Lawmakers bank on pandemic impact in resurrecting call to re-establish House Aging Committee
By
Kimberly Bonvissuto
Sep 08, 2021
Maybe the fourth time’s the charm? Banking on the disproportionate impact of the pandemic on older adults, a group of lawmakers has reintroduced legislation to re-establish the House Permanent Select...
Economic growth begins to wane
By
Kathleen Steele Gaivin
Aug 31, 2021
Although the United States saw a significant rise in gross domestic product in the second quarter, growth is likely to be much slower in the coming months, according to Beth Burnham Mace, chief economist...
Momentum picks up in senior living construction: ASHA brief
By
Kathleen Steele Gaivin
Aug 27, 2021
Lumber costs are slowly coming down from pandemic highs, but labor costs continue to rise along with a shortage of skilled labor, Senior Vice President Larry Graeve and Chief Estimator Amy Burk of The...
Capital Senior Living mulling COVID-19 vaccination as condition of employment
By
Kimberly Bonvissuto
Aug 13, 2021
With more than 90% of its residents fully vaccinated, Capital Senior Living announced during a second-quarter earnings call on Thursday that it is considering a move to make COVID-19 vaccination a condition...
LTC financing: Be careful what you wish for
By
Stephen A. Moses
Jun 07, 2021
If proposed social insurance plans actually were to pass and take effect, senior living operators may find themselves with even fewer private payers and more residents dependent either on Medicaid or one...
Senior living’s unspoken debt problem
By
John O'Connor
May 20, 2021
Many of your employees sure could use some debt relief. If you happen to be the agent of such assistance, you’d be more than a benevolent soul. You also might be the operator whose recruitment and retention...
SNF occupancy hits record low again in January: NIC report
By
Amy Novotney
Apr 06, 2021
Occupancy continued to be challenged as the skilled nursing industry navigated the first months of 2021, according to the latest monthly skilled nursing data report from the National Investment Center...
Senior living indirectly benefits from $5.3T in COVID-19 stimulus offers, but economists concerned about...
By
Amy Novotney
Mar 30, 2021
The U.S. federal government has passed an unprecedented $5.3 trillion in stimulus packages in an effort to help the economy recover from the COVID-19 pandemic. In the short term, these efforts appear to...
Construction costs up but contractor backlog down: ASHA brief
By
Lois A. Bowers
Mar 10, 2021
The cost of construction materials is up, due to “significant” swings in commodity pricing, and additional increases are expected in the spring, according to a new issue brief for the American Seniors...
Raises from coast to coast: hourly minimum wage reaches or surpasses $15 in 2021
By
Kimberly Bonvissuto
Jan 06, 2021
Twenty states and 32 cities and counties increased their minimum wage as of Jan. 1, with 27 of these jurisdictions reaching or exceeding $15 an hour, according to the National Employment Law Project.