Here are some of the major stories that affected senior living providers in 2022.
Senior living hourly wages outpace private sector, but competition for workers continues
By
Kimberly Bonvissuto
Apr 24, 2024
Hourly wages in senior living communities have increased by 30.9% over the past five years, outpacing growth in the broader private sector by 6.5 percentage points. But the labor market remains “exceptionally...
Staffing challenges need attention from federal policymakers, industry advocates say
By
Kimberly Bonvissuto
Jul 20, 2023
Healthcare workforce shortages are at crisis levels and need attention from policymakers, according to senior living advocates.
Senior living ‘on the precipice of this defining moment,’ Argentum CEO says
By
Kimberly Bonvissuto
Apr 30, 2024
The senior living industry sits “on the precipice of this defining moment with significant challenges but also tremendous opportunities” to tell its story and help millions of older adults “live...
Proposed overtime rule is ‘bad policy’ that senior living providers cannot absorb, groups say
By
Kimberly Bonvissuto
Nov 09, 2023
A new overtime rule proposed by the federal government would worsen workforce issues for senior living providers and create unintended consequences for workers and residents, according to industry advocacy...
More news for Thursday, March 16
By
Kimberly Bonvissuto
Mar 16, 2023
Senators to GAO: Examine impact of pay gap on women’s retirement savings … Senior living companies asked to share data for largest providers report … CMS actuary pushes Medicare Trust Fund insolvency...
Certain types of air pollution raise risk of dementia: study
By
Kimberly Bonvissuto
Aug 22, 2023
The risk of dementia is greater among people in regions of the US with high levels of a certain type of air pollution, particularly from agriculture and wildfires, according to a new study published in...
Workforce issues a theme of State of the Union address and industry reaction to it
By
Kathleen Steele Gaivin
Feb 09, 2023
Several workforce issues were part of President Biden’s State of the Union address on Tuesday — as well as long-term care industry reaction to the speech. The talk comes at a time when long-term care...
20 long-term care-related groups oppose immigration-related fee changes
By
Kimberly Bonvissuto
Mar 09, 2023
Increasing immigration fees will take a toll on long-term care providers that heavily rely on those workers — especially during such a dire workforce and economic crisis, according to a coalition of...
More than a feeling
By
Lois A. Bowers
May 15, 2023
Many of us may have positive feelings about the senior living industry and the benefits it offers. Now Argentum is pursuing a course of action to put some numbers behind those feelings.