‘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...
CMS’ HCBS access rule adds burdens, industry says
By
Lois A. Bowers
Aug 09, 2023
Compensation spending requirement, quality measures are the focus of comments that groups submitted to the federal government.
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...
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.
The pandemic’s potential good news
By
Lois A. Bowers
May 09, 2022
Nobody asked for a pandemic, but potential long-term good news stemming from COVID-19 is that lasting positive changes could be in store for senior living and other long-term care providers.
Retiring Jewish HomeLife CEO talks about the importance of succession planning, diversification and vaccine...
By
Lois A. Bowers
Feb 04, 2022
Harley Tabak (Photo courtesy of Jewish HomeLife) Harley Tabak will retire at the end of the year after two decades at the helm of Jewish HomeLife in Atlanta. In April, he’ll transition to the role of...