‘Aggressive’ rate increases needed in long-term care: ESI
By
Kathleen Steele Gaivin
Oct 13, 2022
Due to increased debt costs and other inflationary pressures, rate increases in long-term care are inevitable, Evans Senior Investments Director Kris Lowes said Wednesday. He called for operators to “aggressively...
The needs of middle-class Americans over 55 often go unmet: SCEPA
By
Kathleen Steele Gaivin
Dec 06, 2023
Many adults aged 55 and older who have difficulty with daily and instrumental activities aren’t getting the help they need, research associate Jessica Forden of the Schwartz Center for Economic Policy...
Ziegler: Staffing challenges contribute to SNF downsizing decisions
By
Kathleen Steele Gaivin
Dec 13, 2022
Specialty investment bank Ziegler offers some guidance for not-for-profit providers of skilled nursing services considering downsizing.
Hiring, retaining workers starts with positive company culture
By
Kathleen Steele Gaivin
Jul 12, 2023
A positive company culture affects the bottom line and improves training, recruitment and retention, according to presenters at a Tuesday webinar hosted by Health Dimensions Group.
The Virginian completes $67 million renovation
By
Kathleen Steele Gaivin
Feb 28, 2024
The Virginian in Fairfax, VA, has completed a $67 million renovation project to add units and expand amenities at the continuing care/ life plan community. Owned by an affiliate of the Chicago-based private...
Millions of retirees return to work for financial, emotional reasons
By
Kathleen Steele Gaivin
Sep 20, 2023
Many Amerians who chose to retire for one reason or another during the pandemic have returned to the workforce, according to a new report from global investment management firm T. Rowe Price. They could...
CCRC faces class action lawsuit over alleged biometric data collection, use
By
Kathleen Steele Gaivin
Jul 08, 2024
A continuing care retirement / life plan community in Chicago is facing a class action lawsuit alleging that it used a timekeeping system that collected and stored biometric data using employees’ facial...
Medical costs expected to increase 7 percent in 2024: survey
By
Kathleen Steele Gaivin
Jul 05, 2023
PwC’s Health Research Institute is projecting a 7% year-over-year medical cost increase in 2024. The projected medical cost trend in 2022 and 2023 was 5.5% and 6%, respectively.
The Supreme Court ruled Thursday, unanimously, that district courts must stay arbitration lawsuits pending the outcome of private dispute resolution proceedings.
Industry groups launch online resource for senior living and care careers
By
Kathleen Steele Gaivin
May 14, 2024
The Minnesota state partner of LeadingAge and Argentum and the state affiliate of the American Health Care Association/National Center for Assisted Living have partnered on an online resource meant to...