Care provider to pay $14.9M over false claims involving assisted living communities
By
Kimberly Bonvissuto
Jun 10, 2024
A chronic disease management provider will have to shell out $14.9 million over allegations related to false claims involving assisted living communities, memory care communities and group homes.
Rebound expected for M&A in senior living and care
By
Kathleen Steele Gaivin
Feb 28, 2024
Mergers and acquisitions activity in senior living and care faltered in 2023 for various economic reasons, but M&A is expected to rebound this year, according to the experts at accounting and consulting...
Retirees head back to work amid economic fears: report
By
Kathleen Steele Gaivin
Jan 29, 2024
An increasing number of retired workers are heading back into the workforce amid economic fears, according to the results of a recent survey from Nationwide Retirement Institute.
Labor market ‘very much aligned with pre-pandemic hiring’
By
Kathleen Steele Gaivin
Jan 05, 2024
The private sector added 64,000 jobs in December, and annual pay was up 5.4% year over year, according to an ADP National Employment Report Economy Lab report released Thursday.
Proposal would add Kentucky to mix of states trying to address long-term care financing
By
Kimberly Bonvissuto
Mar 13, 2024
Senior living provider groups are applauding Kentucky’s proactive approach to helping its residents pay for future long-term care needs with a proposal to form a task force to explore a statewide insurance...
Occupancy higher at entrance fee CCRCs compared with rental CCRCs
By
Kathleen Steele Gaivin
Mar 01, 2024
The occupancy rate for entrance fee continuing care retirement / life plan communities was greater than 90% in the fourth quarter of 2023, according to Omar Zahraoui, principal at the National Investment...
Spending in home care outpaces other healthcare sectors
By
Kathleen Steele Gaivin
Feb 02, 2024
Spending in home healthcare outpaced other healthcare sectors in November, according to Altarum’s monthly Health Sector Economic Indicators brief, released Wednesday.
Don’t be happy, worry
By
John O'Connor
Jan 18, 2024
Well, senior living operators, it might be time to reach for the antacids. Because optimism is spreading like wildfire.
Senior living in 2024: Volatility ahead argues for rethinking risk strategies
By
Gerald Stoll
Jordan Parnell
Dec 14, 2023
The pressures on the senior living sector only abated marginally in 2023, as operators tried to maintain their balance in a precarious business and economic environment. And any significant reversal in...
What assisted living needs versus what it gets
By
Stephen A. Moses
Jul 08, 2024
Long-term care’s caregiving sectors — assisted living, skilled nursing and home care — share problems and needs in varying degrees. But what they get from researchers in the field is seldom what...