Memory care has ‘strong year,’ but sector still ‘faces challenges’
By
Lois A. Bowers
Apr 19, 2019
Occupancy may be on the way up from the bottom for both stand-alone memory care communities and other memory care units, according to the National Investment Center for Seniors Housing & Care. The sector...
Argentum announces apprenticeship, workforce data service and more
By
Lois A. Bowers
Apr 17, 2019
The first-ever national apprenticeship for nursing assistants and other caregivers in senior living and a new data service to help operators with their staffing plans were among the announcements Tuesday...
Senior housing occupancy stable and ‘moving in the right direction’
By
Lois A. Bowers
Apr 12, 2019
The occupancy rate for senior housing across the United States in the first quarter of 2019 increased 0.1 percentage point from the previous quarter, to 88.1%, according to data released Thursday by the...
‘Headwinds’ cause assisted living per-unit price to fall 16% to $186,400: Report
By
Lois A. Bowers
Apr 11, 2019
Headwinds such as overdevelopment and higher staffing and service costs caused the average price per unit in assisted living communities to fall 16% to $186,400 in 2018, according to a new report.
Elder advocates call for more funding for assisted living
By
Lois A. Bowers
Apr 10, 2019
Minnesota consumer advocates on Tuesday told state legislators to put their money where their mouths are and provide “substantial funding increases” for elder care in addition to bringing their plans...
Five Star agreement is ‘best possible solution’ to financial issues, SNH says
By
Lois A. Bowers
Apr 03, 2019
A new agreement between Five Star Senior Living and Senior Housing Properties Trust (SNH) that converts 261 communities from triple-net leases to a RIDEA structure and gives the real estate investment...
North Dakota could be next state with law regulating cameras in assisted living, nursing homes
By
Lois A. Bowers
Apr 01, 2019
North Dakota inched closer last week to becoming the next state with a law requiring assisted living communities and nursing homes to honor resident requests to use electronic monitoring equipment in their...
3 initiatives will help Five Star improve operations, CEO says
By
Lois A. Bowers
Mar 07, 2019
As Five Star Senior Living executives prioritize finding a long-term solution to the company’s current financial issues, the company also is focused on three initiatives to improve operations in 2019,...
People in the news, March 5
Mar 05, 2019
Appointments and promotions at Atlas Senior Living, Benchmark Senior Living, Bethesda Health Group, Cadence Living, Charter Senior Living, Discovery Senior Living, Eldermark Software, Erickson Living,...
Five Star announcement expected within 60 days, Senior Housing Properties Trust says
By
Lois A. Bowers
Mar 04, 2019
Discussions between Senior Housing Properties Trust and Five Star Senior Living are “actively happening,” and the organizations expect to have an announcement within 60 days about operating and liquidity...