The needs of older relatives remove women from the labor force in the United States far more than in other wealthy nations, at a cost to the economy. Source: NYT > Business – Eduardo Porter
A $1 Million Penalty Brings Record Nursing Home Default Near an End
The financial failure of the Rosewood Care Centers underscored gaps in the oversight of a program that insures $20 billion in mortgages to more than 2,300 nursing homes. Source: NYT > Business – Matthew Goldstein
At 75, Taking Care of Mom, 99: ‘We Did Not Think She Would Live This Long’
The phenomenon some experts call “aging together” — people in their 60s and 70s, usually women, helping much older relatives — can take a financial toll. Source: NYT > Business – Susan B. Garland
Dozens of Nursing Homes With HUD-Backed Mortgages Have ‘Serious Deficiencies’
A list of the most troubled nursing homes in the country includes 74 with mortgages insured by a federal government agency that stopped inspecting such homes several years ago. Source: NYT > Business – Matthew Goldstein and Robert Gebeloff