Category: Investing

Billionaire Moderna CEO Stéphane Bancel Pledges Stock Options Worth $355 Million To Undisclosed Charitable Causes

Despite a steep Moderna stock crash this year, the longtime biotech executive has amassed a $4.6 billion fortune.

Families Must Provide More Medical Care At Home, But With Little Training

The study, by Julia Burgdorf of the Visiting Nurse Service of New York and co-authors, looked at home health care after hospital discharge.

Biden’s Plan To Expand Broadband Will Be A Huge Help To Older Adults

While much of the attention on expanded broadband is focused on how it will help young families with children, it also will improve access to medical care and monitoring as well as social supports and services—critical benefits for older adults who hav…

Moderna Stock Falls Despite Vaccine Sales More Than Tripling From Last Year

Shares moved lower despite strong earnings results from the vaccine-maker.

Are Critics Of Private Equity Nursing Home Ownership Living In The Past?

Industry experts tell me that, increasingly, big investors in senior services are abandoning nursing facilities in favor of the far more lucrative home health business and, in some cases, private-pay senior housing.

Knowing Someone Has Your Back At The End Of Your Life

National Health Care Decisions Day was designated to remind us that no matter our age, planning for the inevitable day when we cannot make our own health care decisions is more than a good idea; it is essential. Now there is a do-it-yourself, online ad…

Pharma Billionaire Wu Yiling Loses $1 Billion In One Day As Questions Mount Over His Covid Medicine

Wu Yiling, the founder of traditional Chinese medicine producer Shijiazhuang Yiling Pharmaceutical, saw his wealth plunge by $1.1 billion in just one day amid questions over the efficacy of his purported Covid-treatment drugs.

American Elders Are Short-Changed 5 Years Of Healthy Retirement

It’s sad to know that the American de facto plan for retirement is working longer and dying sooner.

A Blue-Ribbon Panel Calls Nursing Home Care “Ineffective, Inefficient, Fragmented, And Unsustainable”

The National Academies of Science, Engineering, and Medicine has issued a scathing report on the state of nursing homes in the US. “The way in which the United States finances, delivers, and regulates care in nursing home settings is ineffective, ineff…

So…How’s Your Mental Health?

Mental health is just as important as physical health and older adults today are becoming more aware than past generations that they need help. Much of it is due to the state of the world today.