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,...
Retirement confidence has not recovered from significant 2023 drop: survey
By
Kathleen Steele Gaivin
Apr 30, 2024
Workers’ and retirees’ confidence has not fully bounced back from last year’s drop, but signs exist that a positive recovery is underway, according to results of the 2024 Retirement Confidence Survey...
Bill aims to prevent Medicaid Access Rule implementation
By
Kimberly Bonvissuto
Apr 29, 2024
The Centers for Medicare & Medicaid Services would be prohibited from implementing the Medicaid Access Rule under a bill introduced last week in the House of Representatives.
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...
More than 80% of nursing homes do not meet the updated requirements in the final staffing mandate from CMS.
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...
A final rule issued Tuesday by the Federal Trade Commission will prohibit employers across the country from using noncompete agreements in most instances.
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...