Inflation Reduction Act provides $25B for affordable housing … Amazon pulling plug on Amazon Care … Fitch Ratings affirms Friends Homes at BBB-; outlook stable … Bright Star acquires eight franchises...
Affiliations, acquisitions part of growth strategy for a third of operators: Ziegler
By
Kimberly Bonvissuto
Aug 25, 2022
Affiliations and acquisitions are top of mind for senior living and care executives contemplating growth strategies for the next two years, according to the results of the latest Ziegler CFO Hotline survey.
Senior living, skilled nursing lead the way in healthcare bankruptcy filings
By
Kimberly Bonvissuto
Aug 24, 2022
Healthcare bankruptcy filings are up 25% this year overall, with the senior care sector — including senior living and skilled nursing — leading the way, according to the results of a new survey by...
5-star SNF cites staffing issues in closure notice
By
Kathleen Steele Gaivin
Aug 19, 2022
Citing staffing and other issues, Clairemont Healthcare & Wellness Center LLC, doing business as Abby Gardens Healthcare Center, plans to close by the end of the year. The San Diego skilled nursing facility...
31 percent of retirees say inflation could motivate return to workforce
By
Kathleen Steele Gaivin
Aug 18, 2022
Approximately one-third of retirees say they would be motivated to return to the workforce if inflation continues to eat into their savings, according to an American Staffing Association Workforce Monitor...
Inflation Reduction Act has mixed value for older adults, experts say
By
Kathleen Steele Gaivin
Aug 17, 2022
President Biden signed into law Tuesday the Inflation Reduction Act, which has significant healthcare provisions. According to one industry expert, however, the legislation falls short on helping older...
How will new federal legislation cut drug costs?
Aug 12, 2022
Under the law, Medicare will now be allowed to negotiate the cost of some drugs, and vaccines will be free for Part D recipients.
59 percent of adult children cannot afford assisted living, home care for parents: survey
By
Kathleen Steele Gaivin
Aug 10, 2022
Fifty-nine percent of adults aged 40 to 55 who have parents said they will not be able to pay for in-home nursing care or life at an assisted living community for them
Earnings calls wrap-up: Brookdale, NHI, Pennant Group
By
Kathleen Steele Gaivin
Aug 10, 2022
Second-quarter earnings calls continued Tuesday with updates from Brookdale Senior Living, National Health Investors and the Pennant Group.
Inflation Reduction Act called a ‘game-changer’
By
Kathleen Steele Gaivin
Aug 09, 2022
Medicare beneficiaries will not have to pay more than $2,000 per year for their medications, and beneficiaries with diabetes will not have to pay more than $35 per month for insulin, under the terms of...