Assisted living needs to be part of enhanced Medicaid HCBS program, industry advocates say
By
Kimberly Bonvissuto
Jan 30, 2023
A proposal calling for permanent enhanced federal funding to states to expand the Medicaid home- and community-based services program needs to go a step further to emphasize the benefits of assisted living,...
Occupancy and profitability recovery a mixed bag for senior living: panel
By
Kimberly Bonvissuto
Aug 04, 2022
Senior living occupancy and profitability recovery have shown mixed results since the pandemic hit, said a panel of experts during an Argentum webinar Wednesday.
Up to 80 percent of older adults unable to afford 4 years of assisted living: study
By
Kimberly Bonvissuto
Apr 20, 2023
Up to 80% of older adults have modest assets and would be unable to afford four years in an assisted living community or more than two years of nursing home care, according to a new study.
Proposed overtime rule is ‘bad policy’ that senior living providers cannot absorb, groups say
By
Kimberly Bonvissuto
Nov 09, 2023
A new overtime rule proposed by the federal government would worsen workforce issues for senior living providers and create unintended consequences for workers and residents, according to industry advocacy...
Medicaid a major challenge to providing affordable assisted living, NCAL says
By
Kimberly Bonvissuto
Mar 30, 2023
The Medicaid program is one of the major challenges to the provision of affordable assisted living, according to a new white paper from the National Center for Assisted Living. At issue, according to the...
Senior living occupancy up for fourth consecutive quarter: NIC
By
Kimberly Bonvissuto
Jul 07, 2022
Senior living (independent living and assisted living combined) occupancy in the second quarter increased for the fourth quarter in a row, a positive sign for sector recovery, the National Investment Center...
Assisted living sees 1.4 percent rate increase, lower than all other long-term care settings
By
Kimberly Bonvissuto
Mar 13, 2024
Although rate increases in assisted living communities were relatively low last year, increasing by 1.4% over 2022, those rates went up by 18.9% in total from 2021 to 2023, according to Genworth’s Cost...
‘Rich opportunities, daunting challenges’ ahead for senior living: report
By
Kimberly Bonvissuto
Feb 08, 2024
2024 will bring both “rich opportunities” and “daunting challenges” as senior living takes “two steps forward and one back,” according to a new Argentum industry forecast report.
‘This is what we have been waiting for’: Ventas CEO
By
Kimberly Bonvissuto
Nov 07, 2022
Reporting sustained — and accelerating — growth in the real estate investment trust’s senior housing business, Ventas Chairman and CEO Debra Cafaro said Friday during a third-quarter earnings call...
Cementing senior living’s role in care continuum key focus area for NIC
By
Kimberly Bonvissuto
Mar 03, 2023
SAN DIEGO — Senior living is part of the continuum of care. The theme of the National Investment Center for Seniors Housing & Care Spring Conference echoed throughout Thursday’s sessions taking a look...