Mean cost of bringing new drug to US market Is $879.3 million
Jul 02, 2024
R&D has remained relatively stable among large pharma companies despite a 27.3% growth in sales.
$1 trillion investment shortage in senior living development expected by 2040
By
Kimberly Bonvissuto
Jun 27, 2024
A $275 billion investment gap in senior living development across the country by 2030 means there won’t be enough housing to meet the demand of older adults in the next five years, according to new data...
More news for Wednesday, July 3, 2024
By
Kimberly Bonvissuto
Jul 03, 2024
Sonida Senior Living acquires 9 communities, to manage 2 more … FDA approves donanemab treatment for early Alzheimer’s disease … House subcommittee advances proposal to cut HUD funding by 7% …...
Milwaukee Catholic Home reborn as part of new management company, Trinity Senior Services
By
Kathleen Steele Gaivin
Jun 28, 2024
Since 1913, the Milwaukee Catholic Home has provided care for older adults. Still thriving, the retirement community is now part of a new management company known as Trinity Health Services.
Emergence of psychosis in Alzheimer’s disease linked to elevations in p-tau181
Jul 01, 2024
An increase in plasma p-tau181 levels was seen in patients with incident psychosis over follow-up versus those with psychosis at baseline.
Senior living sees all-time-high affordability, potential expansion of penetration rate
By
Kimberly Bonvissuto
Jul 03, 2024
Senior living affordability is improving, and a growing customer base that is materially better off financially than members of previous generations could expand the penetration rate, according to the...
AI could open doors to advances in care, operations in senior living
By
Kimberly Bonvissuto
Jul 01, 2024
Aging services organizations already are using artificial intelligence, whether or not they realize it, a panel of experts said Thursday.
Fewer adults eligible for statins with PREVENT equations
Jun 21, 2024
Compared with the pooled cohort equations, the mean estimated 10-year ASCVD risk was lower using the PREVENT equations across all age, sex and racial subgroups, with the largest difference seen for Black...
New York unveils animatronic pet, intergenerational game initiative to combat loneliness
By
Foster Stubbs
Jun 25, 2024
The New York State Office for the Aging will deliver 4,725 animatronic pets and games to older adults through the state’s aging network. The move is part of phase 6 of its animatronic pets initiative...
Building a ‘destination workplace’ in long-term care requires diverse investments, active listening...
By
Josh Henreckson
Jun 28, 2024
Faced with today’s complex array of financial, staffing and regulatory challenges, senior living and other long-term care providers across the care continuum must rely on an equally broad range of solutions,...