Labor costs, federal scrutiny create distress in senior living and care
By
Kimberly Bonvissuto
May 30, 2024
The major challenges and opportunities facing senior living and care providers include bankruptcy filings, scrutiny of private equity involvement and antitrust concerns in deals.
Series on long-term care affordability, staffing, equity a ‘wake-up call,’ industry advocate says
By
Kimberly Bonvissuto
May 28, 2024
A special report published last week by CNHI News and the Associated Press that focused on several “issues and complications” in assisted living and other forms of long-term care is a “wake-up call...
Task force releases recommendations addressing workforce shortages
By
Kimberly Bonvissuto
May 20, 2024
Although North Carolina’s assisted living communities don’t employ large numbers of nurses, industry leaders noted that findings and recommendations from a state task force on addressing a shortage...
Several HR-related legal challenges face senior living employers
By
Kimberly Bonvissuto
May 03, 2024
Human resources issues in senior living aren’t limited to paying competitive wages to recruit and retain employees; an organization’s leaders may need to reassess their management strategies to navigate...
Senior living ‘on the precipice of this defining moment,’ Argentum CEO says
By
Kimberly Bonvissuto
Apr 30, 2024
The senior living industry sits “on the precipice of this defining moment with significant challenges but also tremendous opportunities” to tell its story and help millions of older adults “live...
Assisted living model could be threatened by long-term care workforce proposal
By
Kimberly Bonvissuto
Apr 30, 2024
A proposed federal bill includes substantial new funding for long-term care workforce development, but it potentially threatens the assisted living model by including the setting with more clinical ones,...
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...
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 nursing home staffing mandate will siphon workers from senior living, groups fear
By
Kimberly Bonvissuto
Apr 23, 2024
A federal nursing home staffing mandate will siphon workers from assisted living and other long-term care settings, in the long run limiting access to care and services, according to senior living experts...