Bipartisan bill would ease long-term care workforce shortage, advocates say, but ‘there’s more to...
By
Kathleen Steele Gaivin
Oct 04, 2024
Legislation introduced last week by Reps. James Comer (R-KY) and Morgan McGarvey (D-NY) aims to boost the nation’s shortage of nurses, nurse aides and other healthcare professionals.
Lack of employee recruitment, retention investment leads to $1 million to $2 million spend on turnover:...
By
Kimberly Bonvissuto
Oct 03, 2024
With turnover costing senior living organizations more than $1 million annually, investing in professional development is “crucial” for nurturing talent and fostering a culture of engagement and well-being,...
‘Alarming’ legal opinion could be ‘detrimental’ to senior living project financing, leaders say
By
Kimberly Bonvissuto
Aug 16, 2024
An “alarming” legal opinion affecting a federal loan program popular with senior living and care organizations could have a “detrimental” effect on maintaining senior living communities and other...
Staff development helps combat high cost of turnover
By
Kimberly Bonvissuto
Jul 30, 2024
Although workforce challenges in senior living abound — including the high cost of turnover — there are “bright spots illuminating a path forward,” according to the findings of a new workforce...
New bill targeting private equity, REIT transparency muddies waters for assisted living
By
Kimberly Bonvissuto
Jul 29, 2024
An updated version of a bill targeting transparency for private equity firms has removed assisted living from the mix of covered entities, but a tax code definition covering real estate investment trusts...
Senior living operators navigate complex landscape of challenges, opportunities
By
Kimberly Bonvissuto
Jul 08, 2024
The senior living industry is at an “inflection point” as it navigates a changing landscape that holds the possibility of significant transformation due to shifting demographics, evolving consumer...