Year-over-year costs for assisted living rose just 0.8% from 2015 to 2016, according to Genworth’s latest Cost of Care Study, but the picture doesn’t look as rosy when one takes the long view.
Two New England states most expensive for assisted living
By
Lois A. Bowers
Apr 24, 2016
Two New England states are home to the most expensive assisted living apartments, based on average monthly rates charged for apartments there, according to a new website launched by Lincoln Financial Group.
It’s a good time for a move to senior living, data show
By
Lois A. Bowers
Apr 20, 2016
Annual senior living costs increased 2.7% from 2014 to 2016, according to new data released by senior living referral service A Place for Mom. The increase outpaces inflation but still beats the housing...
California operator braces for planned $15 minimum wage
By
Lois A. Bowers
Mar 29, 2016
One of California’s largest senior living operators is planning changes in the wake of Gov. Jerry Brown’s March 28 announcement of a deal that will make the Golden State the first to commit...
Older Americans Act reauthorization appears destined for president’s desk
By
Lois A. Bowers
Mar 21, 2016
A bill reauthorizing the Older Americans Act appears destined for the president’s desk after the U.S. House of Representatives passed a version of S. 192 March 21.
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...
2.7% income growth predicted for U.S. in 2016
By
Lois A. Bowers
Jan 12, 2016
U.S. workers will see real income growth of 2.7% in 2016, buoyed by low inflation, predicts a salary forecast by Korn Ferry Hay Group.
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.
OIG: Medicaid could save $1.4 billion by requiring rebates from generic drug makers
By
John O'Connor
Dec 21, 2015
Requiring generic drug makers to pay rebates when they raised prices faster than inflation would have trimmed $1.4 billion from Medicaid outlays over the past decade, notes a report from the Office of...
Prioritize older adults, nonprofits tell members of Congress
By
Lois A. Bowers
Nov 24, 2015
Programs enabling the dignity, health and independence of older adults should be funded at appropriate levels, members of the Leadership Council of Aging Organizations wrote in a letter.