Where assisted living is the most and least expensive: survey
By
Lois A. Bowers
Feb 15, 2017
Average monthly assisted living costs range from $3,051 for a studio apartment in Louisiana to $6,936 for a two-bedroom apartment in Delaware, according to the state results of Lincoln Financial Group’s...
What Brexit means to U.S. seniors housing
By
Lois A. Bowers
Jun 30, 2016
Beth Burnham Mace, chief economist for the National Investment Center for Seniors Housing & Care, explains the potential broad effects of the United Kingdom decision to leave the European Union and how...
CVS says long-term care business ‘on track’ despite operating income decrease
By
Lois A. Bowers
May 02, 2019
CVS continues to “work diligently in driving growth for the assisted living space” through its Omnicare long-term care pharmacy business, CVS President and CEO Larry Merlo said Wednesday during the...
Former American Senior Communities COO gets 57-month prison sentence
By
Lois A. Bowers
Jul 09, 2018
Former American Senior Communities Chief Operating Officer Daniel Benson was sentenced Friday to 57 months in federal prison for his role in a $19.4 million fraud, kickback and money-laundering scheme...
Former president of assisted living management company pleads guilty to $59 million check-kiting scheme
By
Kimberly Bonvissuto
Oct 26, 2020
The former head of a healthcare management company that operates assisted living communities pleaded guilty to bank fraud Tuesday for carrying out a $59 million check-kiting scheme on banks in two states.
Assisted living’s ‘fragile’ workforce is under ‘threat’ from SNF staffing rule: NCAL leaders
By
Kimberly Marselas
Jun 04, 2024
Assisted living providers must brace for the impact of increased regulation, experts at the AHCA/NCAL Congressional Briefing warned Monday.
LeadingAge urges HUD to exempt senior housing funds from new ‘Buy America’ requirements
By
Alicia Lasek
Jul 19, 2022
Affordable housing funds must be excluded from a new federal requirement that will raise barriers to infrastructure projects key to senior housing, LeadingAge says.
Improve job quality to improve staffing issues, report authors state
By
Lois A. Bowers
Sep 06, 2016
Improving pay, benefits and working conditions in long-term care will be critical to attracting and keeping workers to meet demand in a tightening labor market, according to the Paraprofessional Healthcare...
Type A and C contracts increasing in popularity with CCRCs
By
Lois A. Bowers
Apr 13, 2017
Type A and C entry-fee contract use has become more common in continuing care retirement communities over the past 10 years, whereas type B contract and rental agreement use has become less common, according...
ASC’s former CEO sentenced to 9.5 years in federal prison for role in $19.4 million fraud scheme
By
Lois A. Bowers
Jul 02, 2018
Former American Senior Communities CEO James Burkhart was sentenced Friday to 9 1/2 years in prison for his role in what U.S. Attorney Josh J. Minkler described as a “massive fraud, kickback and...