Fresh off an initial public offering yielding net proceeds of $423 million, PACS Group is looking for opportunities to expand, CEO Jason Murray said Tuesday during the Farmington, UT-based holding company’s...
Pace of recovery from Hurricane Ian could be slow, Fitch warns
By
Kathleen Steele Gaivin
Oct 06, 2022
The pace of economic recovery for areas affected by Hurricane Ian could be slow compared with previous hurricanes, according to the experts at Fitch Ratings.
‘Alzheimer’s crisis’ intersecting with direct care workforce challenges, association says
By
Kimberly Bonvissuto
Mar 16, 2023
The nation is facing an “Alzheimer’s crisis” as the number of older adults in whom the disease is diagnosed continues to increase amid a shortage of direct care workers, according to the Alzheimer’s...
AARP: Older adults’ contribution to global GDP expected to increase dramatically by 2050
By
Kathleen Steele Gaivin
Nov 14, 2022
Older adults contributed $45 trillion to the global gross domestic product in 2020, according to AARP’s recently released Global Longevity Economy Outlook.
Master Plan for Aging adds dementia screening tool for providers
By
Lois A. Bowers
Apr 17, 2023
Primary care providers in the country’s most populous state have a new screening tool to help them identify cognitive decline in older adults and determine next steps.
Proposed OSHA rule would double time for employees to report suspected employer criminal antitrust...
By
Kathleen Steele Gaivin
Feb 17, 2023
An interim final rule published by the Occupational Health and Safety Administration, if finalized as currently written, would give employees twice as much time as they have now to report suspected criminal...
Poll finds strong links between depression and lack of sleep
Mar 09, 2023
About 65% of adults who were dissatisfied with their sleep experience had mild or greater levels of depressive symptoms.
Making assisted living communities Medicaid-eligible providers would benefit residents, companies, government,...
By
Lois A. Bowers
Apr 03, 2023
A Pennsylvania legislator has proposed a bill that would allow assisted living communities to become Medicaid-eligible providers, and the results of a new member survey from the Pennsylvania Health Care...
Ventas closed a new, $2.75 billion unsecured, revolving credit facility and extended the maturity of its outstanding credit, the Chicago-based real estate investment trust announced Wednesday.
Senior living seeing ‘better-than-expected momentum’
By
Kathleen Steele Gaivin
Feb 05, 2024
Senior living occupancy fell short of expectations last year but ended the year with “better than expected momentum … that sets the stage for a favorable outlook in ’24,” according to a new report...