11 states ready to go live with Medicaid HCBS final rule as deadline approaches, CMS says
By
Kimberly Bonvissuto
Feb 22, 2023
Eleven states are planning to go live under the regulations of the home- and community-based settings final rule on March 18, according to Melissa Harris, deputy director for the CMS Disabled and Elderly...
Healthpeak Properties CCRC portfolio sees 27 percent same-store NOI growth
By
Kathleen Steele Gaivin
Apr 29, 2024
Denver-based Healthpeak Properties saw same-store net operating income growth of 27% in its portfolio of continuing care retirement communities in the first quarter,
Service-providing jobs increase by 373,000, according to ADP report
By
Lois A. Bowers
Jul 10, 2023
Service-providing jobs increased by 373,000 in June, according to a new report produced by the ADP Research Institute. Annual pay was up 6.4%.
Assisted living providers to face increased regulation from bill headed for governor’s signature
By
Kimberly Bonvissuto
Apr 08, 2024
A bill expected to become law and targeting assisted living reform in Arizona addresses some best practices long touted by industry experts, but it also brings an increase in regulations for providers.
Current federal efforts targeting care economy ‘miss the mark,’ industry advocates say
By
Kimberly Bonvissuto
Apr 10, 2024
As a kickoff to Caregivers Month, President Biden spoke Tuesday about the “care economy” at Washington, DC’s Union Station, celebrating the contributions of care workers across the country. Senior...
‘Profound’ financial, workforce challenges persist for senior living providers as 2024 begins
By
Lois A. Bowers
Jan 02, 2024
Senior living operators will continue to face inflationary pressures and capital market challenges in 2024, but some effects may lessen before the year is out, according to senior living industry experts....
Insurance rates add to financial challenges facing Florida’s assisted living operators
By
Kimberly Bonvissuto
Jun 04, 2024
The rapid increase in commercial property insurance rates in Florida was the final straw for some senior living providers still struggling with workforce challenges, rising wages and inflation.
Virtual reality-based therapies now covered by insurance for some long-term care residents
By
Kimberly Bonvissuto
Feb 03, 2023
Virtual reality-based therapies are now covered by insurance for some New York long-term care residents under a new partnership with an institutional special needs plan.
Meet Charles Hastings, 2024 McKnight’s Pinnacle Awards ‘Setting the Standard’ honoree
By
Jessica R. Towhey
May 08, 2024
Chuck Hastings exemplifies the tradition of employee loyalty. He has been with Blomfield, NJ-based Juniper Communities for 27 years, and it is commonly said that the senior living and care company would...
Ignite Medical Resorts continues growth trajectory with Indiana acquisition
By
Kathleen Steele Gaivin
Jun 04, 2024
Chicago-based Ignite Medical Resorts is expanding once again with the acquisition of the former Symphony of Chesterton in Chesterton, IN.