Low-wage workers experience historically fast wage growth: report
By
Kathleen Steele Gaivin
May 01, 2023
Low-wage workers experienced wage growth of 9% between 2019 and 2022. That’s a historically fast real wage growth over the three-year span, especially in a period of economic inflation, according to...
Updated: CMS proposes mandatory quality measures, other changes to HCBS program
By
Lois A. Bowers
Apr 27, 2023
Some quality measures for home- and community-based services would become mandatory under a proposed rule announced Thursday by the Centers for Medicare & Medicaid Services. Several other changes related...
Senior living faces lingering workforce, financial challenges, provider groups say
By
Kimberly Bonvissuto
Apr 27, 2023
Although the COVID-19 pandemic led to increased costs, decreased revenue and exacerbated staffing shortages across the healthcare continuum, assisted living providers weathered those challenges with fewer...
Operators push rental, care rates to recapture increased operating costs
By
Kimberly Bonvissuto
Apr 24, 2023
Although senior living rental rates have increased higher than expected, creativity in pushing care rates was an even bigger surprise as operators look for ways to recapture increased operating costs,...
Federal efforts to strengthen care economy fall short for senior living, advocates say
By
Kimberly Bonvissuto
Apr 19, 2023
President Biden’s executive order on strengthening the care economy, although well-intentioned, does not offer adequate solutions for long-term care in part because it does not support assisted living...
Construction executives remain pessimistic about economy
By
Kathleen Steele Gaivin
Apr 19, 2023
Construction executives remain somewhat pessimistic about the economy, with the Construction Confidence Index — which measures executive sentiment about where
the market is headed in the near future...
Long-term care mergers and acquisitions drop 13 percent from last quarter
By
Kathleen Steele Gaivin
Apr 18, 2023
Mergers and acquisitions in senior living and skilled nursing in the first quarter included just 98 transactions. That’s 13% fewer than the 112 transactions that occurred in the fourth quarter of 2022,...
Inadequate reimbursement threatens older adult access to assisted living
By
Michael S. Pochowski
Apr 17, 2023
A recent Washington Post article gave an incomplete view of the reality facing assisted living providers related to Medicaid reimbursement.
Smaller is better, says this senior living operator
By
Kathleen Steele Gaivin
Apr 17, 2023
Bringing a smaller, home-like feel to assisted living and memory care has become a mission for Brandon Schwab, founder and CEO of Crystal Lake, IL-based Shepherd Premier Senior Living, the operating company...
OSHA workplace violence rule shouldn’t be ‘one-size-fits-all’ or duplicate existing requirements,...
By
Kimberly Bonvissuto
Apr 13, 2023
Advocates for senior living and other aging services providers are asking the federal government to grant providers flexibility and not duplicate existing requirements as a potential federal workplace...