Sonida Senior Living looks to improve balance sheet, make investments with $47.7 million equity raise
By
Kathleen Steele Gaivin
Feb 07, 2024
A $47.7 million equity raise will help Sonida Senior Living improve its finances, invest in its communities and programming, and consider acquisitions, the Dallas-based owner-operator said Tuesday. The...
Clinicians and caregivers must keep pace with new pacemaker tech available for seniors: study
By
Aaron Dorman
Feb 06, 2024
A new survey classifies cardiac implantable electronic devices, or CIEDs, to account for advances such as leadless multi-chamber pacemaker models.
Proposed initiative effectively would kill long-term care payroll tax program
By
Kimberly Bonvissuto
Feb 06, 2024
A new initiative “cleverly framed to sound like a reasonable change” to allow people to opt out of Washington state’s long-term care insurance program would effectively kill the program and take...
AI scam-busting tool gives seniors a way to fight back against swindlers
By
Aaron Dorman
Feb 05, 2024
A newly launched online program is designed to address the threat of AI scams and teach older adults about how to “distinguish truth from fiction.”
Senior living seeing ‘better-than-expected momentum’
By
Kathleen Steele Gaivin
Feb 05, 2024
Senior living occupancy fell short of expectations last year but ended the year with “better than expected momentum … that sets the stage for a favorable outlook in ’24,” according to a new report...
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...
Seniors’ tech tools are useful, but they’re still not user-friendly enough, market analyst claims
By
Aaron Dorman
Jan 25, 2024
A new tech market report for senior living suggests there is room for tools to become more user-friendly and more easily update.
Heart disease still the leading cause of death in the United States
Jan 24, 2024
Death rates from cardiovascular disease have fluctuated over the years and trended upward recently.
‘Sky is the limit’ for health information networks’ SNF insights
By
Kimberly Marselas
Jan 24, 2024
An expanding health information exchange connecting 71 hospitals and nearly 600 post-acute providers in New Jersey is exceeding expectations.
Senior living advocates ask Congress to expand college savings plans to fund career-related expenses
By
Kimberly Bonvissuto
Jan 24, 2024
A coalition of almost 800 nonprofit organizations, businesses and associations — including several in senior living — is urging Congress to include a bipartisan bill expanding eligible uses of college...