HHS Announces the Availability of $25.5 Billion in COVID-19 Provider Funding

Combined application for American Rescue Plan rural funding and Provider Relief Fund Phase 4 will open on September 29 The Biden-Harris Administration announced today that the U.S. Department of Health and Human Services (HHS), through the Health Resources and Services Administration (HRSA), is making $25.5 billion in new funding available for health care providers affected by the COVID-19 pandemic. This funding includes $8.5 billion in American Rescue Plan (ARP) resources for providers who serve rural
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How Smart Technology Could Revolutionize The Senior Living Industry

America is facing a crisis of affordability for one of its most populous and vulnerable generations. Every day, about 10,000 Baby Boomers turn age 65, with all of them expected to reach this age by 2030. Life expectancies continue to rise, with the average ages of women and men now 86.7 and 83.9, respectively. Meanwhile, the average monthly price tag for living in an assisted living community is $4,051, and the average price for receiving in-home care is $4,290. The average
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2021 Assisted Living Statistics

Current data trends and projections According to the most recent available data: More than 810,000 people reside in assisted living facilities. Assisted living costs an average of $4,300 per month. The population of adults older than 85 will double by 2036 and triple by 2049. 7 out of 10 people require assisted living care in their lifetime. The U.S. will need nearly 1 million new senior living units by 2040. Nearly 30,000 assisted living facilities operate in the United States.
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What An Aging Population Means for Senior Housing Over the Coming Decades

Written by: Adam Tannenbaum The baby boomer generation began turning 65 in 2011 and in the next nine years, the whole generation will be 65-or-older.  A report from the Joint Center for Housing Studies at Harvard found that by 2035 one out of every three U.S. households will be headed by someone over the age of 65.[1]  By 2050, the 65-plus age group is estimated to exceed 85.6 million people, 50% over the 56.1 million
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C-PACE Financing Takes a Big Step into the Mainstream

PACE programs are now operating in nearly half the states in the U.S. and only 14 have not passed legislation enabling the financing structure. Beth Mattson-Teig | Jun 01, 2021 C-PACE financing has been gaining in popularity and new legislation set to take effect in New York City is expected to further catapult the use of the structure in retrofits and ground-up construction projects. Commercial Property Assessed Clean Energy (C-PACE) financing has been on a sharp upward
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