14 attorneys general form coalition to oppose bill to compel workers to join unions
By
Amy Novotney
Apr 13, 2021
South Carolina Attorney General Alan Wilson is leading a 14-state coalition of attorneys general in opposition to a significant labor law bill that’s also opposed by the senior living industry.
Judge rejects sick leave and emergency family leave restrictions
By
Amy Novotney
Aug 05, 2020
A federal judge has struck down the Department of Labor’s restrictions on which workers can access a temporary federal paid leave program, according to court documents released Monday.
Bankers keeping close eye on senior living industry amid virus concerns
By
Amy Novotney
Mar 20, 2020
The increasing number of COVID-19 outbreaks at nursing homes and retirement communities across the nation has lenders worried about the financial health of these facilities, according to an article in...
PPP extended again; lawmakers advocate for program’s broader long-term care coverage
By
Amy Novotney
Apr 01, 2021
President Biden signed into law Tuesday the PPP Extension Act of 2021 (H.R. 1799), which extends the Small Business Administration’s Paycheck Protection Program application deadline to May 31 and extends...
Business briefs for Wednesday, June 10
Jun 10, 2020
Healthpeak offers to buy $250M of 4.250% senior notes due 2023, and prices $600 million of 2.875% senior unsecured notes due 2031 … Argentum announces inaugural cohort for its senior living leadership...
COVID-19 roundup: Dow posts record point gain as Congress nears economic stabilization plan; Healthpeak...
By
Amy Novotney
Mar 25, 2020
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.
Innovation, transparency will help operators recover from pandemic’s reputational crisis: panelists
By
Amy Novotney
Feb 05, 2021
The COVID-19 pandemic created a crisis in confidence on the part of adult children making long-term care decisions for their parents. It also demonstrated how difficult it can be to differentiate senior...
Biden’s infrastructure plan includes prioritized funding for affordable housing, long-term care
By
Amy Novotney
Apr 01, 2021
President Biden unveiled a $2 trillion, eight-year infrastructure plan on Wednesday with a nod to the needs of older adults and the long-term care industry. The first phase of the president’s American...
Long-term care industry expresses disappointment as Congress passes stimulus bill
By
Amy Novotney
Dec 22, 2020
Both the House and Senate on Monday night approved a $900 billion COVID-19 stimulus package that will provide direct payments and jobless aid to Americans as well as needed funding for small businesses...
Labor Department excludes senior living from COVID-19 relief bill’s paid leave requirement
By
Amy Novotney
Mar 29, 2020
The Department of Labor released updated questions and answers regarding the Families First Coronavirus Response Act Saturday, and provided guidance categorizing senior living providers as “health care...