Retirement planning, true life expectancy not on most adults’ radar, increasing the risk of outliving...
By
Kimberly Bonvissuto
Dec 07, 2023
With 10,000 Americans reaching retirement age every day, retirement planning should be top of mind for many prospective senior living residents. But two recent studies found long-term care planning isn’t...
Health/education sector adds 17,000 jobs in January
By
Kathleen Steele Gaivin
Feb 01, 2024
The health/education sector added 17,000 jobs in January, and median pay increased 5.9% for people who stayed in jobs in the sector, according to the ADP National Employment Report, released Wednesday.
Companies should expect higher healthcare costs, insurers say
By
Kathleen Steele Gaivin
Jan 05, 2024
US healthcare costs are expected to increase for employers this year, according to recent reports from insurers.
Senior living and care among leaders in healthcare bankruptcies in 2023
By
Kathleen Steele Gaivin
Jan 26, 2024
Healthcare bankruptcies hit a record high last year, with long-term care second only to pharmaceutical companies in filings, according to a report published Thursday by healthcare restructuring advisory...
Senior housing and care lending relatively weak in second quarter: NIC
By
Kathleen Steele Gaivin
Nov 10, 2023
Senior living and care-related lending was relatively weak in the second quarter, likely due to yet another 0.25 percentage point rate increase from the Federal Reserve and significant disruptions among...
Senior living operators navigate complex landscape of challenges, opportunities
By
Kimberly Bonvissuto
Jul 08, 2024
The senior living industry is at an “inflection point” as it navigates a changing landscape that holds the possibility of significant transformation due to shifting demographics, evolving consumer...
Service coordinator salaries present challenges for workers, providers, residents: report
By
Kimberly Bonvissuto
Oct 05, 2023
A new report finds that the average annual salary for full-time affordable housing service coordinators could make it difficult for providers to recruit new workers, could result in residents experiencing...
Instability, disparity trend across SNF industry
By
Kathleen Steele Gaivin
Oct 02, 2023
“State-specific instability and disparity” is “the predominant trend this year” for skilled nursing providers, according to the “38th SNF Cost Comparison and Industry Trends Report” delivered...
Almost a third of retirees consider picking up temporary jobs
By
Kathleen Steele Gaivin
Jun 12, 2024
One third of retirees are considering picking up one to three shifts of temporary work per week because their cost of living is increasing, according to Indeed Flex, an online temporary staffing platform.
Operators plan lower fee increases despite costs that remain elevated
By
Kimberly Bonvissuto
Oct 06, 2023
The high monthly resident fees introduced by senior living operators in the wake of the COVID-19 pandemic are starting to taper off, but that doesn’t mean costs are coming down, according to results...