Insurance rates add to financial challenges facing Florida’s assisted living operators
By
Kimberly Bonvissuto
Jun 04, 2024
The rapid increase in commercial property insurance rates in Florida was the final straw for some senior living providers still struggling with workforce challenges, rising wages and inflation.
Senior living leaders named to ‘top lobbyists’ list
By
Kimberly Bonvissuto
Dec 08, 2022
Representatives from trade associations representing the senior living field have been named to The Hill’s ‘Top Lobbyists 2022” list, published Wednesday.
1.65 million Medicaid beneficiaries receive HCBS through waivers like those used in assisted living
By
Kimberly Bonvissuto
Aug 30, 2022
A total of 1.65 million Medicaid beneficiaries received home- and community-based services through section 1915(c) waiver programs in 2019, according to a report released Friday by the Centers for Medicare...
Lingering pandemic-related costs slow operating margin growth: NIC
By
Kimberly Bonvissuto
Mar 11, 2022
As occupancy recovery in senior living continues and the pandemic eases, increasing operating expenses may limit the growth of operating margins in the next six months, according to the National Investment...
With worst of pandemic in rearview mirror, LTC focuses on growth: CEO
By
Kimberly Bonvissuto
Aug 01, 2022
Confident that much of the “angst” that LTC Properties experienced during the pandemic is now “in the rearview mirror,” Wendy Simpson, chairman and CEO of the Westlake Village, CA, real estate...
Senior living operator’s 4-day work week pilot results in significant jump in job applications
By
Kimberly Bonvissuto
Feb 02, 2023
When two Wisconsin senior living communities announced that they were participating in a four-day work week pilot, job applications jumped significantly and jobs that had been open for an extended period...
‘Tripledemic’ is hurting census growth: NIC
By
Kimberly Bonvissuto
Dec 19, 2022
The pace of move-ins in senior housing and care organizations continued to hold steady, but a “triplememic” of viral respiratory infections is creating a disconnect between move-in rates and higher...
Assisted living benefits hold steady, while sign-on bonuses lose luster
By
Kimberly Bonvissuto
Jan 27, 2023
Most respondents to a new assisted living salary and benefits survey indicated that they provide fringe benefits to employees, although the size of and eligibility for those benefits varies widely by region.
AlerisLife looks to expand business lines in new year: CEO
By
Kimberly Bonvissuto
Feb 25, 2022
Ringing in the new year with a new name, AlerisLife marked the fourth quarter of 2021 and first quarter of 2022 with new collaborations and partnerships that executives said were aimed at enhancing the...
Senior living coalition calls on Congress to address workforce crisis
By
Kimberly Bonvissuto
Oct 20, 2022
A coalition of senior living advocacy groups is calling on congressional leaders to build and train the workforce needed now — and into the future — to care for the nation’s rapidly growing aging...