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...
Opportunities await beyond near-term challenges
By
Lois A. Bowers
Sep 11, 2019
Recent news is enough to cause any operator, developer or investor to reach for the aspirin. A look at data from the National Investment Center for Seniors Housing & Care, as well as discussions with experts...
Senior living groups oppose proposed overtime rule
By
Lois A. Bowers
Sep 08, 2015
Several organizations representing senior living providers have told the U.S. Department of Labor that they oppose a proposed rule that would extend Fair Labor Standards Act overtime protections to almost...
76 more assisted living directors obtain credential
Jul 31, 2017
Seventy-six additional senior living professionals have earned the certified director of assisted living, or CDAL, credential, the Senior Living Certification Commission announced Monday.
Assisted living director pay tops $73,000 in CCRCs, survey finds
By
Lois A. Bowers
Jul 09, 2018
Pay for directors of assisted living/personal care who work in continuing care retirement communities averaged $73,938 in 2018, according to the “Continuing Care Retirement Community Salary & Benefits...
A $60 million lawsuit alleging understaffing and fraudulent billing at 45 senior living communities in North Carolina “is an erroneous interpretation of Medicaid reimbursement in the state,”...
Drug disposal rule sets up providers for noncompliance, groups say
By
Lois A. Bowers
Jan 05, 2016
The government’s apparent lack of understanding about the differing characteristics among senior living settings could put some providers “perpetually in noncompliance” with a proposed...
4 disruptors facing senior living operators
By
Lois A. Bowers
Jun 08, 2018
Some senior living operators risk being overwhelmed by the pace of change in the industry, meaning that there is “tremendous potential for disruption,” according to the authors of a new white...
NIC: Assisted living occupancy rate strongest in 2 years at 85.7 percent in fourth quarter
By
Lois A. Bowers
Jan 10, 2020
Assisted living occupancy increased to 85.7% in the fourth quarter of 2019, up from a recent record low of 85.1% earlier in the year as demand outpaced new inventory growth, according to data released...
Middle market could provide answer to occupancy, oversupply issues, CEO says
By
Lois A. Bowers
Apr 25, 2019
Serving middle-income older adults could be an answer to the occupancy and oversupply challenges facing senior living operators and developers, Eclipse Senior Living CEO Kai Hsiao told those attending...