McKnight’s Spirit Awards to go to 4 inspirational women in long-term care
By
Adam Healy
Josh Henreckson
Foster Stubbs
Lois A. Bowers
Feb 22, 2024
Four women have been chosen as the third class of Spirit Award winners as part of the 2024 McKnight’s Women of Distinction program.
Current federal efforts targeting care economy ‘miss the mark,’ industry advocates say
By
Kimberly Bonvissuto
Apr 10, 2024
As a kickoff to Caregivers Month, President Biden spoke Tuesday about the “care economy” at Washington, DC’s Union Station, celebrating the contributions of care workers across the country. Senior...
‘Remarkable turnaround’ in demand boosts occupancy, rent growth
By
Lois A. Bowers
Nov 27, 2023
A “remarkable turnaround” in demand for senior living is benefiting occupancy rates and rent growth, according to a new report from Marcus & Millichap.
Digital devices increasingly popular among adults of all ages, but oldest still prefer TV for news
By
Lois A. Bowers
Nov 28, 2023
Adults of all ages increasingly are accessing news content on digital devices, but the oldest adults still prefer television for this purpose, according to the newly released results of a survey by the...
Life Care Services captures top scores in J.D. Power’s 2023 Senior Living Satisfaction Study
By
Kimberly Bonvissuto
Nov 15, 2023
Life Care Services has the highest overall satisfaction scores among assisted living, memory care and independent living providers in the J.D. Power 2023 US Senior Living Satisfaction Study. Results were...
Operators plan lower fee increases despite costs that remain elevated
By
Kimberly Bonvissuto
Oct 06, 2023
The high monthly resident fees introduced by senior living operators in the wake of the COVID-19 pandemic are starting to taper off, but that doesn’t mean costs are coming down, according to results...
Occupancy, rate growth fueling expected future double-digit growth for Welltower
By
Kimberly Bonvissuto
Aug 02, 2023
Welltower is at the cusp of multi-year, double-digit growth due to occupancy gains, rate growth and lower operating expenses, according to CEO Shankh Mitra.
Provider actions can help assisted living counter ‘great scrutiny’
By
Kimberly Bonvissuto
Feb 29, 2024
The assisted living model is “under threat” following increased federal scrutiny and negative attention from lay media outlets, but providers can take steps to educate lawmakers and the public about...
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...
Senior living referral site accused of using manipulated reviews, listing communities providing substandard...
By
Kimberly Bonvissuto
May 17, 2024
A Washington Post analysis says that A Place for Mom recommends communities that have been cited and uses reviews that have been manipulated.