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...
Alzheimer’s Association’s new ‘Superhub’ can help providers launch dementia care training programs
By
Kimberly Bonvissuto
May 23, 2024
Senior living and other long-term care providers looking to launch their own dementia care training programs now can turn to the Alzheimer’s Association, which was just named the world’s first Project...
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...
Assisted living will ‘meet its promise’ by providing services consumers want, experts say
By
Kimberly Bonvissuto
May 08, 2024
Through the evolution of the assisted living model, the needs of residents have become more challenging, staffing shortages have worsened, regulations have become more complex, financing and accessibility...
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,...
Policy initiatives underway to lessen direct care workforce shortages
By
Kimberly Bonvissuto
Apr 29, 2024
Direct care workforce shortages strain the healthcare system overall and affect access, quality and costs. Although no single answer to the issue exists, several policy initiatives and solutions underway...
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...