Long-term care pharmacies launch campaign to protect access for residents
By
Kimberly Bonvissuto
Jul 25, 2024
A coalition representing the nation’s long-term care pharmacies is launching a new campaign to raise awareness of the “potentially devastating” consequences of new drug pricing policies on the industry...
Senior living operators navigate complex landscape of challenges, opportunities
By
Kimberly Bonvissuto
Jul 08, 2024
The senior living industry is at an “inflection point” as it navigates a changing landscape that holds the possibility of significant transformation due to shifting demographics, evolving consumer...
Kendal CEO Vassar Byrd discusses Kendal, her previous position and ‘some really fun things’
By
Lois A. Bowers
Jun 24, 2024
New Kendal Corp. CEO Vassar Byrd recently spent a few minutes with McKnight’s Senior Living discussing her professional roles, her love of dragon boat racing, and how the those two worlds could overlap.
It’s a sellers’ market for prospective senior living residents: report
By
Kimberly Bonvissuto
Jun 21, 2024
As home resale values continue to be strong and the time period to sell a home remains short, now is a good time for prospective senior living residents to consider selling their homes, according to a...
Senior living sees slowing rate growth, high discounts in first quarter: NIC
By
Kimberly Bonvissuto
Jun 10, 2024
Inflation, it seems, is catching up with the pace of rate growth in the senior living sector.
Nation unprepared to meet needs of fast-growing older adult population: poll
By
Kimberly Bonvissuto
Jun 07, 2024
The majority of respondents to a recent survey on changing attitudes in healthcare said they have little to no confidence that the nation is ready for the surging older adult population, and most say the...
Assisted living’s ‘fragile’ workforce is under ‘threat’ from SNF staffing rule: NCAL leaders
By
Kimberly Marselas
Jun 04, 2024
Assisted living providers must brace for the impact of increased regulation, experts at the AHCA/NCAL Congressional Briefing warned Monday.
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.
Labor costs, federal scrutiny create distress in senior living and care
By
Kimberly Bonvissuto
May 30, 2024
The major challenges and opportunities facing senior living and care providers include bankruptcy filings, scrutiny of private equity involvement and antitrust concerns in deals.
Senior living market ripe for development, experts say
By
Kimberly Bonvissuto
May 24, 2024
The senior living landscape is ripe for development thanks to market fundamentals, extended construction timelines and growing occupancy, according to experts with the National Investment Center for Seniors...