Social Security COLA predicted to be lowest in 4 years
By
Kathleen Steele Gaivin
Sep 16, 2024
Slowing inflation means that Social Security beneficiaries will see the lowest cost-of-living adjustment since 2021, according to experts.
Senior living construction booms 11 percent, fueled by surging demand
By
Kathleen Steele Gaivin
Aug 21, 2024
Senior living construction has surged 11% since last summer, with public sector projects outpacing the private sector in the first half of the year.
‘Strong industry headwinds’ lead to bankruptcy for Guardian Healthcare
By
Kathleen Steele Gaivin
Aug 01, 2024
Brockway, PA-based Guardian Healthcare has filed for Chapter 11 bankruptcy protection.
Fee-for-service skilled nursing utilization stable but still below pre-pandemic levels
By
Kathleen Steele Gaivin
Jul 22, 2024
National fee-for-service skilled nursing facility utilization has been stable year over year from the third quarter of 2023 to the third quarter of this year, but utilization remains 2 percentage points...
Powell hints that lower interest rates may be on the horizon
By
Kathleen Steele Gaivin
Jul 11, 2024
Interest rates may start to go down soon, Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Tuesday during the Semiannual Monetary Policy Report to the Congress.
Retirement savings rates set new records, Vanguard says
By
Kathleen Steele Gaivin
Jul 02, 2024
Americans are paying into retirement savings at a record rate, according to Valley Forge, PA-based Vanguard. That could be good news for senior living providers down the road.