Economy showing ‘nascent signs of softening,’ expert says, but mild recession may be on horizon
By
Kathleen Steele Gaivin
Dec 08, 2022
The consumer price index increased 7.7% from October 2021 to October 2022, marking the smallest 12-month advance since January.
Life plan community outlook ‘deteriorating’ in 2023: Fitch Ratings
By
Kathleen Steele Gaivin
Dec 07, 2022
The outlook for continuing care retirement / life plan communities is “deteriorating” due to continued labor challenges and a “softening broader economy.” That’s according to a newly released...
People in the news, Dec. 6
Dec 06, 2022
Appointments, promotions and other news at Arden 55+ Living, ATI Advisory, Ecore International, EmpowerMe Wellness, Georgia Health Care Association, HMP Senior Solutions, Lutheran Services in America,...
19 percent worried they can’t afford senior living due to inflation: survey
By
Lois A. Bowers
Dec 05, 2022
Almost 19% of respondents to a recent survey said that they are concerned that inflation will not allow them to continue to afford senior living or home care.
Senior living trends, challenges to watch in 2023
By
Lynne Moore
Dec 05, 2022
Things are improving, but in 2023, issues still will need to be addressed.
Financial options dwindling for troubled operators
By
John Hall
Dec 02, 2022
Inflationary pressures on goods, services and especially labor are compounding dicey situations for providers, worried observers agree.
Poll: 68 percent of healthcare workers find it stressful to manage their finances
By
Kathleen Steele Gaivin
Dec 02, 2022
Healthcare workers are worried about finances, and it’s affecting their health, according to the results of a recent poll conducted by Harris Poll on behalf of IntelyCare and DailyPay.
Providers seek $600 million to help offset increasing operating costs
By
Kimberly Bonvissuto
Dec 01, 2022
An Ohio senior living and care advocacy organization is asking the state for another $600 million to help assisted living and other long-term care providers offset the increased costs of providing care.
Proposed changes could double budget rate increase for affordable senior housing providers
By
Kimberly Bonvissuto
Nov 22, 2022
A proposed change in how operating costs are calculated for affordable housing communities is projected to double the annual budget rate increase for those providers in 2023.
American Healthcare REIT ‘optimistic’ about senior housing despite third-quarter performance
By
Alicia Lasek
Nov 18, 2022
Senior housing remains a “challenge,” but American Healthcare REIT is expecting to rebuild occupancy across its portfolio as inflationary pressures ease, the company told investors in a third-quarter...