Amidst an increasingly uncertain economic outlook, Welltower reported another quarter of operating results that continue to exceed the company’s expectations, powered by “exceptional” growth in its...
Welltower SHOP sees 4th consecutive quarter of 20+ percent NOI growth
By
Kathleen Steele Gaivin
Nov 01, 2023
Net operating income growth in Welltower’s senior housing operating portfolio exceeded 20% for the fourth consecutive quarter, CEO Shankh Mitra said Tuesday during the company’s latest earnings call.
Users of wearable health trackers increasingly comfortable with sharing data with doctors, new study...
By
Aaron Dorman
Oct 31, 2023
A majority of those who use health wearables say they would share their personal health data with clinicians, a new study shows.
Massive joint-replacement recall could increase care burden for affected seniors
By
Aaron Dorman
Oct 30, 2023
A recall of defective artificial joints has put more than 100,000 older adults’ health in flux and could result in costly new surgeries.
Final deadline for 2024 McKnight’s Pinnacle Award nominations is Nov. 5
By
Lois A. Bowers
Oct 30, 2023
The final nomination deadline for the McKnight’s Pinnacle Awards is this Sunday, Nov. 5. The entry fee is $285.
Integrating housing and healthcare to stimulate move-ins and margins
By
Kimberly Bonvissuto
Oct 27, 2023
CHICAGO — For decades, the senior housing industry catered to the business of wants, building on lessons from the hospitality industry in offering comfort, ease and fun. But only 10% of Americans have...
Innovation will attract the next-generation consumer to senior living, speakers say
By
Kimberly Bonvissuto
Oct 26, 2023
CHICAGO — The baby boomers will change the senior living industry dramatically and already are pushing it to a point of reckoning, according to a panel of experts discussing the next generation of 55-plus...
Labor market stabilization, operator efforts ease senior living workforce challenges
By
Kimberly Bonvissuto
Oct 26, 2023
Vacancies are down, and caregiver staffing is beginning to stabilize in senior living communities, according to new data on wage growth for certified nursing assistants, licensed practical nurses and registered...
Thousands of nursing home, assisted living residents receive VR headset gifts as respite from unfolding...
By
Aaron Dorman
Oct 25, 2023
As war escalates in Israel, thousands of seniors living in the Holy Land are being gifted virtual headsets to help combat stress and PTSD.
Provider is victim of data security breach at 3 locations
By
Kimberly Bonvissuto
Oct 19, 2023
A Connecticut senior living and care provider is warning that a data security breach potentially affected assisted living residents as well as rehabilitation patients in three locations.