Proposed HCBS rule could diminish service access, hamper provider retention efforts, 11 senators tell...
By
Lois A. Bowers
Feb 20, 2024
A proposed federal rule that would require providers of home- and community-based services to spend at least 80% of the Medicaid payments they receive for personal care, homemaker and home health aide...
Black and Hispanic older adults in ‘Forgotten Middle’ are ‘worst off’
By
Lois A. Bowers
Feb 16, 2024
Trends in home ownership and equity, income, health and other issues indicate that millions of middle-income Black, Hispanic or rural older adults may not have the financial resources they need to pay...
Cracking the code on employee retention
By
Lois A. Bowers
Feb 12, 2024
Success for senior living operators will depend on finding ways to attract and keep high-quality employees, and the results of a new survey could help employers crack the code.
Healthpeak sees record year for CCRC entrance fees, cash collection, as merger, potential portfolio sale...
By
Lois A. Bowers
Feb 12, 2024
Denver-based Healthpeak Properties saw a record year of entrance fee sales and cash collection in 2023 for its portfolio of 15 continuing care retirement communities, Chief Financial Officer Pete Scott...
Omnicare notifying workers of layoffs this week
By
Lois A. Bowers
Jan 30, 2024
Cincinnati-based long-term care pharmacy provider Omnicare is announcing layoffs this week as a result of a review of operations “and other market dynamics,” a company representative told McKnight’s...
Assisted living CEO salaries up 2 percent
By
Lois A. Bowers
Jan 24, 2024
Average salaries for assisted living community presidents/CEOs across the country increased 2% over the past year, up from the 1.33% increase that the executives received in the previous year but down...
‘Profound’ financial, workforce challenges persist for senior living providers as 2024 begins
By
Lois A. Bowers
Jan 02, 2024
Senior living operators will continue to face inflationary pressures and capital market challenges in 2024, but some effects may lessen before the year is out, according to senior living industry experts....
Brookdale Senior Living sells remaining interest in home health, hospice, therapy business, sees $27...
By
Lois A. Bowers
Dec 27, 2023
Brookdale Senior Living has sold the remaining 20% equity interest it held in its Health Care Services unconsolidated venture and received aggregate proceeds of approximately $27 million in the process,...
Big senior living stories of 2023
By
Lois A. Bowers
Dec 21, 2023
The long shadow of the pandemic continued to recede in 2023, although the senior living profession continued to feel its effects. The COVID-19 public emergency ended May 11. Wage growth has declined but...
Quality, safety, accountability vital, industry leaders say, as Washington Post report cites deaths at...
By
Lois A. Bowers
Dec 18, 2023
Senior living industry leaders stressed their belief in the importance of quality, safety and accountability Sunday in response to a package of articles in the Washington Post titled “Memory Inc.,”...