Senior living operator to pay $59,000 in back wages, $7,000 in penalties for wage violations
By
Kimberly Bonvissuto
Nov 14, 2023
A Mississippi senior living operator must pay $59,000 in back wages for repeatedly shortchanging workers, plus an additional $7,000 in penalties for repeated violations, according to the Department of...
Court approves $63 million plan for LCS to buy debt-ridden CCRC
By
Kathleen Steele Gaivin
Jan 04, 2024
A New York continuing care retirement / life plan community has been approved for sale to Life Care Services for $63 million after it had filed for bankruptcy protection for the third time in nine years...
Want to keep employees? Offer a pension instead of a 401(k)
By
Kathleen Steele Gaivin
Apr 01, 2024
One way to entice employees to stay may be to offer them a pension instead of a hybrid retirement plan that is part pension and part 401(k), suggests a new report from the nonprofit National Institute...
Ethics clouding robots’ future substitution for nurses, researchers say
By
Aaron Dorman
Jul 14, 2023
Researchers in Japan have taken an in-depth look at the possibility of robots/AI supplementing LTC nursing with four ethical considerations.
Aging services organizations support campaign to enable more care by advanced nurses
By
Kimberly Bonvissuto
Jun 08, 2023
Two national aging services organizations have co-signed a letter supporting a bill that aims to “eliminate outdated barriers” that currently restrict care by advanced practice registered nurses.
Next-gen Alzheimer’s diagnostic lets patients ‘check their brain’ from anywhere
By
Aaron Dorman
Oct 27, 2023
A new screening platform for brain disease has expanded accessibility and includes a three minute cognitive assessment.
Americans have poor understanding of retirement income planning
By
Kathleen Steele Gaivin
Feb 16, 2024
Most respondents to a new study by the American College of Financial Services had a poor understanding of how to plan for the finances they will need in retirement.
2 billion 50+ adults will generate $43 billion in economic activity by 2050, providing opportunities...
By
Kimberly Bonvissuto
Jan 10, 2023
Aging is a growth market. With the planet inching toward a population of older adults at 2 billion, $43 trillion in economic activity is going to be generated by people aged more than 50 years old around...
Brookdale Senior Living sees ‘super cycle’ of occupancy, rate growth
By
Lois A. Bowers
Nov 09, 2022
Brookdale Senior Living’s third quarter saw record move-ins and positive trends in occupancy growth and net hires, President and CEO Cindy Baier said Tuesday during the company’s latest earnings call.
Boar’s Head recall tied to listeria expands to 7 million more pounds of deli meat
Jul 31, 2024
“Listeria is especially harmful to people who are pregnant, aged 65 or older, or with weakened immune systems,” the FDA said.