20 states make changes to assisted living regulations, statutes, policies
By
Kimberly Bonvissuto
Jan 11, 2024
Assisted living regulations, statutes and policies in 20 states (31%) were updated between July 1, 2022, and July 1, 2023, according to a new report from the National Center for Assisted Living.
‘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....
Investors predict senior living rent increases of 3 to 7 percent
By
Lois A. Bowers
Jan 02, 2024
Sixty-six percent of respondents to a newly released survey said they expect rental rate increases of 3% to 7% over the next 12 months for active adult, independent living, assisted living and memory care...
Quality, safety, accountability vital, industry leaders say, as Washington Post report cites deaths at...
By
Lois A. Bowers
Dec 18, 2023
Senior living industry leaders stressed their belief in the importance of quality, safety and accountability Sunday in response to a package of articles in the Washington Post titled “Memory Inc.,”...
‘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.
Senior living occupancy continues to be uneven, with assisted living leading recovery
By
Kimberly Bonvissuto
Nov 14, 2023
Senior living occupancy (independent living and assisted living combined) recovery continued to be uneven from August to September, with some markets achieving full recovery and others still working toward...
Senior living occupancy could reach pre-pandemic levels next year: NIC
By
Kimberly Bonvissuto
Oct 05, 2023
Sustained supply-demand trends could drive senior living occupancy rates to return to pre-pandemic levels in 2024, according to NIC MAP Vision and the National Investment Center for Seniors Housing & Care.
As feds claw back PRF payments, assisted living frustrated it ‘lost out’ over mismanagement
By
Kimberly Bonvissuto
Sep 25, 2023
As the federal government continues to claw back misappropriated and unused COVID-19 relief funds, senior living industry advocates remain frustrated that assisted living providers “lost out” on this...
Senior living occupancy on track for 9th consecutive quarterly gain
By
Kathleen Steele Gaivin
Sep 14, 2023
Senior living (independent living and assisted living, including memory care) is “on track for a ninth consecutive quarterly gain, with a half percentage point increase in the first two months of the...
Low wages, part-time work remain barriers to direct care workforce pipeline
By
Kimberly Bonvissuto
Sep 13, 2023
Not much has changed in a year for the direct care workforce, according to a new PHI research report, released Tuesday