Alzheimer’s cure would result in assisted living losses of $16 billion in annual revenues, 110,000...
By
Lois A. Bowers
Sep 17, 2019
A “novel, simple and fast-acting” cure for Alzheimer’s disease would be a “medical miracle” but would result in a loss of $16.3 billion in annual revenues for the assisted living industry, according...
Liability claims lead to higher premiums, reduced coverage for senior living providers
By
Kimberly Bonvissuto
Nov 24, 2021
Insurance premiums are rising and coverage is tightening, leaving senior living providers facing significant increases in loss costs, according to a new claims benchmarking study from Willis Towers Watson.
Elopement in assisted living: Not common, but costly
By
Lois A. Bowers
Nov 03, 2016
Resident elopement may not happen often, but when it does, it may cost assisted living communities a lot of money, according to a newly released analysis of claims data.
Higher staffing levels save one operator millions
By
Lois A. Bowers
Sep 18, 2016
It may seem counterintuitive, but Shamim Wu, president and chief operating officer of memory care provider Silverado, says that one way the company manages expenses is by having staffing levels that are...
267 senior living communities named ‘Caring Stars’ for 2018
By
Lois A. Bowers
Nov 09, 2017
Caring.com is releasing its list of reviews-based honorees today, and 267 independent living communities, assisted living communities, memory care communities, care homes or skilled nursing facilities...
Brookdale hit with class-action lawsuit claiming understaffing, ADA violations
By
Lois A. Bowers
Jul 16, 2017
A set of disgruntled residents on Thursday filed what they believe could be the first class-action lawsuit against an assisted living operator to be brought under the Americans with Disabilities Act. Potential...
Memory care will be big growth area in 2018, senior living leaders predict
By
Lois A. Bowers
Feb 14, 2018
Memory care will be the biggest growth area in senior living and long-term care in 2018, predict executives participating in Lancaster Pollard’s “2018 Seniors Housing and Care Survey,”...
Senior living community will ‘vigorously’ defend itself in wrongful termination lawsuit
By
Kimberly Bonvissuto
Jun 02, 2022
The owner of an Iowa assisted living and memory care community says the company will “vigorously” defend itself in a wrongful termination lawsuit from a former resident assistant who alleges she was...
Construction, renovation plans outweigh buying, selling in 2017: survey
By
Lois A. Bowers
Feb 14, 2017
Senior living construction and renovation projects, especially in assisted living and memory care, are on the rise, whereas efforts to buy or sell existing properties have waned, according to the findings...
The 10 highest-ranking senior living operators in 2016
By
Lois A. Bowers
Dec 06, 2016
SeniorAdvisor.com has released its Best of 2017 Awards, honoring those operators that have received high marks on the Austin, TX-based online ratings and reviews site in 2016. See the companies, states...