Medicare Advantage needs to ‘wake up’ to value of senior living, experts say
By
Kimberly Bonvissuto
Mar 20, 2023
A new report from LeadingAge looks at the challenges and potential solutions to address the failures of Medicare Advantage. Senior living advocates are looking at it as a learning experience and opportunity...
‘Transformational’ year sees Invesque continue to pare portfolio to focus on private-pay senior housing
By
Kimberly Bonvissuto
Mar 17, 2023
During a “transformational” 2022, Invesque continued working toward its goal of simplifying its portfolio to become a company focused predominantly on private-pay senior housing.
‘Alzheimer’s crisis’ intersecting with direct care workforce challenges, association says
By
Kimberly Bonvissuto
Mar 16, 2023
The nation is facing an “Alzheimer’s crisis” as the number of older adults in whom the disease is diagnosed continues to increase amid a shortage of direct care workers, according to the Alzheimer’s...
Brookdale’s year-over-year occupancy up 300 basis points in February
By
Kimberly Bonvissuto
Mar 10, 2023
Brookdale Senior Living reported a year-over-year 300-basis-point boost to its consolidated occupancy for February.
Hasbro turns attention back to older adults with new gaming partnership
By
Kimberly Bonvissuto
Mar 07, 2023
A company known for its line of robotic pets used in senior living settings is partnering with entertainment giant Hasbro to create a new line of gaming experiences specifically for older adults and their...
Operator’s victory in social media-related case provides lessons for others
By
Kimberly Bonvissuto
Mar 02, 2023
A Pennsylvania life plan community executive who was fired after sending a pro-Trump tweet clearly violated the company’s social media policy and cannot proceed with an age and gender bias claim, a court...
Temporary staffing agencies thrust more into crosshairs amid workforce crisis
By
Kimberly Bonvissuto
Feb 28, 2023
A bill recently introduced in Oregon would make temporary staffing agencies more transparent and affordable, senior living advocates say.
Pennant commits to redoubling leadership investments to continue ‘transformational’ growth
By
Kimberly Bonvissuto
Feb 27, 2023
The Pennant Group posted full-year and fourth-quarter results that demonstrated progress in 2022 and “meaningful momentum” heading into 2023 due to investments in people, CEO Brent Guerisoli during...
Long-term care CEO compensation averages $555,340: report
By
Kimberly Bonvissuto
Feb 27, 2023
Salaries for the nation’s long-term care CEOs range from $318,168 to $600,846, with average total compensation landing at $555,340, according to the 39th edition of the Multi-Facility Corporate Compensation...
NHI seeks to capitalize on growth opportunities despite continuing challenges
By
Kimberly Bonvissuto
Feb 23, 2023
The outlook for 2023 is much more promising as National Health Investors returns to a focus on growth, according to President and CEO Eric Mendelsohn.