Federal bill targeting private equity would have ‘chilling effect’ on assisted living investment,...
By
Kimberly Bonvissuto
May 07, 2024
Proposed federal legislation targeted increased transparency and accountability for private equity in healthcare, if passed, would have a “chilling effect” on future investment in assisted living and...
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,...
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...
Proposed overtime rule would worsen workforce, resident access issues, provider groups fear
By
Lois A. Bowers
Aug 31, 2023
A Labor Department-proposed rule that would make approximately 3.6 million more salaried workers and so-called highly compensated employees eligible for overtime pay is “ill-timed” and would worsen...
Senior living will need 3 million workers by 2040: Argentum
By
Kimberly Bonvissuto
Mar 09, 2023
By 2040, long-term care settings will have 20 million job openings — 3 million of those alone in senior living — escalating the need to recruit and retain workers, and to educate lawmakers on the acute...
COVID, workforce, financial issues confront senior living providers as 2023 starts, leaders say
By
Lois A. Bowers
Jan 03, 2023
Addressing the burnout plaguing existing employees while working to entice others to join the industry will be a focus of providers in 2023.
Industry organizations to promote careers in aging
Mar 01, 2019
Argentum, the American Health Care Association / National Center for Assisted Living and LeadingAge for the first time are participating in Careers in Aging Week, taking place March 3 to 9.
Argentum works on Plan B as weather thwarts fly-in
By
Lois A. Bowers
Mar 26, 2018
Argentum is planning to find additional ways to discuss the Government Accountability Office’s assisted living-related report, home- and community-based services and other issues after the second...