New continuing care retirement community The Spires at Berry College in Rome, GA, has been welcoming residents in stages since June. The setting is of “tremendous value,” even — or especially...
NIC: Assisted living occupancy rate strongest in 2 years at 85.7 percent in fourth quarter
By
Lois A. Bowers
Jan 10, 2020
Assisted living occupancy increased to 85.7% in the fourth quarter of 2019, up from a recent record low of 85.1% earlier in the year as demand outpaced new inventory growth, according to data released...
CMS: Aging population a big driver of annual growth in national healthcare spending
By
Lois A. Bowers
Feb 15, 2018
Enrollment shifts from private health insurance to Medicare as baby boomers continue to age into the program will help drive average annual growth of 5.5% in national health spending and enrollment from...
Opportunities await beyond near-term challenges
By
Lois A. Bowers
Sep 11, 2019
Recent news is enough to cause any operator, developer or investor to reach for the aspirin. A look at data from the National Investment Center for Seniors Housing & Care, as well as discussions with experts...
AHCA / NCAL, AMDA blast ‘short-sighted’ plans to discharge people with COVID-19 from hospitals to...
By
Lois A. Bowers
Mar 30, 2020
“The question all state officials must consider is whether the risk of introducing a virus with an estimated 30% or higher mortality rate into a nursing home or assisted living community outweighs...
CMS proposal would be ‘major financial burden’ for CCRCs, residents, organizations say
By
Lois A. Bowers
Jan 17, 2020
A Centers for Medicare & Medicaid Services regulation effectively proposing new Medicaid taxes could “lead to a major financial burden” for continuing care retirement communities and residents —...
Independent living administrators in CCRCs see 1.43% salary increase, survey reveals
By
Lois A. Bowers
Jul 18, 2018
Independent lining administrators in CCRCs saw an average pay increase of 1.43% in 2018, according to the “Continuing Care Retirement Community Salary & Benefits Report 2018-2019” issued by...
Dementia care managers in CCRCs see 2.75% bump in pay, survey says
By
Lois A. Bowers
Jul 12, 2018
Memory care unit managers in continuing care retirement communities, also known as life plan communities, saw an average pay increase of 2.75% in 2018, according to the “Continuing Care Retirement...
4 disruptors facing senior living operators
By
Lois A. Bowers
Jun 08, 2018
Some senior living operators risk being overwhelmed by the pace of change in the industry, meaning that there is “tremendous potential for disruption,” according to the authors of a new white...
More CCRCs part of larger systems now, Ziegler says
By
Lois A. Bowers
May 25, 2018
Life plan communities have become more likely to be part of larger systems and slightly less likely to be sponsored by a not-for-profit organization over the past several years, according to specialty...