Job growth in the private sector slowed in July for the fourth consecutive month, with the addition of 122,000 jobs, according to the monthly ADP National Employment Report Economy Lab report, published...
Fee-for-service skilled nursing utilization stable but still below pre-pandemic levels
By
Kathleen Steele Gaivin
Jul 22, 2024
National fee-for-service skilled nursing facility utilization has been stable year over year from the third quarter of 2023 to the third quarter of this year, but utilization remains 2 percentage points...
Generation after Baby Boom especially concerned about financial stability in retirement, study finds
By
Kathleen Steele Gaivin
Jul 18, 2024
Fifty-one percent of pre-retirees aged 50 or more years, as well as some retired Americans, are considering delaying or coming out of retirement, according to the results of a new survey from F&G Annuities...
Christian Horizon files for bankruptcy under Chapter 11, will continue operations during restructuring
By
Kathleen Steele Gaivin
Jul 17, 2024
Joining a growing number of struggling senior living and care providers, Midwest Christian Villages, doing business as Christian Horizons, on Tuesday filed for reorganization under Chapter 11 bankruptcy.
Poor health exacerbates financial stress, but it’s not the worst among seniors
By
Kathleen Steele Gaivin
Jul 16, 2024
Poor health exacerbates financial stress among Americans, but it’s worse for those aged 50 to 64 than it is for those aged 65 or more years — people who often are on fixed incomes.
Genworth launches first LTC insurance plan in 5 years as Washington state residents consider ‘crazy’...
By
Kathleen Steele Gaivin
Jul 12, 2024
The one-year anniversary of the effective date of Washington’s first-in-the nation mandatory, tax-based long-term care insurance program passed on July 1, but voters will have the opportunity to...
Powell hints that lower interest rates may be on the horizon
By
Kathleen Steele Gaivin
Jul 11, 2024
Interest rates may start to go down soon, Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Tuesday during the Semiannual Monetary Policy Report to the Congress.
More than half of healthcare workers report stress over state of finances
By
Kathleen Steele Gaivin
Jul 11, 2024
These are challenging times for healthcare workers, with more than half (57%) of them experiencing stress over the state of their finances. That’s according to new research from the Harris Poll and on-demand...
Retirement savings rates set new records, Vanguard says
By
Kathleen Steele Gaivin
Jul 02, 2024
Americans are paying into retirement savings at a record rate, according to Valley Forge, PA-based Vanguard. That could be good news for senior living providers down the road.