‘Wave of demand’ coming in senior living, experts say
By
Kathleen Steele Gaivin
Jan 11, 2023
Senior living is a growth sector, John Chang, senior vice president of research services at Marcus & Millichap, said during a Tuesday afternoon webcast sponsored by the real estate investment services...
Ziegler predicts ‘fierce headwinds’ continuing into new year
By
Kathleen Steele Gaivin
Jan 09, 2023
“Fierce headwinds” will keep blowing for long-term care providers in 2023, according to specialty investment bank Ziegler. Inflationary pressures and workforce challenges are still in play, but reasons...
27 states to raise minimum wage in 2023
By
Kathleen Steele Gaivin
Jan 03, 2023
Twenty-seven states rang in the new year with increases or planned increases to their minimum wage rate. Most took effect Jan. 1, but others will become effective later in the year.
Price of proposed nursing home staffing mandate? Try $11.3B a year, new AHCA report finds
By
Kathleen Steele Gaivin
Dec 16, 2022
The American Health Care Association Thursday released an updated report from accounting and consulting firm CliftonLarsonAllen LLP detailing the costs of a potential federal staffing mandate for America’s...
Healthcare wage growth appears to be moderating, data show
By
Kathleen Steele Gaivin
Dec 16, 2022
Healthcare job growth remains strong across all major settings of care. That’s according to Altarum’s monthly Health Sector Economic Indicators (HSEI) released Thursday.
Business briefs, Dec. 15
By
Kathleen Steele Gaivin
Dec 15, 2022
Ruling clears way for class-action suit over CCRC refunds … CPI rose less than expected in November … Re-imagining Long-Term Care Task Force delayed; lawmakers ask why
Economy showing ‘nascent signs of softening,’ expert says, but mild recession may be on horizon
By
Kathleen Steele Gaivin
Dec 08, 2022
The consumer price index increased 7.7% from October 2021 to October 2022, marking the smallest 12-month advance since January.
Life plan community outlook ‘deteriorating’ in 2023: Fitch Ratings
By
Kathleen Steele Gaivin
Dec 07, 2022
The outlook for continuing care retirement / life plan communities is “deteriorating” due to continued labor challenges and a “softening broader economy.” That’s according to a newly released...
Poll: 68 percent of healthcare workers find it stressful to manage their finances
By
Kathleen Steele Gaivin
Dec 02, 2022
Healthcare workers are worried about finances, and it’s affecting their health, according to the results of a recent poll conducted by Harris Poll on behalf of IntelyCare and DailyPay.
American Healthcare REIT ‘optimistic’ about senior housing despite third-quarter performance
By
Alicia Lasek
Nov 18, 2022
Senior housing remains a “challenge,” but American Healthcare REIT is expecting to rebuild occupancy across its portfolio as inflationary pressures ease, the company told investors in a third-quarter...