Increasing personal needs allowance is about ‘dignity’ for residents, lawmakers say
By
Kimberly Bonvissuto
Mar 30, 2023
A bill proposing to double the monthly personal needs allowance for some senior living and other long-term care residents is about “dignity,” according to its sponsors.
Monthly fee increases in independent living hit historic high: Ziegler
By
Kathleen Steele Gaivin
Mar 28, 2022
Monthly fees for independent living residents increased at a higher rate than in previous years, and they are higher than predictions made last year, according to respondents to a survey by specialty investment...
Chronic kidney disease may be overestimated in the elderly
Sep 08, 2021
Using a fixed estimated glomerular filtration rate threshold rather than an age-adapted definition may overestimate the burden of CKD.
COVID, workforce, financial issues confront senior living providers as 2023 starts, leaders say
By
Lois A. Bowers
Jan 03, 2023
Addressing the burnout plaguing existing employees while working to entice others to join the industry will be a focus of providers in 2023.
Not-for-profit life plan communities brace for inflationary pressures, other challenges: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 07, 2022
Following a “comeback year” in 2021, continuing care retirement / life plan communities are bracing for economic challenges ahead, according to a new report from Fitch Ratings.
Senior living M and A drops in 1Q to lowest since 2021
By
Kathleen Steele Gaivin
Jun 08, 2023
Mergers and acquisition activity slowed to approximately 32 transactions per month in the first quarter of 2023. This marks the lowest M&A activity the senior living industry has seen since 2021, according...
Recession-proof senior housing REITs a ‘good bet’ for investors
By
Kathleen Steele Gaivin
Jul 14, 2022
Debate exists among experts about whether the United States is heading for recession or already is there, but there is some agreement that senior housing is a recession-proof investment.
Canceling overtime changes would benefit employers, real family income, CBO says
By
Lois A. Bowers
Nov 14, 2016
Canceling changes to overtime regulations that are set to go into effect Dec. 1 would reduce private-sector employers’ payrolls and compliance costs and would increase profits, according to an analysis...
Ready for some labor pains?
By
John O'Connor
Apr 01, 2015
We don’t know by how much, but labor costs will soon rise.
Property, professional liability insurance costs major culprit as operating expenses increase
By
Kathleen Steele Gaivin
Oct 21, 2022
Increases in property and professional liability insurance costs are major contributors to runaway operating expenses for long-term care providers, according to results of the latest Executive Survey Insights...