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.
Healthcare costs in retirement expected to increase
By
Alyssa Salela
Jun 25, 2017
Healthcare costs are expected to continue rising faster than inflation and Social Security, according to a recent report.
Ventas shares plan to counter ‘policy whiplash’
By
Lois A. Bowers
Apr 30, 2017
“A little bit of policy whiplash” at the federal level is affecting the business world, Ventas Chairwoman and CEO Debra Cafaro told analysts and others participating in a first-quarter earnings...
Senior living cost growth may surprise potential residents — in a good way
By
Lois A. Bowers
Apr 25, 2017
Growth in costs for assisted living and memory care probably runs counter to what most people think, according to a report released Tuesday.
Per-capita Medicaid cap could reduce dual-eligible spending by $44 billion over 10 years
By
Lois A. Bowers
Apr 20, 2017
A per-capita cap on federal Medicaid funding growth based on medical inflation could reduce spending on dual-eligible beneficiaries by $44 billion over the next 10 years, according to new research.
Type A and C contracts increasing in popularity with CCRCs
By
Lois A. Bowers
Apr 13, 2017
Type A and C entry-fee contract use has become more common in continuing care retirement communities over the past 10 years, whereas type B contract and rental agreement use has become less common, according...
Assisted living occupancy falls to lowest level since 2010
By
Lois A. Bowers
Apr 12, 2017
Occupancy for assisted living in the first quarter of 2017 averaged 87.2%, its lowest level since early 2010, according to data released Wednesday by the National Investment Center for Seniors Housing...
HUD faces $6 billion in cuts in proposed budget
By
Lois A. Bowers
Mar 09, 2017
The U.S. Department of Housing and Urban Development could face a budget cut of as much as $6 billion, affecting low-income seniors, developers of affordable housing and others, under the fiscal year 2018...
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.
Where assisted living is the most and least expensive: survey
By
Lois A. Bowers
Feb 15, 2017
Average monthly assisted living costs range from $3,051 for a studio apartment in Louisiana to $6,936 for a two-bedroom apartment in Delaware, according to the state results of Lincoln Financial Group’s...