Senior living hourly wages outpace private sector, but competition for workers continues
By
Kimberly Bonvissuto
Apr 24, 2024
Hourly wages in senior living communities have increased by 30.9% over the past five years, outpacing growth in the broader private sector by 6.5 percentage points. But the labor market remains “exceptionally...
US Senate launches investigation of assisted living after lay media reports about safety, staffing, pricing
By
Kimberly Bonvissuto
Jan 17, 2024
The US Senate Special Committee on Aging is launching a review of the assisted living industry following recent articles in the Washington Post, which reported on the deaths of residents who wandered from...
PPE hoarding, price gouging now a crime, attorney general says; CEO cites ‘misplaced hierarchy’...
By
Lois A. Bowers
Mar 27, 2020
It is now a crime to hoard or price-gouge personal protective equipment, drugs and certain other health and medical resources that are scarce or threatened and needed to respond to the COVID-19 pandemic,...
‘Out of control’: Panelists share frustrations, solutions to managing cash flow during pandemic
By
Kimberly Bonvissuto
Sep 24, 2020
The global coronavirus pandemic has created a “tsunami” of decreasing occupancy, coupled with increasing costs related to personal protective equipment and labor, to create an operating environment...
Operator offers new perk for long-term employees: free care after retirement
By
Lois A. Bowers
Feb 01, 2017
A Virginia senior living operator is offering a new benefit to workers with at least 20 years of service: free care at their places of employment after retirement.
Argentum apprenticeship program exceeds first-year expectations
By
Kathleen Steele Gaivin
Jul 02, 2021
Argentum’s apprenticeship program has passed the 1,200-participant goal in its first year of funding from a $6 million Department of Labor Employment and Training Administration Closing the Skills Gap...
New report offers 4 ideas to meet the needs of the ‘forgotten middle’
By
Kimberly Bonvissuto
Jan 10, 2024
A new report released Tuesday by the Milken Institute presents four potential solutions to improving the financing and delivery of housing for the “forgotten middle,” those whose incomes are too low...
Economist’s solution for Medicare, Medicaid funding woes? Term limits
By
Lois A. Bowers
Oct 19, 2018
Imposing term limits on elected officials would help solve funding issues for Medicare, Medicaid and Social Security, Gary D. Cohn, former director of the National Economic Council in the Trump administration,...
Specialty positions pick up in long-term care
By
Kathleen Steele Gaivin
Feb 02, 2023
Specialty positions are on the rise within senior living and care companies, according to specialty investment bank Ziegler
Proposed national paid leave program could ‘open up larger conversation’
By
Kathleen Steele Gaivin
Mar 15, 2024
President Joe Biden’s proposed budget for 2025 includes a measure to establish a national paid family and medical leave program. The program would be administered by the Social Security Administration.