Energy efficiency improvements could help senior living tap into $400 billion in federal funds through...
By
Kimberly Bonvissuto
May 19, 2023
Senior living communities could be able to cash in on energy efficiency improvements through last year’s Inflation Reduction Act.
‘Organic’ immigration reform efforts necessary to move Congress, expert says
By
Kimberly Bonvissuto
May 18, 2023
In a political environment without an appetite for bipartisanship, efforts originating from other stakeholders will be necessary for immigration reform to occur, according to an immigration expert.
Senior living a ‘significant source of strength’ in Pennant’s portfolio, CEO says
By
Kimberly Bonvissuto
May 08, 2023
Growth in The Pennant Group’s senior living business continued with “impressive progress” in the first quarter, with occupancy growing for the fifth consecutive quarter, executives said Friday.
Increasing minimum wage would worsen assisted living workforce challenges, not fix them, coalition says
By
Kimberly Bonvissuto
May 02, 2023
A California bill that proposes increasing the minimum wage to $25 for direct care workers and support staff members has plenty of opponents, including senior living industry advocates.
More than three-fourths of Americans say inflation is affecting their ability to save enough money for retirement, including paying for long-term care, according to a new survey.
Up to 80 percent of older adults unable to afford 4 years of assisted living: study
By
Kimberly Bonvissuto
Apr 20, 2023
Up to 80% of older adults have modest assets and would be unable to afford four years in an assisted living community or more than two years of nursing home care, according to a new study.
Federal efforts to strengthen care economy fall short for senior living, advocates say
By
Kimberly Bonvissuto
Apr 19, 2023
President Biden’s executive order on strengthening the care economy, although well-intentioned, does not offer adequate solutions for long-term care in part because it does not support assisted living...
Independent living monthly fees surpass 2022 projections: Ziegler poll
By
Kimberly Bonvissuto
Apr 13, 2023
Independent living resident monthly fee increases aren’t just higher than previous years. They also have surpassed last year’s predictions, according to the result of a recent poll by specialty investment...
Top trends in senior living include organizational readiness, operational strategies
By
Kimberly Bonvissuto
Apr 05, 2023
Organizational readiness, and operational and reimbursement strategies, are themes emerging for the year for financial discussions among senior living and care operators.
Medicaid a major challenge to providing affordable assisted living, NCAL says
By
Kimberly Bonvissuto
Mar 30, 2023
The Medicaid program is one of the major challenges to the provision of affordable assisted living, according to a new white paper from the National Center for Assisted Living. At issue, according to the...