COVID impact on senior living on track to reach $17 billion, ASHA says, requesting relief
By
Lois A. Bowers
Nov 12, 2020
As the financial impact of the coronavirus pandemic on senior living is on track to reach $17 billion annually, providers need more funds to cover additional expenses and lost revenue, and they need new...
Federal court will rehear senior living operators’ RICO lawsuit claims against unions
By
Kimberly Bonvissuto
Apr 18, 2022
A federal court panel announced Thursday that it will reexamine a senior living and care operator’s racketeering lawsuit against local labor unions after a previous decision was vacated.
Pandemic not dampening desire for luxury retirement living
By
Lois A. Bowers
Apr 21, 2020
A pandemic is not preventing Moorings Park Grande Lake in Naples, FL, from opening and continuing to attract interest. “We have closed over $77 million in sales during the last two weeks,” a Moorings...
Most employers plan to change their leave policies soon, with paid caregiving benefits becoming more...
By
Kathleen Steele Gaivin
Jan 24, 2024
Eighty-four percent of employers participating in a new survey said they are planning to make changes to their leave policies within the next two years, and paid leave for caregiving may see some of the...
Medicare payment changes aim to boost at-home kidney care and dialysis
By
Joe Jancsurak
Nov 04, 2020
The Centers for Medicare & Medicaid Services says that a new final rule will improve the determination process for an add-on payment adjustment to incentivize innovative dialysis equipment while supporting...
Canadian extradited to U.S. in $27 million ransomware case affecting senior living
By
Kimberly Bonvissuto
Mar 14, 2022
A Canadian national indicted in 2020 in a $27 million ransomware fraud case affecting the senior living industry recently was extradited to the United States to face those charges.
‘We can no longer ignore this’: Affordable long-term care is urgent priority, panelists say
By
Kimberly Bonvissuto
Dec 10, 2020
The nation’s population is aging, and with 70% of Americans aged 65 or more years requiring long-term care at some point, access to affordable care is becoming an urgent priority, according to panelists...
FDA approves Wegovy to lower risk for CVD events in patients with obesity
Mar 08, 2024
Agency’s action could widen access to the drug if more insurance companies decide to cover it
New ‘living better, longer’ narrative embraces wellness-driven value of senior living
By
Kimberly Bonvissuto
May 30, 2024
As senior living leaders adapt to the needs and expectations of the next generation of residents, a forum of thought leaders has created a new wellness narrative to appeal to older adults seeking to live...
ESC: Adverse outcomes increased with suboptimal adherence to aspirin after MI
Aug 28, 2023
The risk increased for recurrent MI, ischemic stroke or death with suboptimal adherence through eight years after MI.