Senior living renovation projects have stalled, but work related to most new developments and additions to existing campuses continues amid COVID-19, Larry Graeve, Chris Harrison and Amy Burk of The Weitz...
OSHA, wage and hour violation penalties to increase by more than 70%
By
Lois A. Bowers
Jul 05, 2016
Maximum penalties for Occupational Safety and Health Administration workplace safety violations as well as violations of minimum wage and overtime provisions of the Fair Labor Standards Act will increase...
Per-capita Medicaid cap could reduce dual-eligible spending by $44 billion over 10 years
By
Lois A. Bowers
Apr 20, 2017
A per-capita cap on federal Medicaid funding growth based on medical inflation could reduce spending on dual-eligible beneficiaries by $44 billion over the next 10 years, according to new research.
Former American Senior Communities vendor sentenced in fraud case
By
Lois A. Bowers
Jul 11, 2018
The fifth and last defendant was sentenced Tuesday for his role in the $19.4 million fraud, kickback and money-laundering scheme that previously led to prison terms for four others associated with American...
Operators to ‘grapple’ with COVID-related issues for at least another year, Omega CEO predicts
By
Lois A. Bowers
Nov 04, 2022
Labor costs and inflation continue to affect senior living operators in Omega Healthcare Investors’ portfolio, executives said Thursday on the Hunt Valley, MD-based real estate investment trust’s third-quarter...
It’s a good time for a move to senior living, data show
By
Lois A. Bowers
Apr 20, 2016
Annual senior living costs increased 2.7% from 2014 to 2016, according to new data released by senior living referral service A Place for Mom. The increase outpaces inflation but still beats the housing...
Inflation, rising rates and mounting indications of a recession present challenges and opportunities for CareTrust REIT and its operating partners, President and CEO Dave Sedgwick said in discussing the...
Seniors housing construction costs escalating: brief
By
Lois A. Bowers
Aug 14, 2016
The tight labor market for skilled labor and trades in the construction industry is resulting in higher-than-expected cost escalation for seniors housing projects, according to a new issue brief.
Older adults’ medication cost ‘skyrockets year after year,’ senator says
By
Lois A. Bowers
Mar 27, 2018
Many of the brand-name medications most commonly taken by older adults increased in price by almost 10 times the average annual rate of inflation from 2012 to 2017, according to a Senate report released...
Proposed federal changes endanger providers’ ability to serve low-income adults, groups say
By
Lois A. Bowers
Jun 25, 2019
Aging services providers’ ability to serve low-income older adults will be hindered if the federal government proceeds with proposed changes to how it measures poverty, according to advocacy organizations...