19 percent worried they can’t afford senior living due to inflation: survey
By
Lois A. Bowers
Dec 05, 2022
Almost 19% of respondents to a recent survey said that they are concerned that inflation will not allow them to continue to afford senior living or home care.
Inflation ‘tug-of-war’ affects senior living construction
By
Lois A. Bowers
Aug 02, 2019
Inflation “seems to be playing a tug-of-war game” with the construction market, according to a new issue brief written by The Weitz Company for the American Seniors Housing Association.
Inflation, labor shortage continue to affect senior living construction costs
By
Lois A. Bowers
Aug 02, 2017
Inflation, a lack of workers and the price of wood and steel continue to be concerns in seniors housing construction projects across the country, according to a new brief prepared for the American Seniors...
Year-over-year health spending growth highest ‘by far’ for home healthcare
By
Lois A. Bowers
Aug 28, 2024
Year-over-year growth in national health spending in June was highest “by far” for home healthcare, at 20.9%, compared with other major healthcare categories, according to a brief issued late Tuesday...
Kendal CEO Vassar Byrd discusses Kendal, her previous position and ‘some really fun things’
By
Lois A. Bowers
Jun 24, 2024
New Kendal Corp. CEO Vassar Byrd recently spent a few minutes with McKnight’s Senior Living discussing her professional roles, her love of dragon boat racing, and how the those two worlds could overlap.
Labor Department announces $200 million in grants for apprenticeships in nursing, hospitality, other...
By
Lois A. Bowers
Feb 26, 2024
The US Department of Labor has announced the availability of almost $200 million in grants to support public-private partnerships that “expand, diversify and strengthen” registered apprenticeships...
‘Profound’ financial, workforce challenges persist for senior living providers as 2024 begins
By
Lois A. Bowers
Jan 02, 2024
Senior living operators will continue to face inflationary pressures and capital market challenges in 2024, but some effects may lessen before the year is out, according to senior living industry experts....
Big senior living stories of 2023
By
Lois A. Bowers
Dec 21, 2023
The long shadow of the pandemic continued to recede in 2023, although the senior living profession continued to feel its effects. The COVID-19 public emergency ended May 11. Wage growth has declined but...
Federal, lender support needed for assisted living operators to lower rates, leader says
By
Lois A. Bowers
Nov 21, 2023
Financial support from the federal government and private lenders would be required to lower assisted living rates, National Center for Assisted Living Executive Director LaShuan Bethea told the New York...
Proposed overtime rule would worsen workforce, resident access issues, provider groups fear
By
Lois A. Bowers
Aug 31, 2023
A Labor Department-proposed rule that would make approximately 3.6 million more salaried workers and so-called highly compensated employees eligible for overtime pay is “ill-timed” and would worsen...