Operators ‘scrambling’ to get loans closed as interest rate hike looms
By
Kathleen Steele Gaivin
Jul 22, 2022
As the Federal Reserve prepare to raise the interest rate another 75 basis points at a meeting next week, senior housing borrowers are looking to secure loan terms, says Jessica Johnson, manager of Healthcare...
Employer faces ADA lawsuit even though it has no proof that employee has medical condition
By
Kathleen Steele Gaivin
Jul 22, 2022
A Pennsylvania long-term care provider is facing a lawsuit under the Americans with Disabilities Act even though the plaintiff, a fired employee, may not have a qualifying medical condition.
Court ruling provides cautionary tale regarding duties of independent living operators
By
Kimberly Bonvissuto
Jul 21, 2022
A Michigan Supreme Court ruling has called into question whether independent living residents are truly “independent” and what responsibilities operators hold beyond the traditional landlord-tenant...
Senior living community rebrands to attract middle-income older adults, adds nursing care
By
Kathleen Steele Gaivin
Jul 21, 2022
A Westland, MI, senior living community that was slated to close last year has found new life with rebranding meant to attract interest from middle-income older adults.
Survey: Only 10 percent of Americans have long-term care coverage
By
Kathleen Steele Gaivin
Jul 21, 2022
Seventy percent of Americans over the age of 65 likely will need long-term care, yet only 10% of them are carrying long-term care coverage, according to the results of a recent survey by the Arctos Foundation...
Psychological resilience linked to improved walking after hip fracture
Jul 20, 2022
Older adults in the most versus the least resilient group had increases in mean gait speed and walking distance after 16 weeks.
Record Social Security bump could push seniors into higher tax bracket, experts say
By
Kathleen Steele Gaivin
Jul 20, 2022
Social Security recipients could see a record 10.5% cost of living adjustment next year, the bipartisan Senior Citizen League predicts, but that could bump some beneficiaries into higher tax brackets....
Protein intake tied to quality of diet for weight loss
Jul 19, 2022
High-protein consumers also reduced their intake of refined grains and added sugar and increased their intake of green vegetables.
Court favors senior living operator, allowing COVID insurance case to advance
By
Alicia Lasek
Jul 19, 2022
A Colorado senior living operator may continue to pursue a suit against its insurer claiming reimbursement for loss incurred due to COVID-19-related business interruptions, a state court has decided.
Pathways to advanced age-related macular degeneration examined
Jul 18, 2022
Distinct serum and genetic risks and associated systemic diseases were seen with soft drusen and subretinal drusenoid deposits.