HHS announces $19 million to build long-term care, acute care nurse workforce
By
Lois A. Bowers
Sep 18, 2024
The federal government on Tuesday announced $19 million in funding to five schools to help educate nurses to work in long-term care and acute healthcare settings.
Capital expenditures expected to tick up for CCRCs: Fitch
By
Kathleen Steele Gaivin
Sep 17, 2024
Capital expenditures will start to tick up in fiscal 2024 among the country’s continuing care retirement / life plan communities, according to Fitch Ratings’ medians report for the sector, published...
Social Security COLA predicted to be lowest in 4 years
By
Kathleen Steele Gaivin
Sep 16, 2024
Slowing inflation means that Social Security beneficiaries will see the lowest cost-of-living adjustment since 2021, according to experts.
Brookdale Senior Living occupancy reaches new high since start of recovery
By
Kathleen Steele Gaivin
Sep 12, 2024
Brookdale Senior Living announced Tuesday that average weighted occupancy for August increased 30 basis points sequentially to 78.9%. That’s a new high since the post-pandemic recovery began in March...
Enhanced healthcare tax credits help older Americans more than younger ones
By
Kathleen Steele Gaivin
Sep 11, 2024
Among all Americans with annual incomes of approximately $60,000 or more, those aged 50 or more years are likely to see the greatest cost savings from premium healthcare tax credits that lower monthly...
Almost a million Medicare beneficiaries potentially affected by data breach, CMS says
By
Lois A. Bowers
Sep 06, 2024
Almost a million Medicare beneficiaries could have been affected by a data breach announced Friday by the Centers for Medicare & Medicaid Services.
Healthcare Trust reports significant growth in senior housing portfolio as self-management approaches
By
John Roszkowski
Sep 03, 2024
New York City-based real estate investment trust Healthcare Trust continues to see significant growth in its senior living portfolio as it continues to move toward self-management, according to a Thursday...
Employer educational assistance programs can help long-term care workers pay off student loans
By
John Roszkowski
Sep 03, 2024
Employer-based educational programs still can be used to help pay off worker students’ loans through the end of next year, potentially enabling long-term care employers to provide relief to their workers...
Self-insured health plans grow in popularity among small and medium-sized employers, report finds
By
John Roszkowski
Sep 03, 2024
More small and medium-sized employers have turned to self-insured employee health plans since the passage of the Affordable Care Act, whereas the percentage of self-insured plans among large employers...
Business briefs, Sept. 3
By
John Roszkowski
Sep 03, 2024
Fitch downgrades of bond rating of Evangelical Homes of Michigan … Madison, WI, nursing home sale still under review after resident’s death … 4 former Bob Dean nursing homes sold to rehab and...