More than three-fourths of Americans say inflation is affecting their ability to save enough money for retirement, including paying for long-term care, according to a new survey.
2 senior living companies file for Chapter 11 bankruptcy protection
By
Kimberly Bonvissuto
Mar 26, 2024
The COVID-19 pandemic, staffing challenges, inflation, high interest rates and low reimbursement rates led to bankruptcy filings recently by two senior living companies.
Affordability tops retirement community wish list for older adults, operators
By
Kimberly Bonvissuto
Oct 13, 2023
Inflation isn’t just hitting prospective senior living residents looking for the best value in a retirement community. It’s also hitting operators, leaving fewer options available.
Proposed changes could double budget rate increase for affordable senior housing providers
By
Kimberly Bonvissuto
Nov 22, 2022
A proposed change in how operating costs are calculated for affordable housing communities is projected to double the annual budget rate increase for those providers in 2023.
On Election Day, policies, relationships, leadership are long-term care’s ‘dogs in the fight’
By
Kimberly Bonvissuto
Nov 08, 2022
As the midterm elections play out across the nation today, LeadingAge President and CEO Katie Smith Sloan said that providers’ “dogs in the fight” are policies, relationships and leadership in Congress.
Omega restructures lease as Maplewood deals with occupancy, labor, economic issues
By
Kimberly Bonvissuto
Jan 11, 2023
The COVID-19 pandemic’s lingering impacts on labor and inflation costs led Omega Healthcare Investors to propose a lease restructuring with its luxury senior living brand, Maplewood Senior Living, the...
Independent living monthly fees surpass 2022 projections: Ziegler poll
By
Kimberly Bonvissuto
Apr 13, 2023
Independent living resident monthly fee increases aren’t just higher than previous years. They also have surpassed last year’s predictions, according to the result of a recent poll by specialty investment...
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...
3Q progress creates ‘strong setup’ for 2023: Welltower CEO
By
Kimberly Bonvissuto
Nov 09, 2022
Despite “flatish” earning trends, driven by headwinds including inflation, interest rates and utility expenses, Welltower CEO and Chief Investment Officer Shankh Mitra said he was pleased with the...
Collaborative seeks to ‘fuel robust dialogue’ affecting costs of aging in US
By
Kimberly Bonvissuto
Jul 28, 2022
A national collaborative is advocating for the adoption of the Elder Index to better understand the true costs of aging in the United States and to prompt policies to improve standard-of-living measures.