Nursing home, home health fast-growing health spending categories
By
Kathleen Steele Gaivin
May 26, 2023
Healthcare prices increased in April by 3.4% year over year despite slowing inflation, representing the fastest overall healthcare price growth since December 2007. That’s according to Altarum’s monthly...
Personal savings a priority as two-thirds of Americans brace for recession: report
By
Kathleen Steele Gaivin
May 22, 2023
As Americans brace for a possible recession, some baby boomers, those born between 1945 and 1964, are putting off actions such as buying a new home in favor of increasing personal savings toward retirement....
‘Medical freedom’ measures ban mask and vaccine mandates
By
Kimberly Bonvissuto
May 17, 2023
A package of measures signed into Florida law bans COVID-19-related vaccine and mask mandates by businesses and government entities, flying in the face of some existing state health department standards.
Proactive risk management means resident, family expectations management, attorney says
By
Kimberly Bonvissuto
May 16, 2023
Being proactive in risk management by understanding resident and family expectations can go a long way for senior living operators in limiting losses, claims and grievances. That’s according to Rebecca...
Tech, healthcare as value proposition among silver linings of pandemic for senior living, executives...
By
Kimberly Bonvissuto
May 11, 2023
The pandemic upended the senior living business model, but it wasn’t all bad, according to a panel of executives at the 2023 Argentum Senior Living Executive Conference this week.
April’s jobless rate ties January’s record low at 3.4%
By
Kathleen Steele Gaivin
May 09, 2023
After a slight bump in March, the nation’s jobless rate slipped to 3.4%, tying it with January’s record low. That’s the lowest jobless level in 54 years.
Offering a retirement plan ‘critical asset’ even for small business owners
By
Kathleen Steele Gaivin
May 09, 2023
It’s not just the big corporations that need to offer a retirement plan to employees. Even small business owners can, and should, should set up a retirement plan, according to Los Angeles-based Capital...
Increasing minimum wage would worsen assisted living workforce challenges, not fix them, coalition says
By
Kimberly Bonvissuto
May 02, 2023
A California bill that proposes increasing the minimum wage to $25 for direct care workers and support staff members has plenty of opponents, including senior living industry advocates.
Low-wage workers experience historically fast wage growth: report
By
Kathleen Steele Gaivin
May 01, 2023
Low-wage workers experienced wage growth of 9% between 2019 and 2022. That’s a historically fast real wage growth over the three-year span, especially in a period of economic inflation, according to...
3,000+ nursing home workers have died from COVID, union says
By
Kathleen Steele Gaivin
Apr 28, 2023
More than 1.5 million nursing home workers have been infected with COVID-19 and more than 3,000 have died since the beginning of the pandemic, according to a recent report from the AFL-CIO.