New solar panels expected to save CCRC $40,000 per year
By
Kathleen Steele Gaivin
Feb 02, 2022
The Town Center at Covenant Living of Cromwell, a continuing care retirement community in Connecticut, is committed to conserving energy and becoming more sustainable for the future while at the same time...
CCRC expects up to $70,000 in annual savings by going green
By
Kathleen Steele Gaivin
Oct 15, 2021
Carroll Lutheran Village is expanding its green initiatives with energy-efficient lighting and solar panels to reduce energy consumption and costs. The Westminster, MD, not-for-profit continuing care retirement...
Business briefs, June 29
By
Kathleen Steele Gaivin
Jun 29, 2021
CT retirement community converts to solar power … Mortgage rates rise above 3%: Freddie Mac … Fitch Ratings assigns BBB– IDR to Kendal at Lexington … Affordable senior housing building sets aside...
Assisted living likely to see a return to ‘neighborhood’ model, architects say
By
Amy Novotney
Jul 24, 2020
As the pandemic continues to affect the long-term care industry, the future of assisted living is likely to involve a return to and enhancement of the “neighborhood” planning model, according to industry...
WSJ: Seniors housing could face big vacancies with telemedicine available to help with care needs at...
By
Amy Novotney
May 13, 2020
The ongoing spread of COVID-19 within skilled nursing facilities and assisted living communities and a national surge in telemedicine use may be two key factors fueling a push for seniors to age at home,...
OSHA ‘working expeditiously’ to issue COVID-19 final healthcare standard
By
Kathleen Steele Gaivin
Feb 18, 2022
The Occupational Health and Safety Administration is “working expeditiously” to issue a final COVID-19 healthcare standard, the Labor Department said Thursday. The rule would apply in skilled nursing,...
Almost a third of nation’s workforce earns less than $15 an hour, research shows
By
Kathleen Steele Gaivin
Mar 25, 2022
New research from Boston-based Oxfam America indicates that 51.9 million workers, 31.9% of the nation’s workforce, earn less than $15 an hour.
Industry veterans launch new senior living firm while Transforming Age, SHAG form affiliation targeting...
By
Amy Novotney
Feb 25, 2021
Former Welbrook Senior Living executive Douglas Brawn has launched a new senior living company, Alta Senior Living. The vertically integrated senior living real estate investment, development and operations...
Lawmakers should force private equity firms out of nursing homes, advises one think tank
By
James M. Berklan
May 04, 2021
A “worrisome trend” of private equity investment in nursing homes should be scrutinized and halted altogether within five years, asserts a left-leaning think tank in an issue brief released Friday.
Long-term care industry expresses disappointment as Congress passes stimulus bill
By
Amy Novotney
Dec 22, 2020
Both the House and Senate on Monday night approved a $900 billion COVID-19 stimulus package that will provide direct payments and jobless aid to Americans as well as needed funding for small businesses...