‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
Don’t deter ‘necessary capital partners,’ senior living leaders tell federal agencies
By
Kimberly Bonvissuto
Jun 07, 2024
Recent intense focus on the role of private investment in healthcare could create “unintended consequences” that would deter investment in the senior living industry at a time when it can least afford...
Federal bill targeting private equity would have ‘chilling effect’ on assisted living investment,...
By
Kimberly Bonvissuto
May 07, 2024
Proposed federal legislation targeted increased transparency and accountability for private equity in healthcare, if passed, would have a “chilling effect” on future investment in assisted living and...
Senior living hourly wages outpace private sector, but competition for workers continues
By
Kimberly Bonvissuto
Apr 24, 2024
Hourly wages in senior living communities have increased by 30.9% over the past five years, outpacing growth in the broader private sector by 6.5 percentage points. But the labor market remains “exceptionally...
Senior living ‘on the precipice of this defining moment,’ Argentum CEO says
By
Kimberly Bonvissuto
Apr 30, 2024
The senior living industry sits “on the precipice of this defining moment with significant challenges but also tremendous opportunities” to tell its story and help millions of older adults “live...
Bill promises ‘generational investment’ in senior living and care workforce
By
Kimberly Bonvissuto
Apr 17, 2024
Proposed federal legislation would make a “generational investment” in the senior living and care workforce at a time when the aging population is growing exponentially and an increasing number of...
Residency should not determine access to emergency services, including lift assists, leaders say
By
Kimberly Bonvissuto
May 07, 2024
The senior living industry is pushing back against a Washington Post story about senior living providers’ use of 911 for lift assists, saying that where an older adult lives should not determine whether...
Nation unprepared to meet needs of fast-growing older adult population: poll
By
Kimberly Bonvissuto
Jun 07, 2024
The majority of respondents to a recent survey on changing attitudes in healthcare said they have little to no confidence that the nation is ready for the surging older adult population, and most say the...
Effort to re-establish House Aging Committee resurfaces
By
Kimberly Bonvissuto
May 14, 2024
An effort to re-establish the House Select Committee on Aging again is searching for bipartisan support.
Communicating the power — and success — of connection
By
Lois A. Bowers
May 28, 2024
Older Americans Month may be winding down, but efforts will continue to share how senior living providers create relationships and connections to help older adults thrive as they age.