COVID impact on senior living on track to reach $17 billion, ASHA says, requesting relief
By
Lois A. Bowers
Nov 12, 2020
As the financial impact of the coronavirus pandemic on senior living is on track to reach $17 billion annually, providers need more funds to cover additional expenses and lost revenue, and they need new...
Pandemic not dampening desire for luxury retirement living
By
Lois A. Bowers
Apr 21, 2020
A pandemic is not preventing Moorings Park Grande Lake in Naples, FL, from opening and continuing to attract interest. “We have closed over $77 million in sales during the last two weeks,” a Moorings...
‘We can no longer ignore this’: Affordable long-term care is urgent priority, panelists say
By
Kimberly Bonvissuto
Dec 10, 2020
The nation’s population is aging, and with 70% of Americans aged 65 or more years requiring long-term care at some point, access to affordable care is becoming an urgent priority, according to panelists...
Senior living asking rates hit near-record highs year over year: NIC
By
Kathleen Steele Gaivin
May 30, 2023
Growth for asking rates for independent living, assisted living and memory care each hit “near record highs” in the first quarter, National Investment Center for Seniors Housing & Care Chief Economist...
Report: Pricing, sales activity declines could come in 2016
By
Lois A. Bowers
Jan 12, 2016
Concerns related to overbuilding could lead to declines in pricing and sales activity in some senior housing markets in 2016, predicts Integra Realty Resources.
EEOC aims to strengthen protections for temporary, older and LGBTQ+ workers
By
Kathleen Steele Gaivin
Jan 13, 2023
The Equal Employment Opportunity Commission will increase its focus on protecting people with disabilities, older workers, LGBTQ+ individuals and temporary workers over the next five years, according to...
Wages increase 5 to 6 percent for assisted living direct care workers
By
Kathleen Steele Gaivin
Jan 26, 2024
Average wages for assisted living direct care workers — certified nursing assistants, registered nurses, licensed practical nurse, medication aides and resident assistants — have increased by 5% to...
Most think caregivers have ‘no promising way to develop or ascend’ career ladder, survey finds
By
Kathleen Steele Gaivin
Apr 26, 2023
Most Americans do not view a caregiving career as a path to personal fulfillment, according to a report from the nonprofit think tank FrameWorks Institute.
To attract home care employees, treat them like healthcare workers, expert says
By
Diane Eastabrook
Mar 31, 2021
The pandemic highlighted the numerous challenges the home care industry faces as the U.S. population ages, Robert Espinoza, PHI vice president of policy for the nonprofit PHI, which tracks the direct care...
The ‘Walmart effect’ intensifies
By
Lois A. Bowers
Feb 16, 2016
In an environment where Walmart already is a threat to senior living staff recruiting and retention efforts, impending changes from the retailer should concern providers.