Biden administration calls for crackdown on misleading Medicare ads
Dec 15, 2022
The new rule would ban ads that have confusing words, imagery or logos or that do not specifically mention a health insurance plan by name.
Business briefs, Dec. 15
By
Kathleen Steele Gaivin
Dec 15, 2022
Ruling clears way for class-action suit over CCRC refunds … CPI rose less than expected in November … Re-imagining Long-Term Care Task Force delayed; lawmakers ask why
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...
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...
Business briefs, Nov. 18
By
Alicia Lasek
Nov 18, 2022
Senior living move-ins slowing, with independent living posting fifth consecutive decrease: NIC … DOJ targets state’s housing of mentally ill in nursing homes … Senators introduce bill to...
AARP: Older adults’ contribution to global GDP expected to increase dramatically by 2050
By
Kathleen Steele Gaivin
Nov 14, 2022
Older adults contributed $45 trillion to the global gross domestic product in 2020, according to AARP’s recently released Global Longevity Economy Outlook.