Labor challenges a continued sore spot for CCRCs, Fitch Ratings says
By
Kathleen Steele Gaivin
Jul 24, 2023
Labor challenges are a continued pain point for continuing care retirement / life plan communities, according to a recent report from Fitch Ratings.
Business briefs, July 20
By
Kathleen Steele Gaivin
Jul 20, 2023
Long-term care staffing challenges need attention from policymakers, industry advocates say … ‘Never Alone Act’ ensures long-term care residents have access to advocates … Flat Footed requests...
Balancing costs, benefits a challenge in recruiting, retaining workers: survey
By
Kathleen Steele Gaivin
Jul 14, 2023
Battling increasing costs while investing in employee benefits often is a balancing act in the recruitment and retention of employees, according to the results of a survey from London-based global advisory,...
Inflation drops to lowest point in more than 2 years at 3 percent
By
Kathleen Steele Gaivin
Jul 14, 2023
At 3%, the inflation rate reached its lowest point last month since March 2021, according to the Bureau of Labor Statistics. That’s a full percentage point lower than the 4% reported in May.
Minimum staffing requirements good idea in theory only: AHCA/NCAL
By
Kathleen Steele Gaivin
Jul 13, 2023
A federal nursing home minimum staffing mandate “sounds like a good idea, but in practice, it is not,” American Health Care Association / National Center for Assisted Living President and CEO Mark...
Partnership aims to remove child care as a barrier to senior living work
By
Max Bachmann
Jun 29, 2023
A new partnership hopes to make jobs in senior living and care more attractive to parents currently struggling to find affordable child care that fits their schedule.
Wage inflation is a continued headwind for CCRCs, SNFs
By
Kathleen Steele Gaivin
Jun 13, 2023
Wage inflation remains a headwind continuing care retirement / life plan communities and skilled nursing facilities, according to Fitch Ratings in its latest about the sector
More than 60 percent of retirees wish they could get a ‘do-over’ in planning, survey finds
By
Kathleen Steele Gaivin
Jun 13, 2023
More than 60% of retirees would go back and plan differently for their retirement if they could, according to a survey by Lincoln Financial Group.
Benefits associated with family care are in high demand: survey
By
Kathleen Steele Gaivin
Jun 08, 2023
Almost half of the 608 American workers surveyed by Alegeus said they spend most or all of the annual benefits associated with family care that their employers offer. Those benefits include elder care,...
‘There’s always tension’: NCAL addresses fears of increased federal regulation of assisted living
By
Lois A. Bowers
Kimberly Marselas
Jun 07, 2023
Lobbying federal decision-makers for legislation that would benefit the assisted living sector may come with some risk of increased federal scrutiny, American Health Care Association / National Center...