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...
Increasing personal needs allowance is about ‘dignity’ for residents, lawmakers say
By
Kimberly Bonvissuto
Mar 30, 2023
A bill proposing to double the monthly personal needs allowance for some senior living and other long-term care residents is about “dignity,” according to its sponsors.
Kandu / Bloom divest of skilled nursing facilities to focus on senior living
By
Kathleen Steele Gaivin
Mar 28, 2023
Birmingham, MI-based Bloom Senior Living and Kandu Capital have extricated themselves from their skilled nursing facilities and mental health / psychiatric facilities to focus on their portfolio of independent...
Retirement plan contribution rate decreases
By
Kathleen Steele Gaivin
Mar 28, 2023
Twenty-five percent of Americans with 401(k) retirement accounts closed out 2022 by setting aside just 3% or less of their salaries in those accounts, according to the results of a study by Bank of America....
Senior living industry tells federal lawmakers of ‘unprecedented’ financial issues
By
Kimberly Bonvissuto
Mar 27, 2023
A recent House hearing on healthcare inflation drew no shortage of comments from groups including the senior living industry sharing experiences with escalating costs.
CCRC occupancy performance holds lessons for success: NIC
By
Kimberly Bonvissuto
Mar 24, 2023
The ability of continuing care retirement communities to outperform other care settings and maintain consistently high occupancy rates throughout the COVID-19 pandemic offers lessons for the rest of the...
American Healthcare REIT expands senior housing and care segments by $254 million
By
Kathleen Steele Gaivin
Mar 22, 2023
American Healthcare REIT expanded its portfolio, recast its credit facility and filed a registration statement for a proposed common stock offering in 2022, the Irvine, CA, real estate investment trust...
Sanofi follows Lilly, Novo Nordisk in cutting insulin prices
Mar 17, 2023
Sanofi is the third company to cut prices on its insulin products and cap out-of-pocket charges to $35 a month.
REITs ‘well prepared’ to navigate economic uncertainty: report
By
Kathleen Steele Gaivin
Mar 13, 2023
Real estate investment trusts’ operations remained solid with year-over-year increases in funds from operations and net operating income, according to the National Association of Real Estate Investment...
Brookdale’s year-over-year occupancy up 300 basis points in February
By
Kimberly Bonvissuto
Mar 10, 2023
Brookdale Senior Living reported a year-over-year 300-basis-point boost to its consolidated occupancy for February.