Workforce participation expected to continue to decline, report finds
By
John Roszkowski
Aug 27, 2024
In another troubling sign for the ongoing staffing shortages facing the long-term care industry, a new report finds that US workforce participation among the prime working age population is continuing...
HUD proposes closing qualified contract loophole for LIHTC transactions
By
Kathleen Steele Gaivin
Aug 19, 2024
The Department of Housing and Urban Development has proposed guidance meant to close the qualified contract loophole in the Low Income Housing Tax Credit program for Federal Housing Administration multifamily...
Charter Senior Living expands national footprint with 3 senior communities under development
By
Kathleen Steele Gaivin
Jul 31, 2024
Naperville, IL-based Charter Senior Living has broken ground on three senior living communities in three different states, the company announced Monday.
Actions & Transactions, July 15
By
Kathleen Steele Gaivin
Jul 15, 2024
Ziegler prices financing for Carolina Meadows’ $76.1M bonds … BWE secures $47M to refinance senior living community in Richmond, VA … Affordable senior housing opens in Yonkers, NY … RMR Group...
Americans have third largest pension income among retirees in 44 countries studied
By
Kathleen Steele Gaivin
May 02, 2022
Retirees in the United States, on average, have the third highest monthly pension income in the world, according to an analysis of retirement benefits in 44 countries by shopping platform Picodi.
Business briefs, April 11
By
Kathleen Steele Gaivin
Apr 11, 2024
Consumer Price Index increases by 0.4% … New group to advocate for retirement-related public policies … Fitch Ratings affirms Asbury Maryland at BBB; outlook stable
Medical costs expected to increase 7 percent in 2024: survey
By
Kathleen Steele Gaivin
Jul 05, 2023
PwC’s Health Research Institute is projecting a 7% year-over-year medical cost increase in 2024. The projected medical cost trend in 2022 and 2023 was 5.5% and 6%, respectively.
Nursing care prices increase 3.3% in January, but spending down 7.8%
By
Amy Novotney
Feb 23, 2021
National health spending on nursing care dropped 7.8% in 2020 compared with the previous year, according to a health sector economic indicator brief released Friday by nonprofit research and consulting...
AllyAlign Health, NEA partner to expand value-based care model
By
Kathleen Steele Gaivin
Jun 11, 2021
AllyAlign Health plans to expand its clinical and technical footprint with a recent investment from venture capital firm New Enterprise Associates.
Nasdaq Stock Market has issued a warning to Newton, MA-based Diversified Healthcare Trust that it must boost its stock price above $1 per share or face delisting, the real estate investment trust announced...