The average expected likelihood of people working past age 62 decreased to 48.8% from 50.1% in July 2021, according to results of the July 2022 SCE Labor Market Survey released Monday by the Federal Reserve...
How to face staffing challenges head on: report
By
Kathleen Steele Gaivin
Aug 19, 2022
The long-term care industry is recovering from pandemic-related staffing shortages, but challenges remain. A new report from human resources, payroll and benefits outsourcing services company Paychex offers...
CCRC occupancy increased to 86 percent in second quarter: Ziegler
By
Kathleen Steele Gaivin
Aug 18, 2022
Overall occupancy in continuing care retirement / life plan communities increased to 86% in the second quarter in the 99 primary and secondary markets followed by NIC MAP, according to an article in the...
Western North Carolina sees first newly built CCRC in 20 years
By
Kathleen Steele Gaivin
Aug 16, 2022
Legacy at Mills River, projected to open in late 2024, will be the first new continuing care retirement community to be built in western North Carolina in more than 20 years.
Updated law expected to boost CCRC construction, expansions
By
Kathleen Steele Gaivin
Aug 15, 2022
An updated application and licensing process for continuing care retirement communities in South Carolina is expected to help drive more construction projects and create more housing for older adults in...
Construction loan closings for skilled nursing increased sixfold in first quarter: report
By
Kathleen Steele Gaivin
Aug 12, 2022
Nursing care saw a sixfold increase quarter over quarter in construction loan closings in the first quarter of 2022, according to the most recent Lending Trends Report published Thursday by the National...
Nursing home workforce recovery will take until 2026 without a ‘boost’: AHCA
By
Kathleen Steele Gaivin
Aug 09, 2022
Recovery to pre-pandemic staffing levels in nursing homes could take until 2026 unless the industry receives a “boost” from policymakers, the American Health Care Association said Monday.
Most US nursing homes provide at least some educational, retirement assistance for staff
By
Kathleen Steele Gaivin
Aug 03, 2022
Educational assistance and 401(k)/403(b) plans are among the fringe benefits highlighted nationwide in the 5th annual Nursing Home Salary & Benefits Report released by Hospital & Healthcare Compensation...
Nursing home staff turnover up 25 percent from last year: survey
By
Kathleen Steele Gaivin
Aug 01, 2022
The national nursing home staff turnover rate for all employees is up 25% from last year. That’s according to findings included in the 45th annual Nursing Home Salary & Benefits Report released Thursday...
Pace of move-ins remains steady for AL but declines for IL, SNFs: NIC
By
Kathleen Steele Gaivin
Jul 29, 2022
Throughout July, the pace of move-ins remained steady for assisted living communities (50%) but declined for independent living communities (31%) and nursing care homes (29%). That’s according to the...