Assisted living provides value, satisfaction in long-term care continuum, industry advocates say
By
Kimberly Bonvissuto
Jan 26, 2024
The assisted living industry is fighting back against growing scrutiny over staffing challenges and what consumer groups and the lay media say is a cost structure that prices many older adults out of services...
CCRCs would have a year to return entrance fees under proposed bill
By
Kimberly Bonvissuto
Jan 26, 2024
Arizona continuing care retirement communities would be required to refund entrance fees within a year to residents who move out under a recently introduced bill.
Senior living and care among leaders in healthcare bankruptcies in 2023
By
Kathleen Steele Gaivin
Jan 26, 2024
Healthcare bankruptcies hit a record high last year, with long-term care second only to pharmaceutical companies in filings, according to a report published Thursday by healthcare restructuring advisory...
It’s a good time to lock in long-term interest rate, expert says
By
Kathleen Steele Gaivin
Jan 26, 2024
Current debt market rates are volatile, but that’s no reason to put off locking in a long-term interest rate, according to one industry expert.
Wages increase 5 to 6 percent for assisted living direct care workers
By
Kathleen Steele Gaivin
Jan 26, 2024
Average wages for assisted living direct care workers — certified nursing assistants, registered nurses, licensed practical nurse, medication aides and resident assistants — have increased by 5% to...
Business briefs, Jan. 26
By
Kathleen Steele Gaivin
Jan 26, 2024
Senators ask forfederal study of assisted living, seek consumer feedback, ponder oversight … Assisted living provides value, satisfaction in long-term care continuum, industry advocates say … ‘Granny...
Actions & Transactions, Jan. 26
By
Kathleen Steele Gaivin
Jan 26, 2024
SG Holdings completes leasing at $350M of mixed-use development in Miami, with 578 units of affordable senior housing … Developer converts former Bellwood, IL, Walgreens into affordable senior housing...
Meds rarely offered for COVID-19 patients at high risk for progression
Jan 25, 2024
No reason other than mild symptoms was given for almost half of patients at high risk for progression who were not offered treatment.
Microbial contamination prompts recall of Robitussin Honey cough syrup
Jan 25, 2024
The manufacturer says no illnesses in customers using the product have yet been reported.
Adult day services with specialized care have higher proportion with dementia
Jan 25, 2024
42.2% of clients have dementia in adult day services centers providing specialized care versus 22.7% in nonspecialized centers.