Challenge for senior living: Move from ‘siloed to seamless,’ NIC founder says
By
Kathleen Steele Gaivin
Dec 13, 2022
A final driver shaping the future of senior living is “moving from siloed to seamless,” National Investment Center for Seniors Housing & Care founder and strategic adviser Robert Kramer wrote in the...
Pace of move-ins remains steady for AL but declines for IL, SNFs: NIC
By
Kathleen Steele Gaivin
Jul 29, 2022
Throughout July, the pace of move-ins remained steady for assisted living communities (50%) but declined for independent living communities (31%) and nursing care homes (29%). That’s according to the...
Senior living poised to become ‘darling child’ of real estate, expert says
By
Kathleen Steele Gaivin
Oct 06, 2023
The senior living sector is poised for recovery over the next 12 to 18 months, according to Aron Will, CBRE’s vice chair and co-head of National Senior Housing Practice Capital Markets. In fact, he said,...
Resident advocates call for reforms after announced closing of assisted living community
By
Kathleen Steele Gaivin
Apr 28, 2022
The impending closure of a Beverly, MA, assisted living community highlights the need for additional regulations to protect assisted living residents, according to advocates for older adults in the state.
Occupancy increases for assisted living, nursing homes; decreases for memory care: NIC
By
Kathleen Steele Gaivin
Jan 14, 2022
Assisted living and nursing homes occupancy is on the rise, but memory care communities are seeing declining occupancy, according to the latest NIC Executive Survey Insights report released Thursday.
Competition drives Medicare Advantage plans to expand nonmonetary benefits, which can save LTC providers...
By
Kathleen Steele Gaivin
Jan 21, 2022
The number of Medicare Advantage insurers has doubled over the past year, leading to expanded coverage beyond medical needs, according to a report released Wednesday from ATI Advisory. The nonmonetary...
OSHA doubles down on long-term care workplace inspections
By
Kathleen Steele Gaivin
Mar 10, 2022
The Occupational Safety and Health Administration from March 9 to June 9 will devote 15% of all of its workplace inspections per region to nursing homes, assisted living communities and hospitals that...
$10 billion bipartisan bill aims to address financial losses, workforce shortages in assisted living
By
Kathleen Steele Gaivin
Jan 31, 2022
Assisted living providers would receive $10 billion in funding to help them recover from pandemic-related financial and workforce challenges if a bipartisan bill introduced Thursday by U.S. Reps. Lori...
Lawsuit claims operator failed to protect cognitively impaired resident from sexual assault
By
Kathleen Steele Gaivin
Dec 10, 2021
A lawsuit filed by “Jane Doe” through her guardian Carol Smith names Assisted Living by Hillcrest LLC and West Bend Mutual Insurance as defendants for allegedly failing to protect Doe — a resident...
7 percent of long-term care municipal bonds are in default: report
By
Kathleen Steele Gaivin
May 24, 2023
Seven percent of senior living and care-related municipal bonds are in default, compared with a default rate of less than 1% for all state and local government debt, Bloomberg reported Monday.