Healthcare sees highest Chapter 11 bankruptcy filings in 15 years: report
By
Kathleen Steele Gaivin
May 17, 2024
Chapter 11 bankruptcies in healthcare, including senior living reached a multiyear high in the first quarter of 2024. That’s according to the newest Polsinelli-TrBK Distress Indices Report, published...
About 20 percent of operators still face severe staffing shortages: NIC
By
Kathleen Steele Gaivin
Sep 26, 2022
Approximately one-fifth of senior living and skilled nursing operators responding to the latest Executive Survey Insights report by the National Investment Center for Seniors Housing & Care consider the...
Late boomers lag in retirement savings: report
By
Kathleen Steele Gaivin
Aug 17, 2023
Late boomers — those born between 1960 and 1965 at the tail end of the post-World War II baby boom — are not faring well when it comes to retirement savings. That’s according to a report published...
Repurposing existing structures may be one solution for coming senior housing crunch
By
Kathleen Steele Gaivin
Jun 14, 2022
Repurposing existing structures into senior housing might alleviate some of the uptick in need for housing and care as the oldest baby boomers, turning 76 this year, look for senior housing in the coming...
Americans losing even more ground in keeping up with their retirement savings, survey shows
By
Kathleen Steele Gaivin
Oct 25, 2022
More than half of Americans (55%) are not keeping up with retirement savings, according to the results of a recent survey from Bankrate. This is slightly worse than a year ago, when 52% of the respondents...
Balancing costs, benefits a challenge in recruiting, retaining workers: survey
By
Kathleen Steele Gaivin
Jul 14, 2023
Battling increasing costs while investing in employee benefits often is a balancing act in the recruitment and retention of employees, according to the results of a survey from London-based global advisory,...
Parts of Texas, Arkansas see greatest gains in per-capita income over 4 decades
By
Kathleen Steele Gaivin
Sep 08, 2023
Per-capita income rankings among the 110 largest metropolitan areas in the United States — areas with populations of 500,000 or more — have changed little since 1980, according to a recent blog post...
ProMedica Senior Care posts $14.7 million loss in second quarter
By
Kathleen Steele Gaivin
Aug 16, 2023
Toledo, OH-based ProMedica Senior Care on Monday reported a $14.7 million operating loss for the second quarter, and parent company ProMedica posted a $39.8 million operating loss for the quarter, the...
Republicans take aim at Social Security, Medicare in debt reduction talks
By
Kathleen Steele Gaivin
Jan 25, 2023
The United States reached its debt limit of $31.4 trillion Thursday. As Congress looks to reduce spending, some House Republicans are taking aim at Social Security and Medicare.
Long-term care shows signs of recovery despite inflationary headwinds
By
Kathleen Steele Gaivin
Sep 16, 2022
Despite persistent labor and inflationary headwinds, senior living and skilled nursing are seeing growth in occupancy and rents, according to new reports from Marcus & Millichap released Wednesday.