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.
Trustwell much larger after adding 16 communities to portfolio
By
Kathleen Steele Gaivin
Jun 27, 2023
New York City-based Trustwell Living has added 16 assisted living and memory care communities to its holdings, greatly expanding its five-community portfolio to 21 communities.
Report: Nurse residency programs could help reduce turnover
By
Kathleen Steele Gaivin
Sep 28, 2022
Nurse residency programs, which are popular among nurses, could alleviate turnover among long-term services and support services nurses, according to a research brief from the LeadingAge LTSS Center @UMassBoston.
SNF referral rejection rate at 88 percent due to staffing issues: report
By
Lois A. Bowers
Sep 02, 2022
Referrals from hospitals to skilled nursing facilities are increasing, but by the first quarter of this year, the rate of referral rejection among SNFs had climbed to 88%, primarily due to diminished staff...
Americans’ favorable feelings toward unions hits highest point since 1965
By
Alicia Lasek
Sep 06, 2022
After witnessing a surge in union activity among long-term care workers this summer, operators may not be surprised to learn that Americans’ support of labor unions has hit its highest point since 1965.
‘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...
‘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.
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.
Service-providing jobs increase by 373,000, according to ADP report
By
Lois A. Bowers
Jul 10, 2023
Service-providing jobs increased by 373,000 in June, according to a new report produced by the ADP Research Institute. Annual pay was up 6.4%.