Bills would expand assisted living access, give sector a voice in decision-making
By
Kimberly Bonvissuto
Mar 15, 2023
Proposed bills with backing from senior living groups would remove a barrier to access to assisted living care and provide the industry a seat at the table on decisions affecting the sector in Illinois.
HUD 2024 funding proposal presents ‘mixed bag’ for senior housing
By
Kimberly Bonvissuto
Mar 15, 2023
President Biden’s $73.3 billion budget request to address affordable housing in 2024 is “strong” overall but presents a “mixed bag” for senior housing, according to LeadingAge.
Iowa senior living residents take TikTok by storm
By
Foster Stubbs
Mar 15, 2023
The Fountains Senior Living in Bettendorf, IA has a TikTok account that has everyone talking. Find out more, and learn how to submit your photos!
NLRB rescinds some election rule provisions, delays implementation of others
By
Kathleen Steele Gaivin
Mar 15, 2023
The National Labor Relations Board has rescinded portions of a 2019 final rule related to union elections and delayed implementation of other provisions. The action complies with a recent decision of the...
Long-term care ‘full bore ahead’ on DEIB initiatives
By
Kathleen Steele Gaivin
Mar 15, 2023
Corporate diversity pledges have fallen off at some companies amid layoffs, according to media reports, but long-term care is “full bore ahead on [diversity, equity, inclusion and belonging],” a representative...
Costs for linked-benefit long-term care insurance policies drop up to 15 percent from last year
By
Kathleen Steele Gaivin
Mar 15, 2023
Costs for linked-benefit long-term care insurance policies — policies linked with another type of policy, such as life insurance — generally are between 10% and 15% lower in 2023 than they were a year...
Business briefs, March 15
By
Kathleen Steele Gaivin
Mar 15, 2023
Bill would require senior living communities to recognize essential caregivers … Legislation addressing immigration reform faces backlash in state senate … HUD 2024 funding proposal presents ‘mixed...
Actions & Transactions, March 15
By
Kathleen Steele Gaivin
Mar 15, 2023
Walker & Dunlop closes $46M in refinancing of Terrace Portfolio assisted living communities … CBRE provides $18.2M agency loan for refinancing of TX senior housing property … Lument arranges $15M HUD-insured...
Novo Nordisk to cut insulin prices by up to 75 percent
Mar 14, 2023
The news follows a similar move made by Eli Lilly, which said earlier this month that it will cut insulin prices by 70%.
New model predicts two-year risk for fall injuries in nursing home residents
Mar 14, 2023
The clinical tool includes five characteristics, including activities of daily living and history of nonhip fracture.