Many of your employees sure could use some debt relief. If you happen to be the agent of such assistance, you’d be more than a benevolent soul. You also might be the operator whose recruitment and retention...
SNF occupancy hits record low again in January: NIC report
By
Amy Novotney
Apr 06, 2021
Occupancy continued to be challenged as the skilled nursing industry navigated the first months of 2021, according to the latest monthly skilled nursing data report from the National Investment Center...
Senior living indirectly benefits from $5.3T in COVID-19 stimulus offers, but economists concerned about...
By
Amy Novotney
Mar 30, 2021
The U.S. federal government has passed an unprecedented $5.3 trillion in stimulus packages in an effort to help the economy recover from the COVID-19 pandemic. In the short term, these efforts appear to...
Construction costs up but contractor backlog down: ASHA brief
By
Lois A. Bowers
Mar 10, 2021
The cost of construction materials is up, due to “significant” swings in commodity pricing, and additional increases are expected in the spring, according to a new issue brief for the American Seniors...
Senior housing construction recovery likely to be slower than most commercial real estate sectors: report
By
Amy Novotney
Mar 05, 2021
After weathering an extremely volatile year, 2021 is expected to bring more stability to the construction industry, but recovery within senior housing is likely to take longer than other sectors as a result...
Florida tops WalletHub’s ‘2021 Best States to Retire’ list
By
Kimberly Bonvissuto
Jan 27, 2021
Deciding where to retire can be as difficult as deciding when to retire, thanks to the effect of the pandemic on retirement accounts and savings.
Raises from coast to coast: hourly minimum wage reaches or surpasses $15 in 2021
By
Kimberly Bonvissuto
Jan 06, 2021
Twenty states and 32 cities and counties increased their minimum wage as of Jan. 1, with 27 of these jurisdictions reaching or exceeding $15 an hour, according to the National Employment Law Project.
Industry leaders plead for fiscal relief
By
Amy Novotney
Oct 15, 2020
Citing a worsening pandemic, the American Health Care Association / National Center for Assisted Living warned again Wednesday that widespread financial challenges loom over many long-term care facilities.
Business briefs for Thursday, Sept. 17
Sep 17, 2020
Occupancy within New Senior Investment Group portfolio declined 0.5% in August to reach 83.9%, according to new company presentation … Fed to keep interest rates near zero, likely until at least...
Senior living renovation projects have stalled, but work related to most new developments and additions to existing campuses continues amid COVID-19, Larry Graeve, Chris Harrison and Amy Burk of The Weitz...