CCRC’s entrance fee policy confuses resident, leads to lawsuit
By
Kathleen Steele Gaivin
Feb 08, 2023
A Tennessee continuing care retirement community is attracting some unwanted attention over an entrance fee policy that is not unheard of in the industry. The case highlights the importance of using clear...
Most think caregivers have ‘no promising way to develop or ascend’ career ladder, survey finds
By
Kathleen Steele Gaivin
Apr 26, 2023
Most Americans do not view a caregiving career as a path to personal fulfillment, according to a report from the nonprofit think tank FrameWorks Institute.
Proposed federal regulation aims to help workers keep track of retirement savings when they switch jobs
By
Kathleen Steele Gaivin
Jan 22, 2024
A new regulation proposed last week by the Department of Labor’s Employee Benefits Security Administration aims to help workers keep track of their retirement savings accounts better and improve their...
Unfair labor practices charge filings, union petitions up from last year
By
Kathleen Steele Gaivin
Apr 11, 2023
Unfair labor practice charges and union representation petitions are on the rise, according to the National Labor Relations Board.
NIC: Loan delinquencies still above pre-COVID levels but trend down
By
Kathleen Steele Gaivin
Nov 11, 2022
The number of delinquent loans in the long-term care industry edged down in the second quarter, but delinquencies remain above pre-COVID levels, according to a report released Wednesday by the National...
Loan activity at record low for senior living: NIC
By
Kathleen Steele Gaivin
Aug 11, 2023
The issuance of new permanent debt reached a time series low for senior living — and a near record low for skilled nursing — in the first quarter based on the six years since the National Investment...
Say ‘Hello’ to Erickson’s national recruitment campaign
By
Kathleen Steele Gaivin
Nov 08, 2022
Baltimore-based Erickson Senior Living’s new national recruitment campaign is called Hello.
Senior housing and care lending relatively weak in second quarter: NIC
By
Kathleen Steele Gaivin
Nov 10, 2023
Senior living and care-related lending was relatively weak in the second quarter, likely due to yet another 0.25 percentage point rate increase from the Federal Reserve and significant disruptions among...
Proposed legislation would restore worker tax cuts, support unionization efforts
By
Kathleen Steele Gaivin
Mar 13, 2023
Democrat senators introduced two bills Thursday that they claim will make the tax code fairer for workers. The bills aim to ease workers’ tax burden and crack down on corporate anti-union practices
Senior living occupancy on track for gain for 5th consecutive quarter
By
Kathleen Steele Gaivin
Sep 12, 2022
Senior living stabilized occupancy is on track for a gain for the fifth consecutive quarter, according to the National Investment Center for Seniors Housing & Care intra-quarterly snapshot released last...