Lawmakers bank on pandemic impact in resurrecting call to re-establish House Aging Committee
By
Kimberly Bonvissuto
Sep 08, 2021
Maybe the fourth time’s the charm? Banking on the disproportionate impact of the pandemic on older adults, a group of lawmakers has reintroduced legislation to re-establish the House Permanent Select...
HUD faces $6 billion in cuts in proposed budget
By
Lois A. Bowers
Mar 09, 2017
The U.S. Department of Housing and Urban Development could face a budget cut of as much as $6 billion, affecting low-income seniors, developers of affordable housing and others, under the fiscal year 2018...
Larger employers should be required to offer retirement plans, group says
By
Lois A. Bowers
Jun 09, 2016
Requiring most employers to offer retirement plans for their workers would help ensure that Americans have enough money to pay for their needs after they stop working, the nonprofit Bipartisan Policy Center...
Senior living recovery driven by occupancy, rate increases: DHC CEO
By
Kimberly Bonvissuto
Feb 25, 2022
Describing 2020 as a year of defensive measures taken to withstand the effects of the pandemic, Diversified Healthcare Trust President and CEO Jennifer Francis said Thursday that proactive steps taken...
Cafaro: Ventas remains committed to senior living
By
Lois A. Bowers
Feb 15, 2016
Although Ventas grabbed headlines for two actions outside of the senior housing sector in 2015, the REIT remains committed to senior living, Chairwoman and CEO Debra Cafaro told investors in a Feb. 12...
What’s ahead for seniors housing in 2016
By
Lois A. Bowers
Jan 10, 2016
Demand for seniors housing will continue in 2016, NIC’s chief economist predicts, but assisted living operators and investors have reason for caution.
Genworth: Acuity, luxury drive up assisted living costs 3.36% in 2017
By
Lois A. Bowers
Sep 27, 2017
The annual median cost of assisted living increased 3.36% from 2016 to 2017, according to the Genworth 2017 Cost of Care Survey, released Tuesday. There are two main reasons.
Life care contract most common type for Texas CCRCs: report
By
Lois A. Bowers
Feb 27, 2017
Ziegler and My LifeSite analyzed data from 32 providers in the Lone Star State to produce a new benchmarking report on the characteristics of continuing care retirement communities there.
Operator error means some could miss out on $100,000 or more in Provider Relief Fund payments
By
Kimberly Bonvissuto
Jun 07, 2022
Provider error could mean the loss of $100,000 or more in Provider Relief Fund monies for some senior living organizations.
Another defendant in American Senior Communities fraud case agrees to plead guilty
By
Lois A. Bowers
Nov 27, 2017
Another defendant in the alleged $16 million fraud, kickback and money-laundering scheme involving former executives of American Senior Communities has agreed to plead guilty to charges against him.