Senior living market fundamentals favor REITs, LTC Properties CEO says
By
Kimberly Bonvissuto
Feb 20, 2024
LTC Properties Chairman and CEO Wendy Simpson called 2023 a “year of solid execution” as the real estate investment trust “substantially resolved” all of its challenges and looks to 2024 with market...
Brookdale achieves 31 consecutive months of occupancy growth
By
Kimberly Bonvissuto
Jun 12, 2024
Brookdale Senior Living announced late Monday that it has achieved 31 consecutive months of year-over-year weighted average occupancy growth.
Proposed law would impose federal reporting requirements on assisted living providers
By
Kimberly Bonvissuto
Feb 27, 2024
The recent closure of a large skilled nursing facility in Missouri has led to a bill that proposes minimum staffing levels for assisted living communities and a requirement that assisted living providers...
Learn about staffing, AI solutions from industry experts June 27 at free virtual event
By
Lois A. Bowers
Jun 21, 2024
Join McKnight’s for a complimentary “Meeting of the Minds” virtual event on Thursday, June 27, to hear the latest news and information about staffing and artificial intelligence from industry experts.
SCOTUS places ‘tombstone’ on Chevron doctrine, upending operation of federal agencies
By
Kimberly Bonvissuto
Jul 01, 2024
A Supreme Court decision handed down Friday morning could transform the way federal agencies operate, providing the basis for senior living operators and other companies to challenge agency decisions.
Invesque makes addition, dispositions and operator transitions
By
Lois A. Bowers
Nov 10, 2023
Invesque continued to adjust its portfolio through an addition, dispositions and operator transitions in the third quarter and afterward, the Fishers, IN-based healthcare real estate company reported as...
Bill would ban COVID-19 vaccine mandates despite older adults remaining at highest risk for serious outcomes
By
Kimberly Bonvissuto
Nov 02, 2023
A study underscoring the need to continue to protect older adults from COVID-19 comes as one state appears close to banning COVID-19 vaccine mandates by private employers, including senior living communities.
Senior living hourly wages outpace private sector, but competition for workers continues
By
Kimberly Bonvissuto
Apr 24, 2024
Hourly wages in senior living communities have increased by 30.9% over the past five years, outpacing growth in the broader private sector by 6.5 percentage points. But the labor market remains “exceptionally...
US Senate launches investigation of assisted living after lay media reports about safety, staffing, pricing
By
Kimberly Bonvissuto
Jan 17, 2024
The US Senate Special Committee on Aging is launching a review of the assisted living industry following recent articles in the Washington Post, which reported on the deaths of residents who wandered from...
New report offers 4 ideas to meet the needs of the ‘forgotten middle’
By
Kimberly Bonvissuto
Jan 10, 2024
A new report released Tuesday by the Milken Institute presents four potential solutions to improving the financing and delivery of housing for the “forgotten middle,” those whose incomes are too low...