Independent living monthly fees could increase another 5 percent in 2023: Ziegler poll
By
Kathleen Steele Gaivin
Oct 05, 2022
Senior living operators are forecasting that monthly fees for independent living residents could increase by up to 5% next year, according to responses to a newly released Ziegler CFO Hotline survey.
House Republicans: Anticipated OSHA COVID-19 rule is ‘height of foolishness’
By
Kathleen Steele Gaivin
Oct 05, 2022
The Occupational Safety and Health Administration’s anticipated COVID-19 rule for healthcare workers is the “height of foolishness,” two Republican members of the House of Representatives told OSHA...
Skilled nursing occupancy hovering around 78 percent
By
Kathleen Steele Gaivin
Oct 03, 2022
Skilled nursing occupancy for July was 78.1%, virtually unchanged from the previous five months, according to a report released last week by the NIC MAP Data Service.
Inflation, staffing pose pressures for not-for-profit life plan communities: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 29, 2022
The not-for-profit continuing care / life plan communities sector has “broadly recovered” from pandemic stressors, but challenges lie ahead. That’s according to a new report from Fitch Ratings.
Home care is losing employees to retail, restaurants
By
Kathleen Steele Gaivin
Sep 28, 2022
As the oldest members of the baby boomer generation age, many of them want to age in their own homes. At the same time, low-wage home care workers are finding easier jobs with equal or better pay in retail...
Rate surge seen as threat to middle market enthusiasm
By
Kathleen Steele Gaivin
Sep 27, 2022
Many senior living and care providers across the country have raised their rates this year, as inflation continues to drive expenses for staples such as food, supplies and energy.
CDC eases guidance for asymptomatic healthcare personnel exposed to COVID-19
By
Kathleen Steele Gaivin
Sep 27, 2022
The Centers for Disease Control and Prevention on Friday introduced new guidance for managing asymptomatic healthcare personnel exposed to COVID-19, incuding those who work in nursing homes. The guidance...
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...
Fed interest rate hikes begin to weigh on commercial investors, experts say
By
Kathleen Steele Gaivin
Sep 23, 2022
The Federal Reserve’s rising interest rates are starting to weigh on commercial real estate investors, Marcus & Millichap reported, although transaction activity was at an above-average pace through...
Bill aims to protect nursing home residents during infectious disease outbreaks
By
Kathleen Steele Gaivin
Sep 21, 2022
The New Jersey Assembly’s Aging and Senior Services Committee, on Thursday passed a bill “Sally’s Law,” that aims to provide nursing home residents greater protections during periods of infectious...