More than three-fourths of Americans say inflation is affecting their ability to save enough money for retirement, including paying for long-term care, according to a new survey.
Long-term care pharmacies forced to borrow to buy resident drugs, close as intermediaries tighten grip...
By
Kimberly Marselas
Apr 08, 2024
Long-term care resident access to prescription drugs is being squeezed as several market and regulatory factors have combined to increase the power that pharmacy benefit managers have over the specialized...
2 senior living companies file for Chapter 11 bankruptcy protection
By
Kimberly Bonvissuto
Mar 26, 2024
The COVID-19 pandemic, staffing challenges, inflation, high interest rates and low reimbursement rates led to bankruptcy filings recently by two senior living companies.
Fundamentals make it easy to get excited about senior living, expert says
By
Kimberly Bonvissuto
Mar 18, 2024
With solid demand, increasing occupancy and reduced supply, the underlying fundamentals driving top-line revenue growth in senior living are good, making it difficult not to get excited about the sector...
Proposal would add Kentucky to mix of states trying to address long-term care financing
By
Kimberly Bonvissuto
Mar 13, 2024
Senior living provider groups are applauding Kentucky’s proactive approach to helping its residents pay for future long-term care needs with a proposal to form a task force to explore a statewide insurance...
National Church Residences community receives almost $3 million for green energy, climate resilience...
By
Kimberly Bonvissuto
Mar 01, 2024
A National Church Residences affordable senior housing community in Indiana will receive $2.7 million in federal grant funding to support clean energy and climate resilience upgrades.
Senior living leaders ask lawmakers to increase Medicaid reimbursement rates for assisted living
By
Kimberly Bonvissuto
Feb 15, 2024
As assisted living providers struggle to provide services to Medicaid home- and community-based services beneficiaries, industry leaders from two states are asking lawmakers to bump up reimbursement rates...
‘Forgotten middle’ near-retirees worse off than prior generations, will need stronger supports in...
By
Kimberly Bonvissuto
Feb 02, 2024
Members of the relatively neglected “forgotten middle” group of near-retirees are worse off in health and finances than their counterparts from more than two decades ago and are going to need stronger...
Independent contractor rule poses ‘significant threat’ to older workers, senators tell Labor Department
By
Kimberly Bonvissuto
Jan 31, 2024
A new federal rule changing the definition of when someone is an independent contractor versus an employee could pose a “significant threat” to older working Americans’ income, security and peace...
Student loan repayment program latest recruitment tool being tested by provider
By
Kimberly Bonvissuto
Jan 22, 2024
A new student loan repayment program — with no lifetime cap — is being used by one senior living provider as a recruitment tool for clinical staff members who have daunting school debt.