New partnership aims to ‘transform’ senior living through real estate, care, tech
By
Kimberly Bonvissuto
Sep 28, 2023
A Brentwood, TN, assisted living and memory care community is the launch point for a new partnership that aims to create an innovation center for technology and data solutions for the senior living industry...
Online tool could help older adults age in setting of their choice
By
Kimberly Bonvissuto
Sep 22, 2023
Aging in America is difficult for some older adults, who can face an array of challenges that include housing, healthcare and food insecurity, along with outdated policies that contribute to increasing...
Proposed legislation has dual benefits for older adults, long-term care workforces
By
Kimberly Bonvissuto
Aug 22, 2023
A bill that would remove a barrier to re-entry into the workforce by early retirees could also be a big win for a senior living sector looking to rebuild its workforce in the wake of the COVID-19 pandemic.
Sonida experiences ‘pivotal’ second quarter in continuing effort to rebuild
By
Kimberly Bonvissuto
Aug 15, 2023
In a “pivotal” second quarter, Dallas-based Sonida Senior Living saw occupancy “surpass industry averages” from early 2023, an aggressive resident rate push and expenses moderate against a backdrop...
Assisted living accounts for plurality of acquisitions in second quarter
By
Kimberly Bonvissuto
Jul 18, 2023
Assisted living accounted for 42% of the publicly announced senior living and care acquisitions in the second quarter, according to newly released data from LevinPro LTC. The percentage was equal to the...
RIP PRF: Debt ceiling deal effectively ends pandemic relief program with billions unspent
By
Kimberly Bonvissuto
Jun 09, 2023
The bipartisan debt ceiling deal has officially signaled the death knell for the Provider Relief Fund, with billions in funds that potentially could have assisted senior living and other long-term care...
Senior living has ‘lots to watch’ during debt deal negotiations
By
Kimberly Bonvissuto
Jun 01, 2023
As Democrats and Republicans continued work toward passing a debt ceiling deal, the senior living industry is waiting to see how some provisions could affect providers.
Energy efficiency improvements could help senior living tap into $400 billion in federal funds through...
By
Kimberly Bonvissuto
May 19, 2023
Senior living communities could be able to cash in on energy efficiency improvements through last year’s Inflation Reduction Act.
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.
Federal efforts to strengthen care economy fall short for senior living, advocates say
By
Kimberly Bonvissuto
Apr 19, 2023
President Biden’s executive order on strengthening the care economy, although well-intentioned, does not offer adequate solutions for long-term care in part because it does not support assisted living...