Demand for healthcare workers still outpaces supply
By
Kathleen Steele Gaivin
Sep 06, 2023
Although the unemployment rate sits at 3.8% as of Friday, the healthcare industry remains an outlier.
Proposed overtime rule would worsen workforce, resident access issues, provider groups fear
By
Lois A. Bowers
Aug 31, 2023
A Labor Department-proposed rule that would make approximately 3.6 million more salaried workers and so-called highly compensated employees eligible for overtime pay is “ill-timed” and would worsen...
Healthcare execs eye new revenue streams, talent retention, survey finds
By
Alicia Lasek
Aug 29, 2023
US companies are upbeat about the future, focused on reinvention and less concerned about recessionary trends, according to PwC’s August 2023 Pulse Survey. But healthcare leaders cited talent retention...
Health issues limit work potential for a fifth of younger baby boomers
By
Alicia Lasek
Aug 29, 2023
Health-related issues appear to be hampering the job prospects of the baby boomer population’s youngest cohort, according to new data from the Bureau of Labor Statistics.
Ending, delaying retirement pondered by half of Americans in survey
By
Kathleen Steele Gaivin
Aug 24, 2023
Fifty percent of pre-retirees and retired workers are considering delaying or coming out of retirement, respectively, according to the results of a survey from F&G Annuities & Life.
Proposed legislation has dual benefits for older adults, long-term care workforces
By
Kimberly Bonvissuto
Aug 22, 2023
A bill that would remove a barrier to re-entry into the workforce by early retirees could also be a big win for a senior living sector looking to rebuild its workforce in the wake of the COVID-19 pandemic.
Late boomers lag in retirement savings: report
By
Kathleen Steele Gaivin
Aug 17, 2023
Late boomers — those born between 1960 and 1965 at the tail end of the post-World War II baby boom — are not faring well when it comes to retirement savings. That’s according to a report published...
Interest in HCBS as growth strategy wanes among senior living providers
By
Kimberly Bonvissuto
Aug 10, 2023
Ready to put the COVID-19 pandemic behind them, senior living executives are preparing to push forward with growth plans — some in surprising ways, according to the newly released results of a recent...
Sleepless in senior living
By
John O'Connor
Aug 10, 2023
Things are looking up for senior living operators, but they are anything but out of the woods. In fact, three challenges remain very much in the picture.
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.