We don’t know by how much, but labor costs will soon rise.
Property, professional liability insurance costs major culprit as operating expenses increase
By
Kathleen Steele Gaivin
Oct 21, 2022
Increases in property and professional liability insurance costs are major contributors to runaway operating expenses for long-term care providers, according to results of the latest Executive Survey Insights...
Those past traditional retirement age may be a solution to worker shortfalls
By
Kathleen Steele Gaivin
Feb 10, 2023
So-called employment extenders — those who continue to work in their fields beyond the traditional retirement age — make up the fastest growing segment of the labor market, according to a new research...
74 percent of workers are concerned about their well-being at work: survey
By
Kathleen Steele Gaivin
Oct 12, 2023
Seventy-four percent of US workers are “moderately” or “highly” concerned about their workplace well-being, according to the results of the 2023 EBRI/Greenwald Research Workplace Wellness Survey.
Provider shares ‘telewellness playbook’ to address resident mental health
By
Kimberly Bonvissuto
Aug 26, 2022
As resident mental health and well-being top the list of challenges for affordable senior housing providers, one operator is sharing its playbook on a successful telewellness program.
Two New England states most expensive for assisted living
By
Lois A. Bowers
Apr 24, 2016
Two New England states are home to the most expensive assisted living apartments, based on average monthly rates charged for apartments there, according to a new website launched by Lincoln Financial Group.
Senior housing and care M&A activity drops in third quarter
By
Kathleen Steele Gaivin
Oct 18, 2023
Merger and acquisition activity in senior living and care dropped to 115 publicly announced deals in the third quarter compared with 120 known transactions in the second quarter, according to information...
Lawmakers bank on pandemic impact in resurrecting call to re-establish House Aging Committee
By
Kimberly Bonvissuto
Sep 08, 2021
Maybe the fourth time’s the charm? Banking on the disproportionate impact of the pandemic on older adults, a group of lawmakers has reintroduced legislation to re-establish the House Permanent Select...
Larger employers should be required to offer retirement plans, group says
By
Lois A. Bowers
Jun 09, 2016
Requiring most employers to offer retirement plans for their workers would help ensure that Americans have enough money to pay for their needs after they stop working, the nonprofit Bipartisan Policy Center...
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...