Low pay, poor working conditions common for long-term care workers: report
By
Kathleen Steele Gaivin
Jul 28, 2022
Low pay and poor working conditions are the norm for workers in long-term care, according to a report published Wednesday by the think tank Economic Policy Institute.
Hiring from within key to reducing turnover in long-term care: survey
By
Kathleen Steele Gaivin
Jul 22, 2022
Skilled nursing facilities that hire from within their organizations had 22% less turnover in the past year than those that hire from outside their organizations, on average, according to the results of...
Long-term care eligible for cut of $2M in workforce development grants
By
Kathleen Steele Gaivin
Jul 08, 2022
Wisconsin’s senior living and care operators are eligible to receive their share of the state’s $2 million grants from the Department of Workforce Development.
New state rankings rate pandemic healthcare performance
By
Kathleen Steele Gaivin
Jun 22, 2022
Health systems in Hawaii and Maine ranked the highest among the states as far as vaccination rates, capacity in hospital and intensive care units, and death rates throughout the COVID-19 pandemic, in new...
Interest rates increase could have ‘silver lining’ for senior living, expert says
By
Kathleen Steele Gaivin
Jun 16, 2022
The Federal Reserve’s move Wednesday to raise interest rates by 0.75% could slow new construction in senior housing, National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham...
Contingent employees could save post-acute care $20 billion in lost revenue this year
By
Kathleen Steele Gaivin
Jun 03, 2022
The post-acute care sector could lose up to $19.5 billion in revenue this year because of lower occupancy rates (which are down 14% since 2020) due to understaffing, predicts a new report.
Middle class declines, but not necessarily middle-market senior living opportunities
By
Kathleen Steele Gaivin
May 23, 2022
The percentage of middle-income seniors has declined over the past 50 years, according to a new analysis, but those results don’t necessarily mean that there will be fewer middle-market senior housing...
Staff COVID-19 vaccinations have risen 25 percentage points under CMS mandate
By
Kathleen Steele Gaivin
May 18, 2022
COVID-19 vaccination rates among nursing home staff jumped 25 percentage points nationally thanks in no small part to a CMS mandate imposed earlier this year.
$1 billion record set for mini-perm / bridge loans to senior living: NIC
By
Kathleen Steele Gaivin
May 16, 2022
The issuance of new mini-perm / bridge loans for senior living operators hit a record high of nearly $1 billion in the fourth quarter of 2021, whereas the issuance of permanent senior living loans moderated,...
Omicron, costs, funding loss stalling long-term care recovery, experts say
By
Kathleen Steele Gaivin
May 12, 2022
Many factors are at work to slow long-term care recovery according to panelists at Wednesday’s Leadership Huddle of the National Investment Center for Seniors Housing & Care.