Nursing care has fastest-growing prices of healthcare sectors
By
Kathleen Steele Gaivin
Jul 20, 2023
Prices for nursing home care grew the fastest in June among the major healthcare categories, at 6.2%. Prices for home healthcare increased by 4.4%.
Business briefs, July 20
By
Kathleen Steele Gaivin
Jul 20, 2023
Long-term care staffing challenges need attention from policymakers, industry advocates say … ‘Never Alone Act’ ensures long-term care residents have access to advocates … Flat Footed requests...
Family caregivers have fewer assets, more debt issues than non-caregivers
By
Kathleen Steele Gaivin
Jul 19, 2023
Family caregivers are likely to have fewer assets and more problems with debt than non-caregivers, despite having similar levels of knowledge and preparation for retirement, according to a new report from...
Long-term care M&A activity increases to 110 deals in second quarter
By
Kathleen Steele Gaivin
Jul 18, 2023
The number of publicly announced senior living and skilled nursing-related mergers and acquisitions increased by 11% during the second quarter of the year, to 110 deals from 99 transactions in the first...
Balancing costs, benefits a challenge in recruiting, retaining workers: survey
By
Kathleen Steele Gaivin
Jul 14, 2023
Battling increasing costs while investing in employee benefits often is a balancing act in the recruitment and retention of employees, according to the results of a survey from London-based global advisory,...
Inflation drops to lowest point in more than 2 years at 3 percent
By
Kathleen Steele Gaivin
Jul 14, 2023
At 3%, the inflation rate reached its lowest point last month since March 2021, according to the Bureau of Labor Statistics. That’s a full percentage point lower than the 4% reported in May.
Minimum staffing requirements good idea in theory only: AHCA/NCAL
By
Kathleen Steele Gaivin
Jul 13, 2023
A federal nursing home minimum staffing mandate “sounds like a good idea, but in practice, it is not,” American Health Care Association / National Center for Assisted Living President and CEO Mark...
Cap rates up except in skilled nursing
By
Kathleen Steele Gaivin
Jul 11, 2023
More than 50% of the respondents to the 12th edition of CBRE’s “Seniors Housing & Care Investor Survey” expect capitalization rates to increase this year. That’s up from 27% in last year’s...
Almost half of all baby boomer workers expect to work past 70 or not retire, survey finds
By
Max Bachmann
Jul 10, 2023
Baby boomers are the generation most cynical about retirement prospects, according to the Transamerica Center for Retirement Studies’ 23rd Annual Retirement Survey.
Medical costs expected to increase 7 percent in 2024: survey
By
Kathleen Steele Gaivin
Jul 05, 2023
PwC’s Health Research Institute is projecting a 7% year-over-year medical cost increase in 2024. The projected medical cost trend in 2022 and 2023 was 5.5% and 6%, respectively.