Proposed overtime rule is ‘bad policy’ that senior living providers cannot absorb, groups say
By
Kimberly Bonvissuto
Nov 09, 2023
A new overtime rule proposed by the federal government would worsen workforce issues for senior living providers and create unintended consequences for workers and residents, according to industry advocacy...
LTC Properties heads into 2024 on a positive note with continued industry recovery
By
Kimberly Bonvissuto
Oct 30, 2023
The third quarter was a productive one for LTC Properties, as it worked through some previously identified challenges and made progress on its goals, according to Chairman and CEO Wendy Simpson.
Operators plan lower fee increases despite costs that remain elevated
By
Kimberly Bonvissuto
Oct 06, 2023
The high monthly resident fees introduced by senior living operators in the wake of the COVID-19 pandemic are starting to taper off, but that doesn’t mean costs are coming down, according to results...
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...
Online tool could help older adults age in setting of their choice
By
Kimberly Bonvissuto
Sep 22, 2023
Aging in America is difficult for some older adults, who can face an array of challenges that include housing, healthcare and food insecurity, along with outdated policies that contribute to increasing...
Proposed legislation has dual benefits for older adults, long-term care workforces
By
Kimberly Bonvissuto
Aug 22, 2023
A bill that would remove a barrier to re-entry into the workforce by early retirees could also be a big win for a senior living sector looking to rebuild its workforce in the wake of the COVID-19 pandemic.
Sonida experiences ‘pivotal’ second quarter in continuing effort to rebuild
By
Kimberly Bonvissuto
Aug 15, 2023
In a “pivotal” second quarter, Dallas-based Sonida Senior Living saw occupancy “surpass industry averages” from early 2023, an aggressive resident rate push and expenses moderate against a backdrop...
Assisted living accounts for plurality of acquisitions in second quarter
By
Kimberly Bonvissuto
Jul 18, 2023
Assisted living accounted for 42% of the publicly announced senior living and care acquisitions in the second quarter, according to newly released data from LevinPro LTC. The percentage was equal to the...
RIP PRF: Debt ceiling deal effectively ends pandemic relief program with billions unspent
By
Kimberly Bonvissuto
Jun 09, 2023
The bipartisan debt ceiling deal has officially signaled the death knell for the Provider Relief Fund, with billions in funds that potentially could have assisted senior living and other long-term care...
Senior living has ‘lots to watch’ during debt deal negotiations
By
Kimberly Bonvissuto
Jun 01, 2023
As Democrats and Republicans continued work toward passing a debt ceiling deal, the senior living industry is waiting to see how some provisions could affect providers.