Capital Senior Living mulling COVID-19 vaccination as condition of employment
By
Kimberly Bonvissuto
Aug 13, 2021
With more than 90% of its residents fully vaccinated, Capital Senior Living announced during a second-quarter earnings call on Thursday that it is considering a move to make COVID-19 vaccination a condition...
LTC financing: Be careful what you wish for
By
Stephen A. Moses
Jun 07, 2021
If proposed social insurance plans actually were to pass and take effect, senior living operators may find themselves with even fewer private payers and more residents dependent either on Medicaid or one...
Senior living’s unspoken debt problem
By
John O'Connor
May 20, 2021
Many of your employees sure could use some debt relief. If you happen to be the agent of such assistance, you’d be more than a benevolent soul. You also might be the operator whose recruitment and retention...
SNF occupancy hits record low again in January: NIC report
By
Amy Novotney
Apr 06, 2021
Occupancy continued to be challenged as the skilled nursing industry navigated the first months of 2021, according to the latest monthly skilled nursing data report from the National Investment Center...
Senior living indirectly benefits from $5.3T in COVID-19 stimulus offers, but economists concerned about...
By
Amy Novotney
Mar 30, 2021
The U.S. federal government has passed an unprecedented $5.3 trillion in stimulus packages in an effort to help the economy recover from the COVID-19 pandemic. In the short term, these efforts appear to...
Construction costs up but contractor backlog down: ASHA brief
By
Lois A. Bowers
Mar 10, 2021
The cost of construction materials is up, due to “significant” swings in commodity pricing, and additional increases are expected in the spring, according to a new issue brief for the American Seniors...
Raises from coast to coast: hourly minimum wage reaches or surpasses $15 in 2021
By
Kimberly Bonvissuto
Jan 06, 2021
Twenty states and 32 cities and counties increased their minimum wage as of Jan. 1, with 27 of these jurisdictions reaching or exceeding $15 an hour, according to the National Employment Law Project.
Industry leaders plead for fiscal relief
By
Amy Novotney
Oct 15, 2020
Citing a worsening pandemic, the American Health Care Association / National Center for Assisted Living warned again Wednesday that widespread financial challenges loom over many long-term care facilities.
Senior living renovation projects have stalled, but work related to most new developments and additions to existing campuses continues amid COVID-19, Larry Graeve, Chris Harrison and Amy Burk of The Weitz...
U.S. Treasury task force: Federal government must educate public about LTC costs
By
Amy Novotney
Aug 17, 2020
The Treasury and other federal agencies should do a better job educating consumers about long-term care and the need to finance it. That’s according to a report released last week by the Federal Interagency...