Victoria Kozar and Joe Huberman are the two newest assisted living residents at Masonicare at Ashlar Village in Wallingford, CT, having moved in on Tuesday. They’re also the youngest residents,...
Senior living construction costs expected to increase 3 to 6 percent
By
Kathleen Steele Gaivin
Feb 21, 2024
Senior living construction costs will average 3 to 6% more in 2024 compared with 2023, although costs will vary by market, according to a special issue brief by The Weitz Co. prepared for the American...
Brookdale, HCP loosen ties in what CEOs call ‘win-win’ deals
By
Lois A. Bowers
Nov 03, 2017
HCP will reduce the exposure to Brookdale Senior Living in its portfolio and Brookdale will gain more flexibility to negotiate to sell some or all of its assets in a series of transactions announced Thursday...
Senior living providers express concern as states redirect COVID vaccines elsewhere
By
Kimberly Bonvissuto
Jan 27, 2021
As states are pressured to get shots into arms more quickly, some governors and public health officials are rerouting COVID-19 vaccine doses earmarked for assisted living communities and nursing homes...
Employer COVID-19 vaccine mandates significantly increase uptake with little effect on staffing: study
By
Kimberly Bonvissuto
Aug 08, 2023
An employee mandate led to a “significant” increase in COVID-19 vaccine uptake with little effect on staffing in a multi-state network of continuing care retirement communities studied by researchers,...
NHI sells portfolio of nine Holiday properties
By
Kathleen Steele Gaivin
Aug 11, 2021
“It’s been a busy 2021, and the breakneck speed won’t’ be ending anytime soon,” National Health Investors CEO and President Eric Mendelsohn said in Tuesday’s second quarter earnings call.
Memory care ‘fiercest’ area of competition for Five Star, CEO says
By
Lois A. Bowers
Mar 22, 2018
Memory care has been the “fiercest” area of competition in private-pay senior living over the past year, Five Star Senior Living President and CEO Bruce Mackey said Wednesday during a fourth...
Federal efforts to strengthen care economy fall short for senior living, advocates say
By
Kimberly Bonvissuto
Apr 19, 2023
President Biden’s executive order on strengthening the care economy, although well-intentioned, does not offer adequate solutions for long-term care in part because it does not support assisted living...
Dominion counts on profit-sharing to woo, keep executive directors
By
Lois A. Bowers
Aug 25, 2017
Dominion Senior Living is adapting Chick-fil-A’s employment approach to senior living, banking on the belief that executive directors who “own” the experience at their communities will...
‘Headwinds’ cause assisted living per-unit price to fall 16% to $186,400: Report
By
Lois A. Bowers
Apr 11, 2019
Headwinds such as overdevelopment and higher staffing and service costs caused the average price per unit in assisted living communities to fall 16% to $186,400 in 2018, according to a new report.