I’m no expert on monetary policy and have never played one on TV. But even I am beginning to wonder if these actions might create another problem for senior living operators.
What the inflation rate increase to 8.5 percent means to senior living
By
Kathleen Steele Gaivin
Apr 14, 2022
The inflation rate is higher than it’s been in almost 40 years, and the consumer price index increased 1.2% in March on a seasonally adjusted basis after rising 0.8% in February, the Bureau of Labor...
At 8.5%, the U.S. inflation reached its highest point in 40 years earlier this month while the unemployment rate At 8.5%, the U.S. inflation reached its highest point in 40 years earlier this month while...
Inflation, recession worry Americans most when considering retirement spending power
By
Kathleen Steele Gaivin
Jul 12, 2022
Eighty-one percent of Americans are worried about the effects that inflation and the recession will have on their spending power during retirement, according to the Protected Retirement Income and Planning...
Wage inflation is a continued headwind for CCRCs, SNFs
By
Kathleen Steele Gaivin
Jun 13, 2023
Wage inflation remains a headwind continuing care retirement / life plan communities and skilled nursing facilities, according to Fitch Ratings in its latest about the sector
19 percent worried they can’t afford senior living due to inflation: survey
By
Lois A. Bowers
Dec 05, 2022
Almost 19% of respondents to a recent survey said that they are concerned that inflation will not allow them to continue to afford senior living or home care.
EHR misuse at center of $21M rehab upcoding settlement for Grand Health
By
James M. Berklan
Jul 12, 2024
The Grand Health Care System and its 12 affiliated skilled nursing facilities will pay more than $21.3 million to settle allegations of therapy upcoding that involved a quota system for keeping billing...
Inflation ‘tug-of-war’ affects senior living construction
By
Lois A. Bowers
Aug 02, 2019
Inflation “seems to be playing a tug-of-war game” with the construction market, according to a new issue brief written by The Weitz Company for the American Seniors Housing Association.
Capital markets continue to be challenged by inflation, interest rates
By
Kathleen Steele Gaivin
Jun 23, 2023
The capital markets landscape continued to face headwinds from persistent inflation and rising interest rates throughout the first half of 2023, Berkadia CEO Justin Wheeler said Wednesday during a webinar...
More than three-fourths of Americans say inflation is affecting their ability to save enough money for retirement, including paying for long-term care, according to a new survey.