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...
Researchers implore policymakers to consider assisted living’s ‘unique’ structure before potentially...
By
Kimberly Bonvissuto
Jun 20, 2024
A team of researchers embarking on a four-year study into understanding the characteristics of assisted living communities that are targets for private equity investment — and how those acquisitions...
Sen. Casey calls out A Place for Mom over ‘potentially deceptive business practices’
By
Kimberly Bonvissuto
Jun 20, 2024
After having its “trusted advisory service” tagline called into question last month by the Washington Post, senior living referral service A Place for Mom now is the target of US Sen. Bob Casey (D-PA),...
Socially connected older adults hit harder by pandemic restrictions than isolated peers, study finds
By
Kimberly Bonvissuto
Jun 18, 2024
Socially connected older adults had a larger drop in quality of life and life satisfaction, and increased feelings of loneliness, during the COVID-19 pandemic than their more isolated counterparts, a new...
‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
Loneliness can have negative consequences for both mental, physical health: studies
By
Kimberly Bonvissuto
Jun 11, 2024
Two newly published studies on loneliness take different approaches to identifying how loneliness affects older adults, but both draw similar conclusions that its negative effects include both mental and...
2 bills make Connecticut a ‘better place to grow old,’ senior living provider groups say
By
Kimberly Bonvissuto
Jun 07, 2024
Two bills signed into law Tuesday address the state of assisted living in Connecticut, including improving transparency, which the senior living industry said will help the state become a “better place...
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.
Updated: 89 Holiday by Atria communities moving to 6 new operators, Welltower says
By
Lois A. Bowers
Jun 03, 2024
Eighty-nine Holiday by Atria communities that are part of the portfolio of Toledo, OH-based real estate investment trust Welltower are transitioning to six other operators, the REIT announced Monday in...