Active adult consumers want a sense of community but are open to senior living if the need arises
By
Kimberly Bonvissuto
May 23, 2024
Although some older adults choose active adult communities over independent living or continuing care retirement / life plan communities, the active adult sector does not appear to be “poaching” large...
Resident dining contracts in senior living present complex web of offerings
By
Kimberly Bonvissuto
May 23, 2024
Points versus a la carte. Formal versus informal. Resident dining contracts vary among providers and are a “very challenging part” of the overall service package for senior living providers, according...
Alzheimer’s Association’s new ‘Superhub’ can help providers launch dementia care training programs
By
Kimberly Bonvissuto
May 23, 2024
Senior living and other long-term care providers looking to launch their own dementia care training programs now can turn to the Alzheimer’s Association, which was just named the world’s first Project...
High hopes for Mary Jane?
By
John O'Connor
May 23, 2024
The budding shift in our nation’s drug policy could have notable implications for senior living operators — and the residents they serve.
The importance of falls prevention in senior living
By
Tom Katofiasc
May 23, 2024
It’s time to prioritize falls prevention for our most vulnerable population. Here are four strategies to reduce resident falls in assisted living.
Healthcare cost growth rate down year over year, except for skilled nursing
By
Kathleen Steele Gaivin
May 23, 2024
Healthcare cost rates grew by 2.8% year over year in April, down from the growth rate of 3.1% seen the previous month.
56 percent willing to dip into retirement savings to be family caregiver: survey
By
Kathleen Steele Gaivin
May 23, 2024
Fifty-six percent of Americans participating in a new survey said they would be willing to take a loan from their own retirement fund to become a caregiver for someone else.
California takes top spot as worst state for retirees
By
Kathleen Steele Gaivin
May 23, 2024
California and New York are the worst places for retirees to live, due to rising costs, lack of healthcare options and limited choice of retirement communities, according to data from SmartAsset as reported...
Business briefs, May 23
By
Kathleen Steele Gaivin
May 23, 2024
Resident dining contracts in senior living present complex web of offerings … CMS updates spousal impoverishment standards … ‘Inspiring Generations’ will be theme for National Assisted Living Week...
Actions & Transactions, May 23
By
Kathleen Steele Gaivin
May 23, 2024
Tredway, LIHC Investment Group provides $40M in financing for affordable senior housing in Newark, NJ … CFR closes $9.75M bridge-to-HUD loan for refinancing of MA SNF … CPP acquires affordable senior...