Pandemic was ‘ignition switch’ to underscore quality-of-life issues for residents, staff: experts
By
Kimberly Bonvissuto
Jul 20, 2022
Indoor air quality is one of the most significant factors in creating a healthy environment in senior living communities and skilled nursing facilities, according to panelists who spoke during a McKnight’s...
72 percent of middle-income older adults won’t be able to afford assisted living by 2033: study
By
Kimberly Bonvissuto
Sep 01, 2022
More than 11 million older adults (72%) will not be able to afford assisted living by 2033, and they likely won’t qualify for Medicaid to pay their long-term care needs either, according to a new analysis...
AlerisLife plans $14 million in cost cuts, $4 million in investments
By
Lois A. Bowers
Aug 05, 2022
Newton, MA-based AlerisLife will reduce costs by approximately $14 million and invest approximately $4 million under recommendations made by a consulting firm it hired, to “drive efficiencies and standardize...
$40 billion federal COVID-19 relief program includes funds for assisted living workforce development
By
Kimberly Bonvissuto
Jul 14, 2022
The Biden administration on Wednesday announced the investment of more than $40 billion in American Rescue Plan funds in workforce development programs, led by state and local governments and organizations,...
Senior living, skilled nursing lead the way in healthcare bankruptcy filings
By
Kimberly Bonvissuto
Aug 24, 2022
Healthcare bankruptcy filings are up 25% this year overall, with the senior care sector — including senior living and skilled nursing — leading the way, according to the results of a new survey by...
Inflation could stifle pandemic recovery among CCRCs: Fitch
By
Kimberly Bonvissuto
Sep 07, 2022
Operating performance and future demand for continuing care retirement / life plan communities could be significantly affected if inflationary pressures continue beyond this year, according to Fitch Ratings.
LeadingAge urges HUD to exempt senior housing funds from new ‘Buy America’ requirements
By
Alicia Lasek
Jul 19, 2022
Affordable housing funds must be excluded from a new federal requirement that will raise barriers to infrastructure projects key to senior housing, LeadingAge says.
‘Real solutions’ for long-term care needed from legislators, industry leader says
By
Kimberly Bonvissuto
Aug 18, 2022
Saying that long-term care is at a “crisis point,” LeadingAge is urging lawmakers to deliver “real solutions” for older adults and their caregivers in senior living and across the long-term care...
Older adults less likely than younger ones to want to use telehealth after pandemic but still want it...
By
Lois A. Bowers
Jul 06, 2022
Older adults are less likely than younger adults to continue using virtual medical services, grocery delivery services or curbside pick-up after the pandemic ends, according to the results of a poll by...
Appropriations process best bet for funding relief: Argentum
By
Kimberly Bonvissuto
Jun 30, 2022
With the prospect of additional COVID-19 relief legislation at a standstill, Argentum is turning its attention to the appropriations process and ensuring the sector’s voice is heard.