Discovery Senior Living launches new management company
By
Kathleen Steele Gaivin
Apr 17, 2024
Bonita Springs, FL-based Discovery Senior Living has launched Discovery Management Group, or DMG, an internal restructuring that integrates existing and newly transitioned nationally branded communities...
Business briefs, April 17
By
Kathleen Steele Gaivin
Apr 17, 2024
Bill promises ‘generational investment’ to support LTC workforce … Medicaid Access Rule a step closer to being finalized … Proposed information collection tool mean to help people recover ‘lost’...
Actions & Transactions, April 17
By
Kathleen Steele Gaivin
Apr 17, 2024
$37.8M construction underway for Vive Bene active adult community in St. Louis … Fortbright Bank arranges financing for 2 Midwest assisted living communities, 2 Southeast SNFs … MorningStar Senior...
SNFs, CCRCs ‘off the pace’ for recruiting, retaining workers: Fitch
By
Kathleen Steele Gaivin
Apr 16, 2024
Skilled nursing facilities and continuing care retirement / life plan communities “are still well off the pace needed to reach a full post-pandemic recovery” in terms of their workforces, according...
68 percent of pre-retirees say they will not be able to retire as planned at 65: survey
By
Kathleen Steele Gaivin
Apr 16, 2024
Sixty-eight percent of workers aged 55 to 65 years participating in a new survey said they are facing the reality that retiring fully or comfortably at 65 is more or less a pipe dream, with 41% planning...
EEOC finalizes rule about employer accommodations for pregnant workers
By
Kathleen Steele Gaivin
Apr 16, 2024
The Equal Employment Opportunity Commission on Monday published a final rule outlining employers’ responsibilities for providing reasonable accommodations for a worker’s known limitations related to...
Business briefs, April 16
By
Kathleen Steele Gaivin
Apr 16, 2024
US News Best Senior Living program grows to recognize 1,703 communities in third year … CareTrust REIT awarded ISS ESG ‘prime’ status for 2024 … Woodlands Senior Living earns assisted living...
Actions & Transactions, April 16
By
Kathleen Steele Gaivin
Apr 16, 2024
Unisen Senior Living community in Tampa, FL, files for bankruptcy again … Heritage of Marietta in Marietta, GA, headed for auction … Bascom Group acquires independent living community in Boulder City,...
2024 to be year of ‘extraordinary growth’ for Wellower, CEO says
By
Kathleen Steele Gaivin
Apr 15, 2024
2024 will be a year of “extraordinary growth” for Welltower, CEO Shankh Mitra predicted Friday in an annual report to investors.
Senate committee ponders child care challenges with eye toward helping employers, workers
By
Kathleen Steele Gaivin
Apr 15, 2024
As long-term care employers continue to face challenges in recruiting and retaining workers and some employees and potential employees struggle to navigate child care arrangements that make it possible...