Survey: 43 percent of baby boomers are worse off financially after 2022
By
Kathleen Steele Gaivin
Jan 13, 2023
Forty-three percent of baby boomers — the generation born between 1946 and 1964 — are worse off financially than they were a year ago, according to the results of a recent survey by Fidelity Investments.
Capital Funding Group finished ‘very strong year,’ financing more than $2.7B
By
Kathleen Steele Gaivin
Feb 15, 2023
Capital Funding Group financed more than $2.7 billion in projects in 2022, financing solutions provider for multifamily properties and healthcare facilities disclosed Tuesday in a press release.
Business briefs, June 24
By
Kathleen Steele Gaivin
Jun 24, 2022
$18 million tech startup eyes creating efficiencies specifically for assisted living … Sinceri Senior Living communities use virtual reality headsets for resident programming … TIAA, Azzi Fudd and...
Business briefs, July 12
By
Kathleen Steele Gaivin
Jul 12, 2021
Man arrested in assassination of Haiti’s president has ties to U.S. senior living industry … Fitch rates The Mayflower revenue bonds at BB+; outlook is stable … S&P Global Ratings downgrades...
Demographics drive retirement saving disparities
By
Kathleen Steele Gaivin
Dec 18, 2023
Just 24% of Americans believe that they are behind in feathering their retirement nests, although retirement savings rates vary dramatically across demographic segments, according to survey results released...
Massachusetts AG will appeal court decision to dismiss landmark COVID case alleging nursing home neglect
By
Kathleen Steele Gaivin
Dec 16, 2021
Massachusetts Attorney General Maura Healey filed a notice of appeal Tuesday in Hampden County Superior Court seeking to overturn a lower court’s dismissal of criminal charges lodged against two leaders...
On-campus clinic brings primary care to senior living residents
By
Kathleen Steele Gaivin
Apr 25, 2022
Springfield Masonic Community and Dayton, OH-based Premier Health officially began operating the senior living community’s on-campus clinic April 4, with services ranging from routine primary care to...
Business briefs, July 30
By
Kathleen Steele Gaivin
Jul 30, 2021
AHCA/NCAL backs mandatory COVID-19 vaccination for long-term care workers … Bipartisan bill would extend Provider Relief Fund spending deadline … Mississippi State Medical Association calls for vaccine...
Lawsuit claims operator failed to protect cognitively impaired resident from sexual assault
By
Kathleen Steele Gaivin
Dec 10, 2021
A lawsuit filed by “Jane Doe” through her guardian Carol Smith names Assisted Living by Hillcrest LLC and West Bend Mutual Insurance as defendants for allegedly failing to protect Doe — a resident...
Union membership drops to lowest percentage on record, but overall number increases
By
Kathleen Steele Gaivin
Jan 24, 2023
The union membership rate is at its lowest percentage on record, and the percentage of paid workers who were members of a union decreased to 10.1% in 2022 from 10.3% in 2021, according to the US Bureau...