After two years, the pandemic still is with us, and operators continue to deal with challenges, including availability of staffing/turnover, higher labor costs, increased operating expenses and inflation.
Empowering older adults who want to work can differentiate your community
By
Bo Fishback
Jan 27, 2022
Almost half of adults are expected to work in some capacity after they retire. Senior living community operators have to get creative to find ways to attract these potential residents to their communities.
Increased healthcare M&A activity coming down pike in 2022, investment execs predict
By
Kathleen Steele Gaivin
Jan 26, 2022
Following a strong year for healthcare and life sciences transactions in 2021, investment professionals expect deal volume to clip along at a steady pace in 2022, despite labor shortages, supply chain...
OSHA civil penalties now top $145,000 for ‘willful or repeated’ violations
By
Lois A. Bowers
Jan 20, 2022
The Occupational Safety and Health Administration has increased the maximum penalty for “willful or repeated” violations to $145,027 per violation from $136,532 per violation, the Department of Labor...
5 items for senior living’s 2022 to-do list
By
Lois A. Bowers
Jan 10, 2022
The leaders of five organizations active in the senior living space recently shared with me their insights on the biggest challenges facing the industry. Culled from their comments is a list of action...
Business briefs, Jan. 7
By
Kathleen Steele Gaivin
Jan 07, 2022
Governor announces plans to distribute 1 million rapid COVID tests to assisted living communities, nursing homes; LeadingAge Florida applauds … Fed discusses faster rate hikes to counter inflation …...
Staffing remains top challenge for senior living operators: NIC
By
Kimberly Bonvissuto
Dec 17, 2021
Staffing shortages continue to plague senior living and other long-term care operators, with attracting community and caregiving staff remaining a “significant challenge,” along with increasing turnover,...
Defenseless spending
By
John O'Connor
Dec 16, 2021
The hurdles to getting coronavirus relief stand in sharp contrast to the way lawmakers are tossing billions at defense contractors and other makers of industrial-grade weaponry.
Senior housing: Positive outlook with challenging unknowns
By
Matt Caine
Dec 13, 2021
The coronavirus pandemic has presented a myriad of challenges for the senior housing sector. Even with the vaccine rollout earlier this year, many of these issues remain as the virulent delta variant and...
Biden pledges to lower prescription drug prices for Americans
Dec 07, 2021
But the biggest policy change — letting Medicare negotiate prices for prescription drugs — will not start to lower costs until 2025.