Series on long-term care affordability, staffing, equity a ‘wake-up call,’ industry advocate says
By
Kimberly Bonvissuto
May 28, 2024
A special report published last week by CNHI News and the Associated Press that focused on several “issues and complications” in assisted living and other forms of long-term care is a “wake-up call...
Impact of COVID-19 on senior living could be $50 billion, Argentum CEO says
By
Kimberly Bonvissuto
May 29, 2020
The impact of COVID-19 on the senior living industry could be $40 billion to $50 billion over the next year, Argentum President and CEO James Balda said Wednesday in a Yahoo Finance interview.
Older adult population will surpass younger age groups in 2029 as ‘notable shifts’ occur
By
Kimberly Bonvissuto
Nov 22, 2023
The US older adult population is expected to surpass the size of younger age groups in 2029, according to the latest US Census Bureau population projections, which also forecast that the nation’s population...
Federal bill targeting private equity would have ‘chilling effect’ on assisted living investment,...
By
Kimberly Bonvissuto
May 07, 2024
Proposed federal legislation targeted increased transparency and accountability for private equity in healthcare, if passed, would have a “chilling effect” on future investment in assisted living and...
Some senior living operators add vaccine access to marketing toolkits to help rebuild occupancy
By
Kimberly Bonvissuto
Jan 25, 2021
As the COVID-19 pandemic sends occupancy rates plummeting in senior living communities, some operators are adding vaccine access to their marketing toolbox in a bid to entice prospective residents and...
30 percent federal funding cut jeopardizes senior living workforce programs, provider group says
By
Kimberly Bonvissuto
Jul 17, 2023
A proposed funding cut of almost 30% for the Department of Labor could jeopardize senior living workforce training programs being launched in several states, according to Argentum.
Regardless of legal challenges, be prepared to implement COVID-19 vaccination mandates: legal experts
By
Kimberly Bonvissuto
Nov 17, 2021
Be prepared to act. That was the consensus from a panel of legal experts who provided an update on the status of federal healthcare, COVID-19 vaccination and testing requirements to Argentum members on...
AHCA / NCAL asks federal government to extend public health emergency, prioritize assisted living for...
By
Kimberly Bonvissuto
Jul 08, 2020
The federal government should extend the public health emergency declaration beyond July 26 and prioritize assisted living communities and nursing homes when a COVID-19 vaccination becomes available, American...
Raid on Provider Relief Fund ‘alarming and potentially detrimental’ to senior living caregivers,...
By
Kimberly Bonvissuto
Jan 28, 2022
A report that $7 billion in Provider Relief Fund dollars meant to cover pandemic-related expenses for healthcare providers instead was used to buy COVID-19 vaccines and therapeutics is “alarming and...
Don’t deter ‘necessary capital partners,’ senior living leaders tell federal agencies
By
Kimberly Bonvissuto
Jun 07, 2024
Recent intense focus on the role of private investment in healthcare could create “unintended consequences” that would deter investment in the senior living industry at a time when it can least afford...