Assisted living accounts for plurality of acquisitions in second quarter
By
Kimberly Bonvissuto
Jul 18, 2023
Assisted living accounted for 42% of the publicly announced senior living and care acquisitions in the second quarter, according to newly released data from LevinPro LTC. The percentage was equal to the...
What’s ahead for seniors housing in 2016
By
Lois A. Bowers
Jan 10, 2016
Demand for seniors housing will continue in 2016, NIC’s chief economist predicts, but assisted living operators and investors have reason for caution.
Proposal would add Kentucky to mix of states trying to address long-term care financing
By
Kimberly Bonvissuto
Mar 13, 2024
Senior living provider groups are applauding Kentucky’s proactive approach to helping its residents pay for future long-term care needs with a proposal to form a task force to explore a statewide insurance...
Tackle housing affordability with existing bipartisan solutions, coalition tells Congress
By
Kimberly Bonvissuto
May 25, 2023
A coalition including the American Seniors Housing Association and 18 real estate-related organizations is encouraging members of Congress to pursue solutions to increase the housing supply in all markets,...
Senior living construction challenges continue post-pandemic: NIC
By
Kimberly Bonvissuto
Dec 20, 2023
A combination of challenges have prolonged timelines for senior living projects since the onset of the COVID-19 pandemic, and those delays will become even more problematic as the senior living industry...
Genworth: Acuity, luxury drive up assisted living costs 3.36% in 2017
By
Lois A. Bowers
Sep 27, 2017
The annual median cost of assisted living increased 3.36% from 2016 to 2017, according to the Genworth 2017 Cost of Care Survey, released Tuesday. There are two main reasons.
Life care contract most common type for Texas CCRCs: report
By
Lois A. Bowers
Feb 27, 2017
Ziegler and My LifeSite analyzed data from 32 providers in the Lone Star State to produce a new benchmarking report on the characteristics of continuing care retirement communities there.
Operator error means some could miss out on $100,000 or more in Provider Relief Fund payments
By
Kimberly Bonvissuto
Jun 07, 2022
Provider error could mean the loss of $100,000 or more in Provider Relief Fund monies for some senior living organizations.
Another defendant in American Senior Communities fraud case agrees to plead guilty
By
Lois A. Bowers
Nov 27, 2017
Another defendant in the alleged $16 million fraud, kickback and money-laundering scheme involving former executives of American Senior Communities has agreed to plead guilty to charges against him.
Independent contractor rule poses ‘significant threat’ to older workers, senators tell Labor Department
By
Kimberly Bonvissuto
Jan 31, 2024
A new federal rule changing the definition of when someone is an independent contractor versus an employee could pose a “significant threat” to older working Americans’ income, security and peace...