Connecticut providers Masonicare and United Methodists Homes plan to merge in a deal expected to close early next year.
‘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.
After $423M IPO, PACS Group looks to grow
By
Kathleen Steele Gaivin
May 15, 2024
Fresh off an initial public offering yielding net proceeds of $423 million, PACS Group is looking for opportunities to expand, CEO Jason Murray said Tuesday during the Farmington, UT-based holding company’s...
American Healthcare REIT now owns 76 percent of Trilogy Health Services
By
Kathleen Steele Gaivin
May 15, 2024
American Healthcare REIT owns 76% of Trilogy Health Services as of April 15, AHR reported Tuesday during an earnings call.
Provider groups partner to strengthen workforce, improve care coordination
By
Kathleen Steele Gaivin
May 15, 2024
The Florida Health Care Association and the Florida Assisted Living Association will collaborate to try to strengthen the long-term care workforce and improve the coordination of high-quality care.
NHC’s net operating revenues increase by 10.2% year over year
By
Kathleen Steele Gaivin
May 14, 2024
National Healthcare Corp. saw net operating revenues of $297.1 million for the first quarter of 2024, compared with $269.5 million for the same quarter a year ago. That’s an increase of 10.2%, the...
Industry groups launch online resource for senior living and care careers
By
Kathleen Steele Gaivin
May 14, 2024
The Minnesota state partner of LeadingAge and Argentum and the state affiliate of the American Health Care Association/National Center for Assisted Living have partnered on an online resource meant to...
New DOJ task force to tackle competition-related concerns in healthcare
By
Kathleen Steele Gaivin
May 13, 2024
The Justice Department said its Antitrust Division’s new Task Force on Health Care Monopolies and Collusion will consider “widespread competition concerns shared by patients, healthcare professionals,...
Senator requests GAO study of unpaid caregivers
By
Kathleen Steele Gaivin
May 13, 2024
US Sen. Bob Casey (D-PA) has requested that the Government Accountability Office study and produce a report about the contributions that unpaid caregivers to older adults and children, as well as others...