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...
Larger employers should be required to offer retirement plans, group says
By
Lois A. Bowers
Jun 09, 2016
Requiring most employers to offer retirement plans for their workers would help ensure that Americans have enough money to pay for their needs after they stop working, the nonprofit Bipartisan Policy Center...
Cafaro: Ventas remains committed to senior living
By
Lois A. Bowers
Feb 15, 2016
Although Ventas grabbed headlines for two actions outside of the senior housing sector in 2015, the REIT remains committed to senior living, Chairwoman and CEO Debra Cafaro told investors in a Feb. 12...
$25 million in COVID-19 payments will support 211 long-term care organizations
By
Lois A. Bowers
Aug 08, 2022
One-time payments totaling $25 million will be issued to 211 long-term care organizations in Maine to help them recover from the pandemic, Gov. Janet Mills (D) announced Thursday.
What’s ahead for seniors housing in 2016
By
Lois A. Bowers
Jan 10, 2016
Demand for seniors housing will continue in 2016, NIC’s chief economist predicts, but assisted living operators and investors have reason for caution.
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.
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.
Another defendant in American Senior Communities fraud case agrees to plead guilty
By
Lois A. Bowers
Nov 27, 2017
Another defendant in the alleged $16 million fraud, kickback and money-laundering scheme involving former executives of American Senior Communities has agreed to plead guilty to charges against him.
OIG plans review of Medicaid waivers, employee background checks, more
By
Lois A. Bowers
Nov 10, 2016
Reviews of Medicare and Medicaid payments, fraud and abuse, and employee background check efforts are some of the items on the agenda for the Department of Health and Human Services Office of Inspector...
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.