Black and Hispanic older adults in ‘Forgotten Middle’ are ‘worst off’
By
Lois A. Bowers
Feb 16, 2024
Trends in home ownership and equity, income, health and other issues indicate that millions of middle-income Black, Hispanic or rural older adults may not have the financial resources they need to pay...
More news for Monday, Feb. 5
By
Kimberly Bonvissuto
Feb 05, 2024
Takeaways from NIC MAP’s fourth-quarter fundamentals release … Use of Medicaid wraparound services by dually eligible individuals varies by service, state … StartUp Health launches global Alzheimer’s...
Innovative opportunities to serve the middle market are waiting: panel
By
Kimberly Bonvissuto
Feb 02, 2024
The time has come for the senior housing and care sector to figure out how to scale housing and services to meet the needs of the growing market of middle-income older adults, a panel of experts said Thursday.
‘Profound’ financial, workforce challenges persist for senior living providers as 2024 begins
By
Lois A. Bowers
Jan 02, 2024
Senior living operators will continue to face inflationary pressures and capital market challenges in 2024, but some effects may lessen before the year is out, according to senior living industry experts....
Business briefs, Dec. 14
By
Kathleen Steele Gaivin
Dec 14, 2023
Senior living occupancy on brink of 10 quarters of positive growth … Plenty of space and still a ‘tight squeeze’ for new construction in skilled nursing … Fitch Ratings downgrades Morningside...
Federal, lender support needed for assisted living operators to lower rates, leader says
By
Lois A. Bowers
Nov 21, 2023
Financial support from the federal government and private lenders would be required to lower assisted living rates, National Center for Assisted Living Executive Director LaShuan Bethea told the New York...
Skilled nursing occupancy tops 82 percent for first time since April 2020
By
Kathleen Steele Gaivin
Nov 07, 2023
Skilled nursing occupancy is up 142 basis points year over year as of the end of August. Occupancy reached 82.3% in August, topping 82% for the first time since April 2020, according to the latest Skilled...
Integrating housing and healthcare to stimulate move-ins and margins
By
Kimberly Bonvissuto
Oct 27, 2023
CHICAGO — For decades, the senior housing industry catered to the business of wants, building on lessons from the hospitality industry in offering comfort, ease and fun. But only 10% of Americans have...
‘Unique’ senior living workforce challenges have 3 solutions, former Speaker Paul Ryan says
By
Lois A. Bowers
Oct 25, 2023
CHICAGO — Three keys to solving workforce shortages in senior living and skilled nursing are changes to the country’s social safety net, reforms to immigration policies, and the use of technology,...
Skilled nursing occupancy holds steady as providers face expense pressures: NIC
By
Kathleen Steele Gaivin
Oct 02, 2023
Occupancy among skilled nursing facilities held steady in July overall, after increasing in June, according to the latest Skilled Nursing Monthly Report, released Thursday by NIC MAP Vision.