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...
Exaggerating occupancy could hurt sales, marketing expert says
By
Kimberly Bonvissuto
Aug 08, 2023
It’s crunch time for senior living operators looking to increase occupancy, but exaggerating occupancy levels may end up cultivating negativity from prospective residents rather than snagging sales,...
Medicaid a major challenge to providing affordable assisted living, NCAL says
By
Kimberly Bonvissuto
Mar 30, 2023
The Medicaid program is one of the major challenges to the provision of affordable assisted living, according to a new white paper from the National Center for Assisted Living. At issue, according to the...
‘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....
Resident falls account for 75 percent of insurance claims with payment in senior living
By
Kimberly Bonvissuto
Mar 06, 2023
Resident falls claims continue to be the primary insurance loss driver for senior living providers, according to a new report.
15 and fit: An operator’s perspective on 15 years in senior living
By
Shelley Esden
May 01, 2023
Older Americans will soon outnumber their children — something that will change the face of senior living and change the world in ways we have yet to imagine.
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...
Provider groups back reintroduced bill expanding veterans’ access to assisted living
By
Kimberly Bonvissuto
Feb 27, 2023
After going nowhere in the last Congress, a bill expanding veterans’ access to assisted living has been reintroduced in this Congress, with backing from all four main trade associations representing...
Business of long-term care ‘has never been worse’ as occupancy, staffing challenges continue
By
Kimberly Bonvissuto
Oct 12, 2022
NASHVILLE, TN — With the clinical issues of COVID-19 largely behind the long-term care industry, the business side “has never been worse,” according to American Health Care Association / National...
Senior living ‘on the precipice of this defining moment,’ Argentum CEO says
By
Kimberly Bonvissuto
Apr 30, 2024
The senior living industry sits “on the precipice of this defining moment with significant challenges but also tremendous opportunities” to tell its story and help millions of older adults “live...