Lingering pandemic-related costs slow operating margin growth: NIC
By
Kimberly Bonvissuto
Mar 11, 2022
As occupancy recovery in senior living continues and the pandemic eases, increasing operating expenses may limit the growth of operating margins in the next six months, according to the National Investment...
Workforce issues loom large as 2019 begins, leaders say
By
Lois A. Bowers
Jan 02, 2019
Workforce issues will continue to be a dominant challenge in the senior living industry in 2019, according to leaders of several organizations representing providers. But they are entering the new year...
40 percent of senior living CEOs could be retiring within 5 years
By
Lois A. Bowers
Feb 26, 2018
Forty percent of senior living CEOs could be retiring within the next five years, making succession planning an urgent matter, suggests a recent survey sponsored by LeadingAge.
Only ‘very small percent’ of LTC providers will require staff to get COVID vaccine: LeadingAge poll
By
Amy Novotney
Jan 04, 2021
An informal poll conducted late last month by one LeadingAge state partner found that only a very small percent of long-term care operators plan to require a COVID-19 vaccine as a condition of employment,...
Overtime rule not ‘good business,’ groups say
By
Lois A. Bowers
May 18, 2016
The new overtime rule finalized by the Department of Labor on Wednesday “is not only the right thing to do; it’s good business,” Vice President Joe Biden told the crowd gathered at a...
Demand for senior housing driving accelerated move-in pace: NIC
By
Kimberly Bonvissuto
Aug 13, 2021
Demand for senior housing and care continues to increase despite rising COVID-19 cases. That’s according to the latest executive survey from the National Investment Center for Seniors Housing & Care.
‘Challenging public policy environment’ awaits senior living in 2021
By
Lois A. Bowers
Jan 07, 2021
The results of the November election and this week’s runoffs, combined with the COVID-19 pandemic, present an environment for senior living “unlike any it has seen in its 30-plus years,” according...
Pay and benefit information sought for assisted living report
By
Lois A. Bowers
Nov 17, 2017
Assisted living communities have until Dec. 4 to submit management salary, nonmanagement wage and fringe benefit information to the Hospital & Healthcare Compensation Service for its Assisted Living/Personal...
Medicaid Access Rule review completed by White House
By
Lois A. Bowers
Apr 16, 2024
A proposed federal rule establishing mandatory quality measures for home- and community-based services and requiring providers to allocate 80% of HCBS payments to direct care worker pay is one step closer...
COVID-19 healthcare standards must reflect current stage of pandemic, industry group says
By
Kimberly Bonvissuto
Jan 06, 2023
As the federal government mulls a forthcoming final healthcare standard on COVID-19, one senior living advocacy group is pushing for consistent protocols that recognize the current stage of the pandemic.