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.
Industry leaders plead for fiscal relief
By
Amy Novotney
Oct 15, 2020
Citing a worsening pandemic, the American Health Care Association / National Center for Assisted Living warned again Wednesday that widespread financial challenges loom over many long-term care facilities.
Senior living renovation projects have stalled, but work related to most new developments and additions to existing campuses continues amid COVID-19, Larry Graeve, Chris Harrison and Amy Burk of The Weitz...
U.S. Treasury task force: Federal government must educate public about LTC costs
By
Amy Novotney
Aug 17, 2020
The Treasury and other federal agencies should do a better job educating consumers about long-term care and the need to finance it. That’s according to a report released last week by the Federal Interagency...
Economy’s path depends on course of the virus: Fed
By
Amy Novotney
Jul 30, 2020
Business executives, including those within the seniors housing industry, likely can expect additional help from the Federal Reserve as the COVID-19 pandemic continues to take its toll on the nation’s...
Need something else to worry about?
By
John O'Connor
Apr 30, 2020
I’m no expert on monetary policy and have never played one on TV. But even I am beginning to wonder if these actions might create another problem for senior living operators.
Bill would let people tap retirement accounts for long-term care insurance
By
Lois A. Bowers
Dec 03, 2019
Individuals would be allowed to withdraw up to $2,000 per year from their retirement accounts, tax-free, to pay for long-term care insurance to fund long-term services and supports under a bill proposed...
Geriatric workforce issues focus of two bills passed by the House
By
Lois A. Bowers
Oct 29, 2019
Bills that would reauthorize the Older Americans Act and improve improve education and training in geriatrics passed in the House of Representatives on Monday. They now move to the Senate for consideration.
Proposed federal changes endanger providers’ ability to serve low-income adults, groups say
By
Lois A. Bowers
Jun 25, 2019
Aging services providers’ ability to serve low-income older adults will be hindered if the federal government proceeds with proposed changes to how it measures poverty, according to advocacy organizations...