Supreme Court decisions could be costly in long run, with ‘ripple effect’ for businesses, attorneys...
By
Kathleen Steele Gaivin
Jul 23, 2024
Recent Supreme Court decisions could pose long-term ripple effects for businesses.
Fee-for-service skilled nursing utilization stable but still below pre-pandemic levels
By
Kathleen Steele Gaivin
Jul 22, 2024
National fee-for-service skilled nursing facility utilization has been stable year over year from the third quarter of 2023 to the third quarter of this year, but utilization remains 2 percentage points...
Commercial insurance market in ‘state of flux’ for senior housing and care
By
Kathleen Steele Gaivin
Jul 22, 2024
The commercial insurance market for long-term care operators “is in a state of flux, influenced by both lingering effects of the pandemic and broader economic factors,” Janice Loper, vice president...
Home care spending outpaces nursing home spending ‘by far’
By
Kathleen Steele Gaivin
Jul 19, 2024
Spending on healthcare goods and services grew by 8.3% between May 2023 and May 2024, according to the latest monthly Health Sector Economics brief from Altarum, released Thursday.
Berkadia closes record-breaking $1.7 billion transactions in first half of year
By
Kathleen Steele Gaivin
Jul 19, 2024
Berkadia Seniors Housing & Healthcare completed more than $1.7 billion in sales and financings across 49 transactions in the first half of the year, the company announced Wednesday.
Generation after Baby Boom especially concerned about financial stability in retirement, study finds
By
Kathleen Steele Gaivin
Jul 18, 2024
Fifty-one percent of pre-retirees aged 50 or more years, as well as some retired Americans, are considering delaying or coming out of retirement, according to the results of a new survey from F&G Annuities...
Thrive Senior Living heads to South Korea with new joint venture
By
Kathleen Steele Gaivin
Jul 17, 2024
Atlanta-based Thrive Senior Living has launched a joint venture in Seoul, South Korea, with GH Partners, the newly formed company, Thrive-GPH, announced Tuesday.
Christian Horizon files for bankruptcy under Chapter 11, will continue operations during restructuring
By
Kathleen Steele Gaivin
Jul 17, 2024
Joining a growing number of struggling senior living and care providers, Midwest Christian Villages, doing business as Christian Horizons, on Tuesday filed for reorganization under Chapter 11 bankruptcy.
Women entering Peak 65 Zone financially vulnerable, study finds
By
Kathleen Steele Gaivin
Jul 17, 2024
Financial security in retirement is a concern for all Americans, particularly women in what the Alliance for Lifetime Income calls the Peak 65 Zone; they are trailing their male contemporaries in assets.
Minimum wage hikes have mixed results on workforce: poll
By
Kathleen Steele Gaivin
Jul 16, 2024
Increases in minimum wage also can be good for more highly paid workers, according to the results of an Express Employment Professionals-Harris Poll survey released Wednesday.