Senior living association recommends overtime changes to Labor Department
By
Lois A. Bowers
Oct 02, 2017
The Labor Department should base increases in the minimum salary threshold used to determine overtime pay on the 20th percentile for salaried employees in the lowest paid geographic region of the country,...
Genworth: Acuity, luxury drive up assisted living costs 3.36% in 2017
By
Lois A. Bowers
Sep 27, 2017
The annual median cost of assisted living increased 3.36% from 2016 to 2017, according to the Genworth 2017 Cost of Care Survey, released Tuesday. There are two main reasons.
Per-capita Medicaid cap could reduce dual-eligible spending by $44 billion over 10 years
By
Lois A. Bowers
Apr 20, 2017
A per-capita cap on federal Medicaid funding growth based on medical inflation could reduce spending on dual-eligible beneficiaries by $44 billion over the next 10 years, according to new research.
Type A and C contracts increasing in popularity with CCRCs
By
Lois A. Bowers
Apr 13, 2017
Type A and C entry-fee contract use has become more common in continuing care retirement communities over the past 10 years, whereas type B contract and rental agreement use has become less common, according...
Assisted living occupancy falls to lowest level since 2010
By
Lois A. Bowers
Apr 12, 2017
Occupancy for assisted living in the first quarter of 2017 averaged 87.2%, its lowest level since early 2010, according to data released Wednesday by the National Investment Center for Seniors Housing...
Life care contract most common type for Texas CCRCs: report
By
Lois A. Bowers
Feb 27, 2017
Ziegler and My LifeSite analyzed data from 32 providers in the Lone Star State to produce a new benchmarking report on the characteristics of continuing care retirement communities there.
Where assisted living is the most and least expensive: survey
By
Lois A. Bowers
Feb 15, 2017
Average monthly assisted living costs range from $3,051 for a studio apartment in Louisiana to $6,936 for a two-bedroom apartment in Delaware, according to the state results of Lincoln Financial Group’s...
Senior living construction costs continue to rise due to labor shortage
By
Lois A. Bowers
Jan 22, 2017
A labor shortage in the construction industry is one of the driving factors behind continued inflation for senior living construction projects in every region of the country, according to a new brief prepared...
Canceling overtime changes would benefit employers, real family income, CBO says
By
Lois A. Bowers
Nov 14, 2016
Canceling changes to overtime regulations that are set to go into effect Dec. 1 would reduce private-sector employers’ payrolls and compliance costs and would increase profits, according to an analysis...
Labor costs driving up resident fees: survey
By
Lois A. Bowers
Oct 30, 2016
Labor costs are the primary driver for monthly fee increases charged to residents of not-for-profit senior living communities, according to a new poll by speciality investment bank Ziegler.