OSHA civil penalty amounts adjusted for 2024, effective today
By
Kathleen Steele Gaivin
Jan 16, 2024
Changes to Occupational Safety and Health Administration civil penalty amounts based on cost-of-living adjustments for 2024 went into effect today.
HumanGood awarded $26.48 million to fund ‘green’ efforts at 3 communities
By
Kathleen Steele Gaivin
Jan 16, 2024
Three of HumanGood’s affordable senior housing communities have received a total of $26.48 million in grants under the first wave of the Department of Housing and Urban Development’s Green and Resilient...
Fitch assigns ‘deteriorating’ outlook to CCRC sector for second consecutive year
By
Kathleen Steele Gaivin
Jan 10, 2024
Fitch Ratings has assigned the continuing care retirement / life plan community sector a rating of “deteriorating” for the second year in a row.
Healthcare employment growth slowed in December
By
Kathleen Steele Gaivin
Jan 08, 2024
Job growth in the healthcare sector could be slowing, according to data released Friday by the Bureau of Labor Statistics.
Labor market ‘very much aligned with pre-pandemic hiring’
By
Kathleen Steele Gaivin
Jan 05, 2024
The private sector added 64,000 jobs in December, and annual pay was up 5.4% year over year, according to an ADP National Employment Report Economy Lab report released Thursday.
Companies should expect higher healthcare costs, insurers say
By
Kathleen Steele Gaivin
Jan 05, 2024
US healthcare costs are expected to increase for employers this year, according to recent reports from insurers.
Mean adjusted cost of inpatient stay for COVID-19 was $11,275 overall
Jan 03, 2024
The cost increased from $10,394 at end of March 2020 to $13,072 at end of March 2022, and it was higher with specific comorbidities.
‘Profound’ financial, workforce challenges persist for senior living providers as 2024 begins
By
Lois A. Bowers
Jan 02, 2024
Senior living operators will continue to face inflationary pressures and capital market challenges in 2024, but some effects may lessen before the year is out, according to senior living industry experts....
Big senior living stories of 2023
By
Lois A. Bowers
Dec 21, 2023
The long shadow of the pandemic continued to recede in 2023, although the senior living profession continued to feel its effects. The COVID-19 public emergency ended May 11. Wage growth has declined but...
Favorable rate, occupancy growth bright spots for CCRCs still battling staffing shortages
By
Kathleen Steele Gaivin
Dec 21, 2023
Favorable rate and occupancy growth are providing some relief to continuing care retirement / life plan communities as they claw their way back from pandemic-related staffing shortages, according to a...