Alzheimer’s cure would result in assisted living losses of $16 billion in annual revenues, 110,000...
By
Lois A. Bowers
Sep 17, 2019
A “novel, simple and fast-acting” cure for Alzheimer’s disease would be a “medical miracle” but would result in a loss of $16.3 billion in annual revenues for the assisted living industry, according...
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...
Alzheimer’s Association calls for federal involvement to increase dementia care workforce, training...
By
Lois A. Bowers
Jan 29, 2024
“Congress should consider the steps it can take at the federal level, including expanding the necessary workforce and improving dementia training standards and access,” as part of efforts to “help...
Senior living groups oppose proposed overtime rule
By
Lois A. Bowers
Sep 08, 2015
Several organizations representing senior living providers have told the U.S. Department of Labor that they oppose a proposed rule that would extend Fair Labor Standards Act overtime protections to almost...
76 more assisted living directors obtain credential
Jul 31, 2017
Seventy-six additional senior living professionals have earned the certified director of assisted living, or CDAL, credential, the Senior Living Certification Commission announced Monday.
Assisted living director pay tops $73,000 in CCRCs, survey finds
By
Lois A. Bowers
Jul 09, 2018
Pay for directors of assisted living/personal care who work in continuing care retirement communities averaged $73,938 in 2018, according to the “Continuing Care Retirement Community Salary & Benefits...
A $60 million lawsuit alleging understaffing and fraudulent billing at 45 senior living communities in North Carolina “is an erroneous interpretation of Medicaid reimbursement in the state,”...
Drug disposal rule sets up providers for noncompliance, groups say
By
Lois A. Bowers
Jan 05, 2016
The government’s apparent lack of understanding about the differing characteristics among senior living settings could put some providers “perpetually in noncompliance” with a proposed...
3 big challenges for senior living
By
Lois A. Bowers
Dec 15, 2023
As McKnight’s Senior Living marks its 20th anniversary, what’s ahead for senior living? John O’Connor, editorial director, vice president and associate publisher, said he sees three major challenges...
Quality, safety, accountability vital, industry leaders say, as Washington Post report cites deaths at...
By
Lois A. Bowers
Dec 18, 2023
Senior living industry leaders stressed their belief in the importance of quality, safety and accountability Sunday in response to a package of articles in the Washington Post titled “Memory Inc.,”...