Ageism is barrier to re-entering workforce, retirees say
By
Kathleen Steele Gaivin
Sep 14, 2022
Due to inflation, a third of America’s retirees have at least considered returning to work, and 14% of current retirees say that they are open to or actively looking for work. Unfortunately, 43% of retirees...
Senior living occupancy on track for gain for 5th consecutive quarter
By
Kathleen Steele Gaivin
Sep 12, 2022
Senior living stabilized occupancy is on track for a gain for the fifth consecutive quarter, according to the National Investment Center for Seniors Housing & Care intra-quarterly snapshot released last...
Nursing home sales, closures, halts to admissions come as staffing shortages continue
By
Kathleen Steele Gaivin
Sep 12, 2022
As staffing shortages continue to plague nursing homes, sales, closures and admissions stoppages are becoming more frequent, according to respondents to a survey by the Long-Term Care Imperative, a collaboration...
CCRC demand remains robust: Fitch
By
Kathleen Steele Gaivin
Sep 09, 2022
Favorable demographic trends, with more Americans reaching retirement age, the ability to absorb cost inflation and good access to capital markets, will keep the continuing care retirement / life plan...
Executive Home Care acquires Assisted Living Locators
By
Kathleen Steele Gaivin
Sep 09, 2022
Hackensack, NJ-based Executive Home Care has acquired Scottsdale-based Assisted Living Locators, the in-home care provider announced Thursday. Financial terms of the deal were not disclosed.
‘Red-hot inflation’ drives senior living asking rates to record high
By
Kathleen Steele Gaivin
Sep 08, 2022
Senior living asking rates were driven to record highs in June compared with the previous year, as the Federal Reserve raised interest rates in response to “red-hot inflation,” according to Omar Zahraoui,...
HCBS direct care workforce growth outpaces assisted living, nursing home workforce growth
By
Kathleen Steele Gaivin
Sep 08, 2022
The direct care workforce has added 1.5 million new jobs, going from 3.2 million to 4.7 million, over the past decade, according to a new report by PHI. Home- and community based services direct care workforce...
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.
SNF occupancy declines slightly after 4 months of increases: NIC
By
Kathleen Steele Gaivin
Sep 07, 2022
After four months of increases, skilled nursing occupancy declined slightly in June, according to the latest Skilled Nursing Monthly Report from the National Investment Center for Seniors Housing & Care.
Rising operating expenses surpass staffing as top provider concern: NIC
By
Kathleen Steele Gaivin
Aug 26, 2022
Rising operating expenses are now the top-cited challenge for long-term care providers, according to the latest Executive Survey Insights report, released Thursday by the National Investment Center for...