Ventas challenged by Land & Buildings with 3 board nominations
By
Kathleen Steele Gaivin
Jan 12, 2024
Stamford, CT-based Land & Buildings has put forth three candidates for Ventas’ board of directors to be voted on at the Chicago-based real estate investment trust’s next annual meeting of stockholders,...
Governor reevaluates $25 minimum wage for healthcare workers
By
Kathleen Steele Gaivin
Jan 12, 2024
In the wake of a projected $38 billion deficit, California Gov. Gavin Newson (D) is reevaluating an incremental minimum wage increase to $25 an hour for nursing homes, assisted living and other healthcare-related...
Cost of linked-benefit LTC insurance drops by up to 27 percent from last year
By
Kathleen Steele Gaivin
Jan 12, 2024
Individuals are paying up to 27% less for linked-benefit long-term care insurance coverage than they were a year ago, according to an annual price index released Thursday by the American Association for...
Business briefs, Jan. 12
By
Kathleen Steele Gaivin
Jan 12, 2024
Senior living occupancy rate increases for 10th consecutive quarter: NIC … 20 states make changes to assisted living regs … Initial claims for unemployment decrease by 1,000 week over week … CPI...
Actions & Transactions, Jan. 12
By
Kathleen Steele Gaivin
Jan 12, 2024
Berkadia completes $56.6M in HUD loans for 4 senior living properties … Ziegler closes $10.5M in financing for Jacaranda Trace in Venice, FL … Blueprint advises on sale of Dove portfolio in Wisconsin...
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...
Trade secrets will be protected, even without noncompete agreements, attorneys say
By
Kathleen Steele Gaivin
Jan 11, 2024
Trade secrets and privileged information still will be protected from competitors, even as the Federal Trade Commission prepares to release a final rule that would bar companies from requiring employees...
New OSHA injury, illness data reporting requirements now in effect
By
Kathleen Steele Gaivin
Jan 11, 2024
Some long-term care and other employers now are subject to updated reporting requirements for injury and illness data through the Occupational Safety and Health Administration’s injury tracking application.
Business briefs, Jan. 11
By
Kathleen Steele Gaivin
Jan 11, 2024
Senator pledges to repeal new independent contractor rule … Brookdale reports 26th consecutive month of occupancy growth … Opportunistic buys of LTC properties “abundant” … Healthpeak, Physicians...
Actions & Transactions, Jan. 11
By
Kathleen Steele Gaivin
Jan 11, 2024
JLL closes $179.5M 7-year fixed rate loan with Fannie Mae for Brookdale … Ziegler provides $68.5M financing for Acts Retirement–Life Communities … Capital Funding Group closes $9.5M HUD loan for...