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.
Long-term care shows signs of recovery despite inflationary headwinds
By
Kathleen Steele Gaivin
Sep 16, 2022
Despite persistent labor and inflationary headwinds, senior living and skilled nursing are seeing growth in occupancy and rents, according to new reports from Marcus & Millichap released Wednesday.
‘Red-hot inflation’ drives senior living asking rates to record high
By
Kathleen Steele Gaivin
Sep 08, 2022
Senior living asking rates were driven to record highs in June compared with the previous year, as the Federal Reserve raised interest rates in response to “red-hot inflation,” according to Omar Zahraoui,...
Not-for-profit life plan communities brace for inflationary pressures, other challenges: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 07, 2022
Following a “comeback year” in 2021, continuing care retirement / life plan communities are bracing for economic challenges ahead, according to a new report from Fitch Ratings.
31 percent of retirees say inflation could motivate return to workforce
By
Kathleen Steele Gaivin
Aug 18, 2022
Approximately one-third of retirees say they would be motivated to return to the workforce if inflation continues to eat into their savings, according to an American Staffing Association Workforce Monitor...
Inflation Reduction Act has mixed value for older adults, experts say
By
Kathleen Steele Gaivin
Aug 17, 2022
President Biden signed into law Tuesday the Inflation Reduction Act, which has significant healthcare provisions. According to one industry expert, however, the legislation falls short on helping older...
Inflation Reduction Act called a ‘game-changer’
By
Kathleen Steele Gaivin
Aug 09, 2022
Medicare beneficiaries will not have to pay more than $2,000 per year for their medications, and beneficiaries with diabetes will not have to pay more than $35 per month for insulin, under the terms of...
Inflation drives unstable bond financing in first half of 2022: Ziegler
By
Kathleen Steele Gaivin
Jul 27, 2022
Driven by inflation, bond financing has been slow and unstable during the first half of the year, according to specialty investment bank Ziegler.
Inflation, recession worry Americans most when considering retirement spending power
By
Kathleen Steele Gaivin
Jul 12, 2022
Eighty-one percent of Americans are worried about the effects that inflation and the recession will have on their spending power during retirement, according to the Protected Retirement Income and Planning...
Long-term inflation threatens life plan community margins
By
Kathleen Steele Gaivin
Jun 27, 2022
Life plan communities can weather the challenges brought about by inflation for now, but long-term inflation stretching into next year would pressure margins, according to Fitch Ratings.