable senior housing communities
By
Kathleen Steele Gaivin
Jun 26, 2024
Seventeen affordable seniors housing properties will receive funding ranging from $2.4 million to $20 million, the Department of Housing and Urban Development announced Tuesday as it makes available a...
IRS plans to deny billions of dollars in ‘clearly improper’ employee retention credit claims
By
Kathleen Steele Gaivin
Jun 25, 2024
The IRS said it plans to deny tens of thousands of improper, high-risk employee retention credit claims from employers, totaling billions of dollars, after a review found “a large number of improper...
Supreme Court ruling a victory for employers not supportive of worker unionization efforts
By
Lois A. Bowers
Jun 14, 2024
A Supreme Court ruling on Thursday marked a victory for petitioner Starbucks, and it also was a victory for employers that don’t support worker efforts to unionize.
Data breach business disruption mitigated by 2 steps: report
By
Lois A. Bowers
Jun 14, 2024
Proactive leadership and strategic planning will help mitigate the business disruption caused by the “Pandora’s box” of data breaches facing healthcare companies, according to a new white paper from...
Business briefs for June 14
By
Lois A. Bowers
Jun 14, 2024
Epoch achieves systemwide Purple Flag for Dementia Care accreditation … Healthpeak Properties publishes 13th annual corporate impact report … NPHI releases guide to help caregivers spot abuse … Fitch...
Actions & Transactions, June 14
By
Lois A. Bowers
Jun 14, 2024
Lument closes $9 million in financing for Idaho portfolio … National Church Residences receives two 9% Low-Income Housing Tax Credit Awards … Lutheran Village at Miller’s Grant breaks ground on expansion
‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
US healthcare spending for NFs and CCRCs to reach $337.4 billion by 2032, CMS says
By
Lois A. Bowers
Jun 13, 2024
National health expenditures for nursing facilities and continuing care retirement communities are expected to reach $337.4 billion by 2032, according to new estimates released Wednesday by the Office...