Skilled nursing occupancy holds steady as providers face expense pressures: NIC
By
Kathleen Steele Gaivin
Oct 02, 2023
Occupancy among skilled nursing facilities held steady in July overall, after increasing in June, according to the latest Skilled Nursing Monthly Report, released Thursday by NIC MAP Vision.
Instability, disparity trend across SNF industry
By
Kathleen Steele Gaivin
Oct 02, 2023
“State-specific instability and disparity” is “the predominant trend this year” for skilled nursing providers, according to the “38th SNF Cost Comparison and Industry Trends Report” delivered...
New partnership aims to ‘transform’ senior living through real estate, care, tech
By
Kimberly Bonvissuto
Sep 28, 2023
A Brentwood, TN, assisted living and memory care community is the launch point for a new partnership that aims to create an innovation center for technology and data solutions for the senior living industry...
Online tool could help older adults age in setting of their choice
By
Kimberly Bonvissuto
Sep 22, 2023
Aging in America is difficult for some older adults, who can face an array of challenges that include housing, healthcare and food insecurity, along with outdated policies that contribute to increasing...
CCRC ratings unlikely to be affected by SNF staffing mandates: Fitch
By
Kathleen Steele Gaivin
Sep 21, 2023
The minimum staffing rule that most nursing homes will be required to meet within the next three years will add to staffing pressures at continuing care retirement / life plan communities, but it will...
Retirement outlook improves, but not all retirees are optimistic
By
Kathleen Steele Gaivin
Sep 20, 2023
Economic conditions have improved the retirement outlook for Americans this year, according to the 2023 Natixis Investment Managers’ Global Retirement Index released last week. But at the same time,...
Recession could exacerbate ‘deteriorating’ outlook for CCRCs: Fitch
By
Kathleen Steele Gaivin
Sep 19, 2023
A possible recession is looming around the corner and could spell trouble for continuing care retirement / life plan communities, according to a report released Monday by Fitch Ratings.
Argentum releases 2023 lists of largest senior living providers; industry expresses ‘cautious optimism’...
By
Kimberly Bonvissuto
Sep 18, 2023
In a post-COVID world, the senior living industry is “cautiously optimistic” about its future as it experiences significant market changes driven by a combination of demographic shifts, evolving consumer...
Bill would increase federal minimum wage to $11 an hour
By
Kathleen Steele Gaivin
Sep 15, 2023
Republican senators Bill Cassidy (LA), Susan Collins (ME), Shelley Moore Capito (WV), Tom Cotton (AR), Mitt Romney (UT) and JD Vance (OH) on Wednesday introduced a bill that would gradually increase the...
Enhanced ‘smart’ cushion for wheelchair users the result of tech-giants partnership
By
Aaron Dorman
Sep 12, 2023
Two companies that produce technology to enable “smart” cushioned wheelchairs announced a new partnership this week.