Argentum has formed the Senior Living Certification Commission, which will oversee its first testing program in 2016.
Good news on the assisted living employment front
By
Lois A. Bowers
Mar 06, 2023
Good news for assisted living operators is that, according to Bureau of Labor Statistics data, employment in the sector has returned to pre-pandemic levels. But…
Largest senior living providers in 2017 named by Argentum
By
Lois A. Bowers
Nov 15, 2017
This year’s list features 115 companies with a total of almost 550,000 independent living, assisted living and memory care units.
PharMerica to go private in $1.4 billion deal as it looks to ‘aggressively compete’ for assisted...
By
Lois A. Bowers
Aug 02, 2017
PharMerica Corp. says that its $1.4 billion acquisition by a newly formed company controlled by global investment firm KKR, with Walgreens Boots Alliance as a minority investor, will provide additional...
Investors excited about independent and assisted living: report
By
Lois A. Bowers
Jan 05, 2018
Investors this year will be most attracted to “lifestyle-focused” segments of seniors housing, including one that may surprise some, according to a new report from commercial real estate services...
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...
Medicaid Access Rule review completed by White House
By
Lois A. Bowers
Apr 16, 2024
A proposed federal rule establishing mandatory quality measures for home- and community-based services and requiring providers to allocate 80% of HCBS payments to direct care worker pay is one step closer...
How communities are addressing staff turnover, vacancies
By
Lois A. Bowers
Jan 26, 2016
A new report shares the actions being taken by assisted living communities to recruit and retain staff. Some positions provide more of a challenge than others.
Assisted, independent living ‘critical part’ of Ensign’s success in fourth quarter,...
By
Lois A. Bowers
Feb 12, 2018
The Ensign Group saw the highest adjusted earnings per share in its history in the fourth quarter of 2017, and assisted living and independent living had much to do with it, Ensign President, CEO and Director...
Where turnover is highest, lowest in assisted living
By
Lois A. Bowers
Jan 24, 2017
A new report reveals which positions in assisted living communities saw the greatest and least turnover last year and whether the rate increased, decreased or stayed the same over the past 12 months.