CCRC outlook not getting worse but also not improving much, Fitch says
By
Kathleen Steele Gaivin
Jan 19, 2024
Fitch Ratings’ outlook for continuing care retirement / life plan communities is “deteriorating,” according to the company’s senior director and sector lead for life plan communities, Margaret...
Healthcare ranks second among industries with workers frustrated by low pay: survey
By
Kathleen Steele Gaivin
Jan 19, 2024
Healthcare workers rank second among those frustrated about their industry’s pay, according to a recent analysis from USA Today Blueprint.
Younger adults want to retire at 61 but haven’t begun financial planning: survey
By
Kathleen Steele Gaivin
Jan 19, 2024
Adults aged fewer than 34 years have their eyes set on retiring at age 61, but they are not taking the necessary steps to plan for early retirement, according to new research from St. Louis, MO-based Edward...
Business briefs, Jan. 19
By
Kathleen Steele Gaivin
Jan 19, 2024
Owner of defunct Skyline chain pleads guilty in $39M fraud case … Credit is scarce, capital markets remain unpredictable: NIC … In DEIB initiatives, senior living must shift focus to fostering inclusive...
Actions & Transactions, Jan. 19
By
Kathleen Steele Gaivin
Jan 19, 2024
Ziegler advises on sale of Elkhart Lake, WI, senior living community … Sherman & Roylance facilitates sale of West Orange, NJ, assisted living community … Watermark Retirement Communities, Alliance...
Oxford closes on $241.4 million in capital commitments in long-term care
By
Kathleen Steele Gaivin
Jan 18, 2024
The healthcare real estate group of Alexandria, VA-based Oxford Finance closed approximately $241.4 million of capital commitments in long-term care in 2023, part of more than $430 million of capital commitments...
CEOs worried about inflation, recession, yet most are unprepared: study
By
Kathleen Steele Gaivin
Jan 18, 2024
CEOs in the United States and elsewhere are concerned about economic pressures, yet just 37% are prepared for an increase in inflation, and only 34% are prepared for a recession. That’s according to...
Unions now can represent workers, others in third-party wage claims
By
Kathleen Steele Gaivin
Jan 18, 2024
Unions in some cases can represent workers or third parties in wage claim lawsuits under legislation recently signed into law by New Jersey Gov. Phil Murphy (D).
Business briefs, Jan. 18
By
Kathleen Steele Gaivin
Jan 18, 2024
Attorney general looks to expand enforcement authority over assisted living … $2K daily fines poised to begin ‘within days’ as NY staffing rule upheld … Cypress Cove awards $40,000 in educational...
Actions & Transactions, Jan. 18
By
Kathleen Steele Gaivin
Jan 18, 2024
PointClickCare acquires fellow EHR player American HealthTech … Assisted Living Locators opens 150th franchise … Bayview closes $6M C-PACE financing for Durango, CO, senior living community … ESI...