The Supreme Court ruled Thursday, unanimously, that district courts must stay arbitration lawsuits pending the outcome of private dispute resolution proceedings.
Healthcare sees highest Chapter 11 bankruptcy filings in 15 years: report
By
Kathleen Steele Gaivin
May 17, 2024
Chapter 11 bankruptcies in healthcare, including senior living reached a multiyear high in the first quarter of 2024. That’s according to the newest Polsinelli-TrBK Distress Indices Report, published...
Masonicare, United Methodist Homes plan merger
By
Kathleen Steele Gaivin
May 17, 2024
Connecticut providers Masonicare and United Methodists Homes plan to merge in a deal expected to close early next year.
Family caregivers face financial balancing act between work, home responsibilities: survey
By
Kathleen Steele Gaivin
May 17, 2024
Family caregivers face unique challenges, such as balancing work responsibilities with caregiving duties.
Business briefs, May 17
By
Kathleen Steele Gaivin
May 17, 2024
Improving staff experience key to long-term care staff retention efforts … Recruiting, retention strategies shared by McKnight’s Women of Distinction … FDA recalls software on ventilator that ‘may...
Actions & Transactions, May 17
By
Kathleen Steele Gaivin
May 17, 2024
Capital Funding Group closes $36.2M in Bridge-to-HUD refinancing for 5 North Carolina SNFs … Belmont Village, Greystar plan active adult community in Rancho Santa Fe, CA … Blueprint negotiates sale...
‘Great Resignation’ becomes ‘Great Reshuffle’ of American jobs
By
Kathleen Steele Gaivin
May 16, 2024
After a record number of workers left their jobs in the early part of the decade in what was known as the “Great Resignation,” the American workforce has entered a period now dubbed the “Great Reshuffle,”...
Cheating on workforce drug tests on the rise as marijuana use increases: report
By
Kathleen Steele Gaivin
May 16, 2024
More workers are tampering with employer-mandated drug tests than ever before, according to a new report from Quest Diagnosis, published Wednesday.
Vi Living nears completion $300 million redevelopment in Naples, FL
By
Kathleen Steele Gaivin
May 16, 2024
Vi Living on Monday opened the first building in the sixth and final phase of a $300 million redevelopment project at Bentley Village in Naples, FL. The cost for this phase was $92 million.
Business briefs, May 16
By
Kathleen Steele Gaivin
May 16, 2024
CPI rose by 0.3% in April … Commonwealth Senior Living introduces SingFit therapeutic music platform … Fitch Ratings affirms Piper Shores at A-; outlook positive