U.S. stocks closed ahead on Tuesday, buoyed by optimism about the government’s response to the coronavirus crisis and reports of a potential Senate vote Wednesday on the stimulus bill.
COVID-19-related costs could approach $10 billion to $20 billion for the senior living industry, so lawmakers should not forget such companies as they negotiate a bill potentially topping $2 trillion in aid for citizens and businesses in response to the pandemic, the presidents of Argentum and the American Seniors Housing Association told Senate and House leaders.
Provider groups were eagerly awaiting guidance that ultimately came from the Centers for Disease Control and Prevention on Wednesday to help maximize personal protective equipment for those who need it the most in the battle against coronavirus. The Centers for Medicare & Medicaid Services also issued recommendations.
Provisions in a multi-billion dollar bill to provide coronavirus-related relief to workers would “significantly curtail our caregiver workforce” and must be addressed, Argentum President and CEO James Balda and American Seniors Housing Association President David Schless said Monday in a letter to House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell.
Congress should prioritize the needs of senior living and nursing home residents in any funding efforts related to the coronavirus disease 2019 (COVID-19), American Seniors Housing Association President David Schless told the chairs and ranking members of Senate and House committees overseeing appropriations and healthcare.
The National Labor Relations Board is issuing its “joint employer” final rule today, reverting to the standard that the board used for several decades before the the 2015 decision in the case Browning-Ferris Industries of California v. NLRB but with “clarity, stability and predictability,” NLRB Chairman John F. Ring said.
A labor shortage is necessitating longer amounts of time to complete long-term care construction projects, and labor costs are rising due to annual hourly increases, overtime and labor risk, according to a new issue brief.
Ever been to one of those weddings where the parents were a bit less than thrilled? Kind of reminds me of the way a few senior living organizations are now looking at Argentum.
Quality remains a shared priority for two groups of senior living associations involved in a dispute over whether Argentum should be permitted to develop national standards for the industry through the American National Standards Institute, the groups said Tuesday as they await the outcome of an ANSI hearing to decide the matter.
Four decades ago, older adults with lower-acuity needs who could cover their care costs usually lived in nursing homes. But not anymore.
