Assisted living needs to be part of enhanced Medicaid HCBS program, industry advocates say
By
Kimberly Bonvissuto
Jan 30, 2023
A proposal calling for permanent enhanced federal funding to states to expand the Medicaid home- and community-based services program needs to go a step further to emphasize the benefits of assisted living,...
COVID, workforce, financial issues confront senior living providers as 2023 starts, leaders say
By
Lois A. Bowers
Jan 03, 2023
Addressing the burnout plaguing existing employees while working to entice others to join the industry will be a focus of providers in 2023.
3Q progress creates ‘strong setup’ for 2023: Welltower CEO
By
Kimberly Bonvissuto
Nov 09, 2022
Despite “flatish” earning trends, driven by headwinds including inflation, interest rates and utility expenses, Welltower CEO and Chief Investment Officer Shankh Mitra said he was pleased with the...
‘This is what we have been waiting for’: Ventas CEO
By
Kimberly Bonvissuto
Nov 07, 2022
Reporting sustained — and accelerating — growth in the real estate investment trust’s senior housing business, Ventas Chairman and CEO Debra Cafaro said Friday during a third-quarter earnings call...
LTC Properties ‘not sitting here waiting’ for Brookdale’s next move, CEO says
By
Lois A. Bowers
Oct 31, 2022
With Brookdale Senior Living’s lease with real estate investment trust LTC Properties up in 2023 and rumors swirling that the Brentwood, TN-based senior living operator is shopping for a buyer, the Westlake...
Business of long-term care ‘has never been worse’ as occupancy, staffing challenges continue
By
Kimberly Bonvissuto
Oct 12, 2022
NASHVILLE, TN — With the clinical issues of COVID-19 largely behind the long-term care industry, the business side “has never been worse,” according to American Health Care Association / National...
Outreach, advocacy, education keys to solving workforce issues, Argentum says
By
Kimberly Bonvissuto
Sep 16, 2022
Heightened outreach, advocacy and education will be keys to addressing workforce shortages in senior living, according to Argentum.
Diversified Healthcare Trust senior living portfolio on path to stabilization: CEO
By
Kimberly Bonvissuto
Aug 05, 2022
Diversified Healthcare Trust’s second-quarter results showed continued and encouraging recovery for the senior living portfolio, President and CEO Jennifer Francis said during Thursday’s earnings call.
Pennsylvania budget delivers ‘lifeline’ of $46.7 million to assisted living providers
By
Kimberly Bonvissuto
Jul 12, 2022
Pennsylvania is delivering an “immediate lifeline” to assisted living and other long-term care providers with a $515 million “historical commitment” to the sectors, according to industry advocates....
Staffing trends study could create roadmap for helping long-term care industry
By
Kimberly Bonvissuto
Jun 23, 2022
The state of Pennsylvania is undertaking a study of staffing trends during the COVID-19 pandemic in an effort to determine how to help the long-term care industry.