Survey: 71% of senior living residents, families happy with care during pandemic; non-residents still...
By
Lois A. Bowers
Mar 30, 2020
Senior living residents and their family members have a better perception of the quality of care that operators are providing during the COVID-19 pandemic than do those who aren’t connected to senior...
Coronavirus bill provisions would ‘decimate’ senior living workforce, organizations say
By
Lois A. Bowers
Mar 17, 2020
Provisions in a multi-billion dollar bill to provide coronavirus-related relief to workers would “significantly curtail our caregiver workforce” and must be addressed, Argentum President and CEO James...
Capital Senior Living makes moves to improve financial position
By
Lois A. Bowers
Aug 07, 2020
Capital Senior Living plans to transfer operations and ownership of 18 senior living communities to Fannie Mae, the company announced Thursday. The move follows several steps Capital announced in May “to...
Where COVID-19 has affected occupancy most, least: survey
By
Lois A. Bowers
Jul 13, 2020
Independent living occupancy levels were the least affected by COVID-19 in late June and early July, and skilled nursing occupancy levels were the most affected, according to the results of a new survey....
HUD awards millions in ‘green’ funding to 17 affordable senior housing communities
By
Kathleen Steele Gaivin
Jun 26, 2024
Seventeen affordable seniors housing properties will receive funding ranging from $2.4 million to $20 million, the Department of Housing and Urban Development announced Tuesday as it makes available a...
Older adults’ net worth surges following pandemic
By
Kathleen Steele Gaivin
Mar 13, 2024
Home and stock prices have increased substantially since the COVID-19 pandemic, resulting in a $91,000 median increase in net worth between 2019 and 2022 for households headed by someone aged 65 or more...
Rising cost of employer-sponsored healthcare cutting into worker wages, study finds
By
Kathleen Steele Gaivin
Jan 17, 2024
Employers are paying more for healthcare insurance, and the costs are cutting into wages and contributing to growing income inequality. That’s according to research published Tuesday in the Journal of...
IRS plans to deny billions of dollars in ‘clearly improper’ employee retention credit claims
By
Kathleen Steele Gaivin
Jun 25, 2024
The IRS said it plans to deny tens of thousands of improper, high-risk employee retention credit claims from employers, totaling billions of dollars, after a review found “a large number of improper...
Slow recovery leads to healthcare spending decline for first time in 50+ years
By
Kathleen Steele Gaivin
Jul 28, 2022
For the first time in more than 50 years, inflation-adjusted healthcare spending declined, according to a research brief published Wednesday by research and consulting organization Altarum.
Welltower SHOP sees 4th consecutive quarter of 20+ percent NOI growth
By
Kathleen Steele Gaivin
Nov 01, 2023
Net operating income growth in Welltower’s senior housing operating portfolio exceeded 20% for the fourth consecutive quarter, CEO Shankh Mitra said Tuesday during the company’s latest earnings call.