Genesis announces restructuring, voluntarily delists from NYSE
By
Amy Novotney
Mar 04, 2021
Genesis HealthCare will institute a three-part plan to improve its financial metrics and cut debt by $236 million, the company announced Wednesday. The plan includes a voluntary delisting from the New...
New law gives funding boost to affordable assisted living program
By
Kimberly Bonvissuto
Jun 02, 2022
An Illinois nursing home reform bill signed into law this week includes funding for a supportive living alternative that is part of the continuum of care offered by some senior living providers.
Assisted living community makes a business case to add skilled nursing
By
Lois A. Bowers
Jul 23, 2018
At a time when many senior living community owners and operators are reducing their number of skilled nursing beds and many investors are shying away from the property type, one Texas assisted living community...
Assisted living rate increase grows 4.65 percent — more than skilled nursing but less than home care
By
Lois A. Bowers
Feb 17, 2022
The annual median rate in assisted living increased nationally by 4.65% in 2021, according to the results of Genworth’s 18th annual Cost of Care Survey, released Wednesday.
Assisted living communities should be integrated into greater community, report recommends
By
Kimberly Bonvissuto
Sep 08, 2022
Assisted living communities and other congregate care settings are “vital” and should be more fully integrated into surrounding communities through short-term respite care, adult day services, and...
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...
SNH: Five Star initiatives will address CCRC challenges
By
Lois A. Bowers
Mar 01, 2018
Weaker performance in skilled nursing operations at Five Star Senior Living CCRCs “heavily influenced” a decline in rent coverage in a Senior Housing Properties Trust portfolio, said the REIT’s...
Senior living can and must do better
By
John O'Connor
Sep 09, 2021
If senior living wants to avoid the poor reputation so prevalent across skilled care, it must get serious about keeping its house in order. The most obvious way to do this is a two-step approach.