Some senior living operators may find Medicaid payment expansion tempting
By
John O'Connor
Nov 28, 2018
Senior living operators have historically not been involved in psychiatric care. But that soon could change. The reason: A recent Medicaid coverage expansion could lead to new business opportunities, a...
Senior living hourly wages outpace private sector, but competition for workers continues
By
Kimberly Bonvissuto
Apr 24, 2024
Hourly wages in senior living communities have increased by 30.9% over the past five years, outpacing growth in the broader private sector by 6.5 percentage points. But the labor market remains “exceptionally...
PACE sees potential to expand in American Jobs Plan
By
Diane Eastabrook
Apr 02, 2021
The devil is still in the details, but Programs of All-Inclusive Care for the Elderly (PACE) are optimistic they could be big winners in President Joseph Biden’s American Jobs Plan, which would funnel...
Recovery ‘very strong’ in senior housing investment, development, expert says
By
Kathleen Steele Gaivin
Oct 22, 2021
Senior housing’s recovery, both in recovering and occupancy, is “a lot to be optimistic about,” Byron Carlock, real estate leader at PricewaterhouseCoopers, told the McKnight’s Business Daily.
New sensor innovations use heat and sound to improve falls detection capabilities
By
Aaron Dorman
Oct 17, 2023
Newly announced sensor tech uses thermal imaging and sound, respectively, to track issues related to cognitive and physical decline.
Senior living provider announces data breach of employee personal information
By
Kimberly Bonvissuto
Jun 27, 2022
An Oregon-based senior living and skilled nursing provider has had its computer network breached, affecting the personal information of some of its employees as well as some employees of affiliated entities.
Lesbian resident’s discrimination case back in court
By
Lois A. Bowers
Feb 08, 2018
A lawsuit claiming that an Illinois senior living community failed to protect a lesbian resident from harassment, discrimination and violence from fellow residents because of her sex and sexual orientation...
Senior living borrowers may not be aware of this bank placement risk
By
Lois A. Bowers
Jul 11, 2016
Not-for-profit senior living companies attracted to bank placements for capital should beware of a provision that can be part of such agreements, according to specialty investment bank Ziegler.
Maryland senior living community announces data security breach
By
Kimberly Bonvissuto
Dec 08, 2022
A Maryland senior living community announced Tuesday that it was the victim of a data breach in February involving the personal and protected health information of employees.
Biosensor company on a mission to plug leaks from failed IV insertion
By
Aaron Dorman
Oct 12, 2023
A health tech company that makes biosensors for IV insertions is hoping to significantly expand its market this fall.