3 in 4 retirees say means to a comfortable lifestyle have stayed the same during pandemic
By
Amy Novotney
Sep 08, 2020
Here’s some good news for the senior housing industry: Despite the ongoing pandemic, 75% of retirees say their confidence in their ability to maintain a comfortable lifestyle through retirement has stayed...
Kentucky SNFs expect to lose at least 11% of workforce due to vaccine mandate
By
Amy Novotney
Sep 07, 2021
Leaders from Kentucky’s long-term care industry implored state lawmakers Thursday to provide more support for its bruised and battered workforce.
DOL will soon announce new workplace rules in light of COVID
By
Amy Novotney
Apr 28, 2021
After weeks of delay, the Labor Department has sent a draft of emergency workplace safety rules aimed at preventing the spread of COVID-19 to the Office of Management and Budget. The standards had been...
Industry must capitalize on ‘historic moment’ of change for skilled nursing: expert
By
Amy Novotney
Apr 14, 2021
The COVID-19 pandemic has exposed the country’s long-term care system, particularly in skilled nursing facilities, as “deeply flawed, chronically underfunded and in need of reform,” according to...
Public-private collaboration key to securing long-term care financing for middle-income Americans
By
Amy Novotney
Apr 09, 2021
Recent studies have found that more than half of middle-income seniors will not be able to afford the care they need, and 15% of baby boomers will incur more than $250,000 in long-term care costs. If anything,...
SNF occupancy hits record low again in January: NIC report
By
Amy Novotney
Apr 06, 2021
Occupancy continued to be challenged as the skilled nursing industry navigated the first months of 2021, according to the latest monthly skilled nursing data report from the National Investment Center...
COVID-19 pandemic has resulted in an estimated 4M workers prematurely retiring: analysis
By
Amy Novotney
Mar 31, 2021
The COVID-19 pandemic has resulted in an estimated 4 million workers prematurely retiring, according to an economic report released Tuesday by the nonprofit Alliance for Lifetime Income.
One year into pandemic, nursing home workforce has declined by 11.5 percent
By
Amy Novotney
Mar 22, 2021
Nursing homes lost 11,600 jobs in February, contributing to the 11.5% reduction in the nursing home workforce seen since February 2020, a drop of 182,000 jobs. That’s according to a health sector economic...
Nursing home industry expected to lose $94B over a 2-year period: AHCA
By
Amy Novotney
Feb 10, 2021
The skilled nursing sector is set to lose $94 billion over the two-year period of 2020 and 2021 as a result of ongoing COVID-19 costs and projected losses. That’s according to a new analysis released...
Health department admonishes senior living company for marketing early vaccines to prospects
By
Amy Novotney
Feb 09, 2021
In an effort to attract prospective residents and fill vacant units amid the ongoing COVID-19 pandemic, some senior living operators have been adding vaccine access to their marketing toolbox. A handful...