Senior living industry tells federal lawmakers of ‘unprecedented’ financial issues
By
Kimberly Bonvissuto
Mar 27, 2023
A recent House hearing on healthcare inflation drew no shortage of comments from groups including the senior living industry sharing experiences with escalating costs.
Labor market experiences trade-off: jobs growth versus increased wages: report
By
Kathleen Steele Gaivin
Mar 09, 2023
The health services and education labor market increased by 35,000 jobs (7.2%) last month, whereas the private sector in general added 242,000 jobs overall in February.
Pennant commits to redoubling leadership investments to continue ‘transformational’ growth
By
Kimberly Bonvissuto
Feb 27, 2023
The Pennant Group posted full-year and fourth-quarter results that demonstrated progress in 2022 and “meaningful momentum” heading into 2023 due to investments in people, CEO Brent Guerisoli during...
Brookdale doubles down on focus on workforce, occupancy, trust to continue recovery, growth
By
Kimberly Bonvissuto
Feb 23, 2023
Brookdale Senior Living plans to tighten its focus on workforce, occupancy, and resident and family trust as it maintains its strategic priorities into 2023, President and CEO Lucinda “Cindy” Baier...
Those past traditional retirement age may be a solution to worker shortfalls
By
Kathleen Steele Gaivin
Feb 10, 2023
So-called employment extenders — those who continue to work in their fields beyond the traditional retirement age — make up the fastest growing segment of the labor market, according to a new research...
Assisted living needs to be part of enhanced Medicaid HCBS program, industry advocates say
By
Kimberly Bonvissuto
Jan 30, 2023
A proposal calling for permanent enhanced federal funding to states to expand the Medicaid home- and community-based services program needs to go a step further to emphasize the benefits of assisted living,...
‘Wave of demand’ coming in senior living, experts say
By
Kathleen Steele Gaivin
Jan 11, 2023
Senior living is a growth sector, John Chang, senior vice president of research services at Marcus & Millichap, said during a Tuesday afternoon webcast sponsored by the real estate investment services...
COVID, workforce, financial issues confront senior living providers as 2023 starts, leaders say
By
Lois A. Bowers
Jan 03, 2023
Addressing the burnout plaguing existing employees while working to entice others to join the industry will be a focus of providers in 2023.
27 states to raise minimum wage in 2023
By
Kathleen Steele Gaivin
Jan 03, 2023
Twenty-seven states rang in the new year with increases or planned increases to their minimum wage rate. Most took effect Jan. 1, but others will become effective later in the year.
Price of proposed nursing home staffing mandate? Try $11.3B a year, new AHCA report finds
By
Kathleen Steele Gaivin
Dec 16, 2022
The American Health Care Association Thursday released an updated report from accounting and consulting firm CliftonLarsonAllen LLP detailing the costs of a potential federal staffing mandate for America’s...