Budget deal has winners, losers, senior living officials say
By
Lois A. Bowers
Oct 27, 2015
The tentative budget deal that congressional leaders and President Barack Obama reached Monday contains good news for some and bad news for others, according to senior living industry officials.
Two more sentenced in American Senior Communities fraud scheme
By
Lois A. Bowers
Jul 10, 2018
Two more defendants were sentenced Monday for their roles in a $19.4 million fraud, kickback and money-laundering scheme that previously led to prison terms for two former American Senior Communities executives.
What the growing wealth gap could mean for senior living
By
Lois A. Bowers
May 21, 2018
Could the future success of the senior living industry depend on actions that might affect near-term success?
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...
CCRC monthly rate increases for 2018 will average 3.1%
By
Lois A. Bowers
Nov 20, 2017
Continuing care retirement communities plan to raise their monthly fees for existing independent living residents an average of 3.1% in 2018, according to a recent poll of 160 chief financial officers...
Retirement community adviser pleads guilty to $1.2 million fraud scheme
By
Lois A. Bowers
Dec 14, 2015
A former investment adviser said she defrauded more than two dozen retirees and others over 10 years beginning in 2003. Her husband pleaded guilty to charges related to the scheme, too.
Prioritize older adults, nonprofits tell members of Congress
By
Lois A. Bowers
Nov 24, 2015
Programs enabling the dignity, health and independence of older adults should be funded at appropriate levels, members of the Leadership Council of Aging Organizations wrote in a letter.
Brookdale faces SNF lawsuit from coalition including Biden’s pick for HHS secretary
By
Lois A. Bowers
Mar 16, 2021
A lawsuit filed Monday accuses Brookdale Senior Living of lying to the Centers for Medicare & Medicaid Services to inflate the star ratings awarded to some of its skilled nursing facilities. The legal...
Where assisted living is the most and least expensive: survey
By
Lois A. Bowers
Feb 15, 2017
Average monthly assisted living costs range from $3,051 for a studio apartment in Louisiana to $6,936 for a two-bedroom apartment in Delaware, according to the state results of Lincoln Financial Group’s...
What Brexit means to U.S. seniors housing
By
Lois A. Bowers
Jun 30, 2016
Beth Burnham Mace, chief economist for the National Investment Center for Seniors Housing & Care, explains the potential broad effects of the United Kingdom decision to leave the European Union and how...