5 prospect concerns and the opportunities they present
By
Lois A. Bowers
Aug 14, 2023
A new report details five “critical concerns” that could be keeping prospective senior living residents from moving in.
Good news on the assisted living employment front
By
Lois A. Bowers
Mar 06, 2023
Good news for assisted living operators is that, according to Bureau of Labor Statistics data, employment in the sector has returned to pre-pandemic levels. But…
Two-thirds of those 50+ anxious about assisted living affordability: survey
By
Lois A. Bowers
Nov 27, 2023
Two-thirds (66%) of Americans aged 50 or more years participating in a recent poll said they are “mostly” or “somewhat” anxious about being able to afford the cost of an assisted living community...
A big lump of coal … and an opportunity
By
Lois A. Bowers
Dec 18, 2023
Christmas came early for the senior living field on Sunday, when providers collectively found a big lump of coal in the industry stocking. But that stocking also contains an opportunity.
Assisted living rates up 0.6 to 3.8 percent
By
Lois A. Bowers
Mar 29, 2024
Average assisted living community rates increased between 0.6 and 3.8% in 2023 nationally, depending on room type, according to illumifin, an administration and claims solution provider for long-term care...
CMS changes quality measure set for home- and community-based services
By
Lois A. Bowers
Apr 15, 2024
The Centers for Medicare & Medicaid Services announced changes to the quality measure set for home- and community-based services and described reporting requirements for Money Follows the Person grant...
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...
More than 6 years later, GAO still looking for CMS to act on assisted living recommendation
By
Lois A. Bowers
Mar 19, 2024
The Centers for Medicare & Medicaid Services still has not taken action on a recommendation made by the US Government Accountability Office in a January 2018 report on assisted living, the GAO said in...
MFCU efforts result in 20 convictions, $9.41 million in recoveries related to assisted living in FY 2023:...
By
Lois A. Bowers
Mar 18, 2024
Efforts by state Medicaid Fraud Control Units resulted in a total of 20 criminal convictions and $9.41 million in criminal case recoveries related to assisted living in fiscal year 2023, according to a...
Assisted living CEO salaries up 2 percent
By
Lois A. Bowers
Jan 24, 2024
Average salaries for assisted living community presidents/CEOs across the country increased 2% over the past year, up from the 1.33% increase that the executives received in the previous year but down...