Single-site senior living CEOs, CFOs ‘in the weeds’ more but earn less than multi-site counterparts
By
Kimberly Bonvissuto
May 03, 2022
Leaders at single-site, not-for-profit senior living organizations tend to have their “finger on the pulse” of their communities and find themselves “in the weeds” more than their multi-site counterparts,...
Federal noncompete clause rule should take tailored approach, address separation agreements, senior living...
By
Kimberly Bonvissuto
Apr 24, 2023
A one-size-fits-all approach shouldn’t be the goal for a proposed noncompete clause rule by the US Federal Trade Commission, according to senior living industry advocates.
Overtime rule elicits generally positive responses from provider groups, but concerns remain
By
Lois A. Bowers
Sep 25, 2019
The final overtime rule issued Tuesday by the Department of Labor garnered favorable comments from many industry groups representing senior living organizations and other long-term care providers, although...
Senior living groups oppose proposed overtime rule
By
Lois A. Bowers
Sep 08, 2015
Several organizations representing senior living providers have told the U.S. Department of Labor that they oppose a proposed rule that would extend Fair Labor Standards Act overtime protections to almost...
Proposed $35,000 threshold for overtime pay ‘reasonable,’ provider groups say, but concerns remain
By
Lois A. Bowers
Jun 03, 2019
Industry groups representing senior living organizations say they generally support the federal government’s proposed salary threshold of $35,308 under which executive, administrative, professional and...
Tragedy prompts senior living company to develop mental health awareness in staff
By
Kimberly Bonvissuto
Nov 15, 2023
Shortly after acquiring a Florida senior living campus, LifeStar Living was faced with the death of a resident by suicide. Looking back, a company executive said, the tragedy was a catalyst for the firm...
Proposed overtime rule is ‘bad policy’ that senior living providers cannot absorb, groups say
By
Kimberly Bonvissuto
Nov 09, 2023
A new overtime rule proposed by the federal government would worsen workforce issues for senior living providers and create unintended consequences for workers and residents, according to industry advocacy...
Caregiver pay in the balance as advocacy groups size up proposed spending requirements
By
Lois A. Bowers
Jul 17, 2023
As assisted living provider advocacy groups try to influence federal home- and community-based services-related policy, their comments are joined by thousands of others, some in agreement with industry...
Overall turnover in assisted living down
By
Lois A. Bowers
Jan 26, 2018
Overall turnover in assisted living is down from last year, but it is up for some positions compared with last year, according to the 20th annual “Assisted Living Salary & Benefits Report,”...
Lingering pandemic-related costs slow operating margin growth: NIC
By
Kimberly Bonvissuto
Mar 11, 2022
As occupancy recovery in senior living continues and the pandemic eases, increasing operating expenses may limit the growth of operating margins in the next six months, according to the National Investment...