Senior living industry celebrates decision overruling FTC’s noncompete ban
By
Kimberly Bonvissuto
Aug 22, 2024
A federal judge’s decision to strike down the Federal Trade Commission’s ban on employment noncompete agreements is being celebrated by the senior living industry, among other business and employer...
National Healthcare Corp., Brookdale report second-quarter results
By
Kathleen Steele Gaivin
Aug 12, 2024
Brookdale Senior Living held a second-quarter earnings call Friday morning, and National Healthcare Corp. reported second-quarter financials electronically.
Senior living will ‘benefit greatly’ from ‘largest federal investment’ of $244 million in apprenticeships,...
By
Kathleen Steele Gaivin
Jul 15, 2024
The White House has announced the awarding of $244 million in grants aimed at bolstering registered apprenticeship programs across the country.
Home care spending outpaces nursing home spending ‘by far’
By
Kathleen Steele Gaivin
Jul 19, 2024
Spending on healthcare goods and services grew by 8.3% between May 2023 and May 2024, according to the latest monthly Health Sector Economics brief from Altarum, released Thursday.
Welltower upsizes pricing of $900 million of exchangeable senior notes
By
Kathleen Steele Gaivin
Jul 10, 2024
Just a day after announcing a $750 million debt offering, Welltower’s operating company, Welltower OP, upsized the offering to $900 million in 3.125% exchangeable senior notes due in 2029, the Toledo,...
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.
Bill aims to override Supreme Court decision on Chevron deference
By
Kathleen Steele Gaivin
Jul 24, 2024
Legislation introduced Tuesday in the Senate would override the Supreme Court’s recent decision in Loper Bright Enterprises v. Raimondo to overturn the so-called Chevron doctrine, which held that...