Headwinds may stall CCRC recovery, Fitch Ratings says
By
Kathleen Steele Gaivin
Jan 27, 2023
Although demand is high for continuing care life plan communities, some headwinds may stall total recovery for the sector, according to the experts at Fitch Ratings.
Millions of retirees return to work for financial, emotional reasons
By
Kathleen Steele Gaivin
Sep 20, 2023
Many Amerians who chose to retire for one reason or another during the pandemic have returned to the workforce, according to a new report from global investment management firm T. Rowe Price. They could...
Life plan community outlook ‘deteriorating’ in 2023: Fitch Ratings
By
Kathleen Steele Gaivin
Dec 07, 2022
The outlook for continuing care retirement / life plan communities is “deteriorating” due to continued labor challenges and a “softening broader economy.” That’s according to a newly released...
$1.6 million grant will help older workers train for CNA, other healthcare roles
By
Kathleen Steele Gaivin
Oct 11, 2023
The National Council on Aging has received a $1.6 million AmeriCorps Seniors grant to test a program to train adults aged 55 or more years to become certified nurse assistants, electrocardiogram technicians...
Workers looking to employers for cost-of-living help: survey
By
Kathleen Steele Gaivin
Dec 08, 2022
Workers worldwide are looking for financial help to offset cost-of-living increases in difficult economic times. That’s according to the results of the Randstad Q4 Workmonitor Pulse survey of 7,000 workers...
Inflation, staffing pose pressures for not-for-profit life plan communities: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 29, 2022
The not-for-profit continuing care / life plan communities sector has “broadly recovered” from pandemic stressors, but challenges lie ahead. That’s according to a new report from Fitch Ratings.
Bill aims to privatize annual nursing home, assisted living inspections
By
Kathleen Steele Gaivin
Feb 08, 2023
Proposed legislation before the Arizona Legislature, if passed, would privatize annual inspections of skilled nursing facilities and assisted living communities by creating a third-party entity to make...
CCRC demand remains robust: Fitch
By
Kathleen Steele Gaivin
Sep 09, 2022
Favorable demographic trends, with more Americans reaching retirement age, the ability to absorb cost inflation and good access to capital markets, will keep the continuing care retirement / life plan...
Rate surge seen as threat to middle market enthusiasm
By
Kathleen Steele Gaivin
Sep 27, 2022
Many senior living and care providers across the country have raised their rates this year, as inflation continues to drive expenses for staples such as food, supplies and energy.
Providers continue to face workforce challenges as Careers in Aging Week arrives
By
Kathleen Steele Gaivin
Mar 27, 2023
The long-term care industry is celebrating frontline workers this week during Careers in Aging Week as they continue to face workforce shortages.