Inflation, rising rates and mounting indications of a recession present challenges and opportunities for CareTrust REIT and its operating partners, President and CEO Dave Sedgwick said in discussing the...
Seniors housing construction costs escalating: brief
By
Lois A. Bowers
Aug 14, 2016
The tight labor market for skilled labor and trades in the construction industry is resulting in higher-than-expected cost escalation for seniors housing projects, according to a new issue brief.
Older adults’ medication cost ‘skyrockets year after year,’ senator says
By
Lois A. Bowers
Mar 27, 2018
Many of the brand-name medications most commonly taken by older adults increased in price by almost 10 times the average annual rate of inflation from 2012 to 2017, according to a Senate report released...
What issues must I address in 2019?
By
Jim Moore
Feb 02, 2019
You’ve got questions, we’ve got answers. Here are three challenges that operators will face during the years ahead.
Collaborative seeks to ‘fuel robust dialogue’ affecting costs of aging in US
By
Kimberly Bonvissuto
Jul 28, 2022
A national collaborative is advocating for the adoption of the Elder Index to better understand the true costs of aging in the United States and to prompt policies to improve standard-of-living measures.
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...
Many seniors feeling strapped for cash
By
Jim Moore
Dec 01, 2014
The Social Security administration recently announced a 1.7% annual cost-of-living adjustment, or COLA, for the nearly 64 million Americans who receive federal retirement or disability benefits.
American Senior Communities case defendant agrees to plead guilty
By
Lois A. Bowers
Dec 19, 2016
One of the defendants in the alleged $16 million fraud, kickback and money-laundering scheme involving former executives of American Senior Communities has agreed to plead guilty to charges against him,...
Lumber, labor continue to affect seniors housing construction: brief
By
Lois A. Bowers
Jan 26, 2018
Increased lumber costs and a labor shortage continue to be concerns in seniors housing construction projects across the country, according to a new brief prepared for the American Seniors Housing Association...
Senate drug pricing bill lowers costs for seniors
By
John O'Connor
Dec 10, 2019
A new version of a Senate drug-pricing bill would trim the amount seniors would pay for medications, advocates are claiming.