Senior living occupancy recovery affected by ‘idiosyncratic’ factors: NIC
By
Kimberly Bonvissuto
Sep 14, 2022
Demand recovery, inventory growth and the construction pipeline are the “trifecta” shaping senior living sector recovery, according to the National Investment Center for Seniors Housing & Care.
Georgia Legislature blocks ‘granny cam’ legislation; industry reps raised concerns
By
Kimberly Bonvissuto
Sep 15, 2020
A bill that would allow residents of assisted living communities and personal care homes to install electronic monitoring equipment in their rooms has been blocked by the Georgia General Assembly, according...
‘Out of control’: Panelists share frustrations, solutions to managing cash flow during pandemic
By
Kimberly Bonvissuto
Sep 24, 2020
The global coronavirus pandemic has created a “tsunami” of decreasing occupancy, coupled with increasing costs related to personal protective equipment and labor, to create an operating environment...
Unique operating model produces continued profitability, Pennant Group execs say
By
Kimberly Bonvissuto
Nov 12, 2020
Occupancy declines in the early months of the COVID-19 pandemic were replaced by slight occupancy increases as the Pennant Group’s Pinnacle senior living business produced strong results into the third...
Meeting the needs of older adults means focusing on the middle, industry experts say
By
Kimberly Bonvissuto
Oct 09, 2020
Economic pressures placed on middle-income older adults during the COVID-19 pandemic has created a growing population of seniors with housing needs but limited resources. Senior housing providers recognize...
Personal robots used in senior living are vulnerable to cyberattacks, McAfee finds
By
Kimberly Bonvissuto
Aug 13, 2020
The discovery that some robot “friends” increasingly used in senior living communities can be vulnerable to cyberattacks is “a reminder of how important vulnerability assessment programs are for...
High vaccination rates, workforce recovery signal signs of positivity: Sabra CEO
By
Kimberly Bonvissuto
Feb 23, 2022
High COVID-19 vaccination rates and the workforce’s recovery from omicron infections are positive signs as the senior living and care sector climbs back to pre-pandemic occupancy levels, according to...
Labor, rate pressures challenge recovery of senior living industry
By
Kimberly Bonvissuto
Nov 05, 2021
The recovery of the senior living industry will continue to be uneven in the face of a challenging labor market and wage pressures, as well as competition driving rates down, according to industry experts.
Pandemic’s upending of senior living might not be such a bad thing: speaker
By
Kimberly Bonvissuto
Nov 11, 2020
Senior living and care has been one of the industries most disrupted by the COVID-19 pandemic, creating “radical changes” in resident engagement. But that might not be such a bad thing, according to...
Demographics, changing consumers lead former Five Star, now AlerisLife, to expand into active adult,...
By
Kimberly Bonvissuto
Jan 27, 2022
An aging demographic and changing consumer demand have led one of the country’s largest senior living companies to pivot from its primary role as an owner and operator of independent living, assisted...