Public policy must address flaws in long-term care financing, experts say
By
Kathleen Steele Gaivin
Jan 11, 2024
Public policy needs to address flaws in Medicaid funding and encourage private planning for long-term care, according to experts speaking Tuesday during a panel discussion hosted by the Paragon Health...
The needs of middle-class Americans over 55 often go unmet: SCEPA
By
Kathleen Steele Gaivin
Dec 06, 2023
Many adults aged 55 and older who have difficulty with daily and instrumental activities aren’t getting the help they need, research associate Jessica Forden of the Schwartz Center for Economic Policy...
Monarch Communities, Welltower launch The Current brand with Weymouth, MA, community
By
Kathleen Steele Gaivin
Nov 17, 2023
Marsh, MD-based Monarch Communities, together with real estate investment trust Welltower, opened a “wellness-focused senior living concept” this week in Weymouth, MA. The Current Weymouth is the first...
ProMedica completes $710 million sale of home health and hospice division to Gentiva
By
Kathleen Steele Gaivin
Nov 07, 2023
Toledo, OH-based ProMedica last week finalized the long-awaited $710 million sale of its national home health and hospice division to Atlanta-based Gentiva Health Services. The deal had been delayed several...
Business briefs, Nov. 1
By
Kathleen Steele Gaivin
Nov 01, 2023
Pay increased 4.6% for 12 months ending in September: BLS … Winning bidder identified for large nonprofit CCRC in $115M bankruptcy deal … 2022 EEO-1 Component 1 data collection due Dec. 5 … Report...
National initiative aims to strengthen bond between direct care workers, family caregivers
By
Kathleen Steele Gaivin
Oct 27, 2023
A joint initiative between PHI and the National Alliance for Caregiving aims to increase awareness of the challenges direct care workers and family caregivers face, and strengthen the bond between the...
Companies see financial wellness programs as ways to recruit, retain workers
By
Kathleen Steele Gaivin
Oct 23, 2023
Employers are seeing financial wellness programs — with offerings such as basic money management tools and financial planning seminars and webinars — as a means of recruiting and retaining workers,...
Business briefs, Sept. 28
By
Kathleen Steele Gaivin
Sep 28, 2023
Diversified Healthcare Trust announces personnel changes as it considers next steps in wake of failed merger … Newly formed Senior Living Transformation Company partners with Omega Healthcare Investors...
End of pandemic-era payments to family caregivers could complicate workforce shortages
By
Kathleen Steele Gaivin
Sep 20, 2023
During the pandemic, most states allowed some form of payment to family caregivers whose loved ones were receiving Medicaid home- and community-based services. As those payments dry up, workforce shortages...
Making long-term care employers more competitive is goal of association, university partnership
By
Kathleen Steele Gaivin
Sep 18, 2023
A new partnership aims to make skilled nursing facilities, assisted living communities and personal care homes in Pennsylvania more competitive as employers by enabling them to offer tuition discounts...