In ‘scavenger hunt’ economy, providers will need to seize right opportunities
By
Kimberly Marselas
Sep 16, 2022
WASHINGTON, DC — Whether they think the US is in a recession or not, providers must prepare for “sticky inflation,” rising interest rates and layoffs that may hurt the overall economy without shaking...
‘Recession proof’ nursing homes may not see usual labor gains due to COVID
By
Kimberly Marselas
Aug 29, 2022
While nursing homes have traditionally been better able to compete for and keep workers in an economic downturn, a possible recession coming on the heels of COVID-19 will test conventional wisdom.
3 reasons why LTC profits may soon be harder to come by
By
John O'Connor
Nov 24, 2014
While nobody in the field is shouting it from the mountain tops, the long-term care sector has been enjoying more than its share of easy layups lately. That could be coming to an end in the not too distant...
McKnight’s online expo tackles sources of capital for 2012
Feb 22, 2012
Prices for assisted living communities grew 45% in 2011, to $156,900 per unit, according to a new report. Senior living industry analysts were encouraged by the results of the report, which showed that...
Recession slows cost growth at some long-term care facilities
Sep 21, 2010
There were smaller cost increases at some long-term care facilities from 2008-2010 as a result of the economic recession, according to a new analysis from Prudential Financial Inc., a financial services...
Lower-income, older adults struggling, AARP study finds
Sep 15, 2010
The recession has been especially hard on lower-income, older adults, according to a study released Tuesday by AARP.
What the long-term care world needs now
By
Dave Sedgwick
Apr 27, 2010
The time has come to decentralize long-term care organizations to attract more entrepreneurial, innovative and committed leaders.
State budgets unlikely to recover until ‘late in the next decade,’ governors say
Nov 16, 2009
The recession has seriously bruised states over the last year and they will continue to face fiscal difficulties, according to reports released last week by the National Governors Association and the National...
More nurses taking on overtime hours to ease recession pains
Jul 27, 2009
Nurses are taking on more hours and more shifts during the recession, but many say that it’s only temporary, according to a new survey.