Powell hints that lower interest rates may be on the horizon
By
Kathleen Steele Gaivin
Jul 11, 2024
Interest rates may start to go down soon, Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Tuesday during the Semiannual Monetary Policy Report to the Congress.
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.
Omega Healthcare Investors has ‘headroom’ to withstand LaVie’s bankruptcy: Fitch Ratings
By
Kathleen Steele Gaivin
Jun 12, 2024
Omega Healthcare Investors’ credit rating has enough of a cushion to weather the recent bankruptcy of tenant LaVie Care Centers, Fitch Ratings said Tuesday.
‘Joint employer’ rule effective date extended by NLRB
By
Lois A. Bowers
Nov 17, 2023
The National Labor Relations Board has extended the effective date of its “joint employer” rule to Feb. 26, two months later than the original effective date.
‘Joint employer’ rule vacated by judge; business group cheers, NLRB considers next steps
By
Lois A. Bowers
Mar 11, 2024
The US Chamber of Commerce is celebrating, and the National Labor Relations Board is “considering next steps,” after a federal judge on Friday evening vacated the NLRB’s “joint employer” rule...
Diversified Healthcare Trust, Office Properties Income Trust call off merger
By
Lois A. Bowers
Sep 01, 2023
Diversified Healthcare Trust and Office Properties Income Trust have called off their planned merger, the companies announced late Friday.
‘Joint employer’ rule effective date now March 11
By
Lois A. Bowers
Feb 26, 2024
The National Labor Relations Board’s “joint employer” rule now is set to go into effect on March 11 after a federal judge granted a stay last week.
Assisted living? No thank you, investors and developers say
By
Lois A. Bowers
Feb 27, 2024
Assisted living communities saw the largest decrease in interest from 2023 to 2024 of all property types included in the 2024 CBRE US Healthcare Capital Markets’ Investor & Developer Survey.
63-SNF Regency becomes new nonprofit, Wellsential Health
By
Lois A. Bowers
Oct 10, 2023
The Victoria, TX-based organization now known as Wellsential Health now is the largest family of nonprofit SNFs in Texas, according to the company.
DOJ: Healthcare competition warrants ‘scrutiny and discussion’
By
Kathleen Steele Gaivin
Nov 02, 2023
The Department of Justice is keeping an eye on potentially anti-competitive deals in the healthcare industry.