Assisted living providers to face increased regulation from bill headed for governor’s signature
By
Kimberly Bonvissuto
Apr 08, 2024
A bill expected to become law and targeting assisted living reform in Arizona addresses some best practices long touted by industry experts, but it also brings an increase in regulations for providers.
Arizona AG asks court to seize control of state’s ‘most notorious assisted living facility’
By
Kimberly Bonvissuto
Mar 26, 2024
Arizona’s top attorney is asking a court to seize control of “the most notorious assisted living facility in Arizona” amidst allegations of elder abuse and consumer fraud.
Older adults’ net worth surges following pandemic
By
Kathleen Steele Gaivin
Mar 13, 2024
Home and stock prices have increased substantially since the COVID-19 pandemic, resulting in a $91,000 median increase in net worth between 2019 and 2022 for households headed by someone aged 65 or more...
Assisted living sees 1.4 percent rate increase, lower than all other long-term care settings
By
Kimberly Bonvissuto
Mar 13, 2024
Although rate increases in assisted living communities were relatively low last year, increasing by 1.4% over 2022, those rates went up by 18.9% in total from 2021 to 2023, according to Genworth’s Cost...
HRSA may seek recovery of $159M in potential PRF overpayments
By
Kimberly Bonvissuto
Mar 11, 2024
An audit of Phase 2 distributions from the Provider Relief Fund has revealed roughly $18.4 million in potential overpayments that a federal watchdog agency says should be recovered from healthcare providers.
Cyberattack stalls prescription dispensing at UnitedHealth
Feb 27, 2024
This latest cyberattack underscores the vulnerability of healthcare data, particularly the privacy of patients’ personal information.
Americans have third largest pension income among retirees in 44 countries studied
By
Kathleen Steele Gaivin
May 02, 2022
Retirees in the United States, on average, have the third highest monthly pension income in the world, according to an analysis of retirement benefits in 44 countries by shopping platform Picodi.
Delivering on the promise of technology in senior living
By
Mike Webster
Mar 03, 2016
Many senior living communities are wondering how they will continue to manage overhead while delivering on the solutions that next-generation seniors will need and want. Fortunately, many of the answers...
Congressional report slams FDA, drugmaker over approval of Alzheimer’s drug Aduhelm
Dec 29, 2022
The controversy over aducanumab (Aduhelm) stretches back to its June 2021 approval by the US Food and Drug Administration.
SHOPP analysis finds a $1,064% increase in PPE costs
By
James M. Berklan
Apr 09, 2020
Skilled nursing facilities and assisted living centers treating COVID-19 patients have experienced a 1,064% increase in costs for required personal protective equipment since the deadly virus started its...