Proposed federal changes endanger providers’ ability to serve low-income adults, groups say
By
Lois A. Bowers
Jun 25, 2019
Aging services providers’ ability to serve low-income older adults will be hindered if the federal government proceeds with proposed changes to how it measures poverty, according to advocacy organizations...
Many seniors feeling strapped for cash
By
Jim Moore
Dec 01, 2014
The Social Security administration recently announced a 1.7% annual cost-of-living adjustment, or COLA, for the nearly 64 million Americans who receive federal retirement or disability benefits.
59 percent of adult children cannot afford assisted living, home care for parents: survey
By
Kathleen Steele Gaivin
Aug 10, 2022
Fifty-nine percent of adults aged 40 to 55 who have parents said they will not be able to pay for in-home nursing care or life at an assisted living community for them
American Senior Communities case defendant agrees to plead guilty
By
Lois A. Bowers
Dec 19, 2016
One of the defendants 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,...
Lumber, labor continue to affect seniors housing construction: brief
By
Lois A. Bowers
Jan 26, 2018
Increased lumber costs and a labor shortage continue to be concerns in seniors housing construction projects across the country, according to a new brief prepared for the American Seniors Housing Association...
Senate drug pricing bill lowers costs for seniors
By
John O'Connor
Dec 10, 2019
A new version of a Senate drug-pricing bill would trim the amount seniors would pay for medications, advocates are claiming.
American Jobs Plan pumps money into affordable housing market but has ‘unprecedented labor mandates,’...
By
Kathleen Steele Gaivin
Jun 02, 2021
President Biden’s proposed American Jobs Plan pairs $213 billion in direct funding with more than $100 billion in new and expanded tax credits with bipartisan support to build and modernize affordable...
LTC Properties defers or abates $2 million in rent as operators feel ‘some stress’
By
Lois A. Bowers
May 02, 2022
Long-term care operators felt “some stress” in the first quarter as they continued to confront labor pressures and inflation, LTC Properties Chairman and CEO Wendy Simpson said Friday during the Westlake...
On target
By
Kimberly Bonvissuto
Mar 17, 2021
Is ax-throwing the hottest new craze sweeping senior living communities? Find out more, and learn how to submit your photos!
Economic growth begins to wane
By
Kathleen Steele Gaivin
Aug 31, 2021
Although the United States saw a significant rise in gross domestic product in the second quarter, growth is likely to be much slower in the coming months, according to Beth Burnham Mace, chief economist...