US News Best Senior Living program grows to recognize 1,703 communities in third year … CareTrust REIT awarded ISS ESG ‘prime’ status for 2024 … Woodlands Senior Living earns assisted living...
Business briefs, April 11
By
Kathleen Steele Gaivin
Apr 11, 2024
Consumer Price Index increases by 0.4% … New group to advocate for retirement-related public policies … Fitch Ratings affirms Asbury Maryland at BBB; outlook stable
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...
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.
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...
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...
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.
Nasdaq Stock Market has issued a warning to Newton, MA-based Diversified Healthcare Trust that it must boost its stock price above $1 per share or face delisting, the real estate investment trust announced...