‘Aggressive’ rate increases needed in long-term care: ESI
By
Kathleen Steele Gaivin
Oct 13, 2022
Due to increased debt costs and other inflationary pressures, rate increases in long-term care are inevitable, Evans Senior Investments Director Kris Lowes said Wednesday. He called for operators to “aggressively...
25-member collaborative calls for Medicare, Medicaid eligibility changes
By
Kathleen Steele Gaivin
Jun 09, 2022
Twenty-five national and local organizations have signed on to an effort calling for the standard-of-living measures used to determine eligibility for programs such as Medicare, Medicaid, taxes, food assistance...
Tackle housing affordability with existing bipartisan solutions, coalition tells Congress
By
Kimberly Bonvissuto
May 25, 2023
A coalition including the American Seniors Housing Association and 18 real estate-related organizations is encouraging members of Congress to pursue solutions to increase the housing supply in all markets,...
Senior living construction challenges continue post-pandemic: NIC
By
Kimberly Bonvissuto
Dec 20, 2023
A combination of challenges have prolonged timelines for senior living projects since the onset of the COVID-19 pandemic, and those delays will become even more problematic as the senior living industry...
Genworth: Acuity, luxury drive up assisted living costs 3.36% in 2017
By
Lois A. Bowers
Sep 27, 2017
The annual median cost of assisted living increased 3.36% from 2016 to 2017, according to the Genworth 2017 Cost of Care Survey, released Tuesday. There are two main reasons.
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...
Healthcare sees highest Chapter 11 bankruptcy filings in 15 years: report
By
Kathleen Steele Gaivin
May 18, 2024
Chapter 11 bankruptcies in healthcare, including senior living reached a multiyear high in the first quarter of 2024. That’s according to the newest Polsinelli-TrBK Distress Indices Report, published...
Life care contract most common type for Texas CCRCs: report
By
Lois A. Bowers
Feb 27, 2017
Ziegler and My LifeSite analyzed data from 32 providers in the Lone Star State to produce a new benchmarking report on the characteristics of continuing care retirement communities there.
Operator error means some could miss out on $100,000 or more in Provider Relief Fund payments
By
Kimberly Bonvissuto
Jun 07, 2022
Provider error could mean the loss of $100,000 or more in Provider Relief Fund monies for some senior living organizations.
Another defendant in American Senior Communities fraud case agrees to plead guilty
By
Lois A. Bowers
Nov 27, 2017
Another defendant in the alleged $16 million fraud, kickback and money-laundering scheme involving former executives of American Senior Communities has agreed to plead guilty to charges against him.