‘Profound’ financial, workforce challenges persist for senior living providers as 2024 begins
By
Lois A. Bowers
Jan 02, 2024
Senior living operators will continue to face inflationary pressures and capital market challenges in 2024, but some effects may lessen before the year is out, according to senior living industry experts....
‘Plain vanilla’ senior living still won’t do
By
Lois A. Bowers
Dec 18, 2023
As McKnight’s Senior Living turns 20, Bob Kramer discusses how operators must customize and personalize their offerings to attract and keep residents.
Federal, lender support needed for assisted living operators to lower rates, leader says
By
Lois A. Bowers
Nov 21, 2023
Financial support from the federal government and private lenders would be required to lower assisted living rates, National Center for Assisted Living Executive Director LaShuan Bethea told the New York...
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...
Mandatory rent control would undermine housing goals, says provider coalition including ASHA
By
Lois A. Bowers
Aug 14, 2023
Mandatory rent control and rent stabilization policies like the ones under consideration by the federal government “have proven time and time again to increase rents, reduce the capital needed to boost...
UPDATED: Merger of Good Samaritan, Ebenezer parent organizations called off
By
Lois A. Bowers
Jul 27, 2023
The planned merger of the parent companies of two of the largest not-for-profit senior living and care organizations in the country, announced in November, has been called off.
CMS’ spending requirement in HCBS rule ‘not the right approach,’ senior living advocates say
By
Lois A. Bowers
Jul 06, 2023
A proposal that the Centers for Medicare & Medicaid Services says is meant to “support and stabilize the direct care workforce” in home- and community-based settings, if it becomes final, ultimately...
Marilynn Duker to receive 2023 McKnight’s Women of Distinction Lifetime Achievement Award
By
Lois A. Bowers
Apr 13, 2023
Marilynn Duker, co-chair of Brightview Senior Living, has been selected as this year’s Lifetime Achievement Award winner in the McKnight’s Women of Distinction program.
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.
Bill would reform tax code to make long-term care insurance more affordable, accessible
By
Lois A. Bowers
Mar 22, 2022
Legislation introduced last week in the House of Representatives would reform the tax code in an effort to make long-term care insurance more affordable and accessible for older adults. It has the backing...