Labor market experiences trade-off: jobs growth versus increased wages: report
By
Kathleen Steele Gaivin
Mar 09, 2023
The health services and education labor market increased by 35,000 jobs (7.2%) last month, whereas the private sector in general added 242,000 jobs overall in February.
2 bills target stabilizing assisted living funding model
By
Kimberly Bonvissuto
Mar 08, 2023
Bills aimed at addressing funding in assisted living are making their way through state legislatures in Montana and New Jersey
Senior living and care pricing could decrease due to cap rates, operating expenses: survey
By
Kathleen Steele Gaivin
Mar 08, 2023
If not offset by record-setting rental rate growth, expected capitalization rate expansion and rising operating expenses could lead to a decrease in senior living and care pricing this year. That’s according...
Resident falls account for 75 percent of insurance claims with payment in senior living
By
Kimberly Bonvissuto
Mar 06, 2023
Resident falls claims continue to be the primary insurance loss driver for senior living providers, according to a new report.
Cementing senior living’s role in care continuum key focus area for NIC
By
Kimberly Bonvissuto
Mar 03, 2023
SAN DIEGO — Senior living is part of the continuum of care. The theme of the National Investment Center for Seniors Housing & Care Spring Conference echoed throughout Thursday’s sessions taking a look...
Fed unlikely to ‘take its foot off the brake’ anytime soon
By
Kathleen Steele Gaivin
Mar 03, 2023
The economic landscape remains volatile, National Investment Centers for Seniors Housing & Care Chief Economist and Director of Outreach Beth Burnham Mace said Wednesday at NIC’s Spring Conference.
Acquisition loans on the rise, experts say
By
Kathleen Steele Gaivin
Mar 02, 2023
Several factors are contributing to the increase in acquisition loans, according to the experts at Cambridge Senior Housing & Healthcare Capital.
Eli Lilly to slash insulin prices, cap monthly out-of-pocket costs at $35
Mar 01, 2023
The company will cut its list price for Humalog 100 units/mL starting in the fourth quarter of 2023.
Pennant commits to redoubling leadership investments to continue ‘transformational’ growth
By
Kimberly Bonvissuto
Feb 27, 2023
The Pennant Group posted full-year and fourth-quarter results that demonstrated progress in 2022 and “meaningful momentum” heading into 2023 due to investments in people, CEO Brent Guerisoli during...
Provider groups back reintroduced bill expanding veterans’ access to assisted living
By
Kimberly Bonvissuto
Feb 27, 2023
After going nowhere in the last Congress, a bill expanding veterans’ access to assisted living has been reintroduced in this Congress, with backing from all four main trade associations representing...