Skilled nursing finances ‘much worse’ than previously known: report
By
Kathleen Steele Gaivin
Mar 03, 2022
Skilled nursing finances are “much worse” than previously thought, according to a new report outlining the financial effects of the COVID-19 pandemic on the nation’s nursing homes, American Health...
Senior living recovery driven by occupancy, rate increases: DHC CEO
By
Kimberly Bonvissuto
Feb 25, 2022
Describing 2020 as a year of defensive measures taken to withstand the effects of the pandemic, Diversified Healthcare Trust President and CEO Jennifer Francis said Thursday that proactive steps taken...
Legislation proposes $5.5M in ARPA funds to boost assisted living workforce
By
Kathleen Steele Gaivin
Feb 25, 2022
The Nebraska Unicameral Legislature is considering legislation that would direct more than $5.5 million in American Rescue Plan Act funds to assisted living communities to promote employee recruitment...
Senior living’s latest challenge carries a hefty price tag
By
John O'Connor
Feb 24, 2022
Rates charged by senior living operators rose by a robust 4.65% in 2021. In normal times, that would have been pretty wonderful news, at least from an operator’s standpoint.
Senior living trends, challenges to watch in 2022
By
Lynne Moore
Feb 07, 2022
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 …...