Senior living hourly wages outpace private sector, but competition for workers continues
By
Kimberly Bonvissuto
Apr 24, 2024
Hourly wages in senior living communities have increased by 30.9% over the past five years, outpacing growth in the broader private sector by 6.5 percentage points. But the labor market remains “exceptionally...
Medicaid Access Rule shortcomings could decrease access to care, industry advocates say
By
Kimberly Bonvissuto
Apr 23, 2024
No guarantee exists that a final rule that the federal government promoted as increasing transparency in Medicaid payments and improving wages for direct care workers will accomplish either goal, senior...
Federal final rule drops bring cries of ‘flawed,’ ‘aggressive,’ ‘dramatic’ from senior living...
By
Kimberly Bonvissuto
Apr 25, 2024
Late April brought a shower of regulatory changes as the federal government dropped four major final rules this week that the senior living and care industry is calling “flawed,” “aggressive” and...
First-quarter momentum allowing Sonida to ‘swiftly’ move into growth mode, execs say
By
Kimberly Bonvissuto
May 13, 2024
Sonida Senior Living ended the first quarter with significant momentum toward its growth goals and swiftly moved into growth mode in the second quarter, providing a “clear line of sight” into further...
Mortality, hospice use rates differ in assisted living communities depending on whether memory care is...
By
Kimberly Bonvissuto
Apr 04, 2024
Assisted living communities that provide memory care services may attract residents closer to the end of life or promote hospice use at the end of life compared with assisted living communities without...
Senior living’s value proposition is changing, but providers can adapt and stay relevant, expert says
By
Kimberly Bonvissuto
May 10, 2024
The senior living industry is suffering from a trust and image problem, as well as a data problem. But it’s still possible for the sector to adapt to emerging technology trends to reshape its future.
Current federal efforts targeting care economy ‘miss the mark,’ industry advocates say
By
Kimberly Bonvissuto
Apr 10, 2024
As a kickoff to Caregivers Month, President Biden spoke Tuesday about the “care economy” at Washington, DC’s Union Station, celebrating the contributions of care workers across the country. Senior...