Year-over-year costs for assisted living rose just 0.8% from 2015 to 2016, according to Genworth’s latest Cost of Care Study, but the picture doesn’t look as rosy when one takes the long view.
What’s next after NIC for Brian Jurutka
By
Lois A. Bowers
Aug 14, 2023
Brian Jurutka, former president and CEO of the National Investment Center for Seniors Housing & Care, has started a new chapter in his career, and it’s one that will enable him to continue to use data...
‘Profound’ financial, workforce challenges persist for senior living providers as 2024 begins
By
Lois A. Bowers
Jan 02, 2024
Senior living operators will continue to face inflationary pressures and capital market challenges in 2024, but some effects may lessen before the year is out, according to senior living industry experts....
5 items for senior living’s 2022 to-do list
By
Lois A. Bowers
Jan 10, 2022
The leaders of five organizations active in the senior living space recently shared with me their insights on the biggest challenges facing the industry. Culled from their comments is a list of action...
Affordable seniors housing owners, residents benefit from legislation
By
Lois A. Bowers
Jul 19, 2016
A bill that would benefit owners and residents of affordable seniors housing is headed toward President Barack Obama’s desk, and two more are being considered in the Senate.
California operator braces for planned $15 minimum wage
By
Lois A. Bowers
Mar 29, 2016
One of California’s largest senior living operators is planning changes in the wake of Gov. Jerry Brown’s March 28 announcement of a deal that will make the Golden State the first to commit...
Senior living association recommends overtime changes to Labor Department
By
Lois A. Bowers
Oct 02, 2017
The Labor Department should base increases in the minimum salary threshold used to determine overtime pay on the 20th percentile for salaried employees in the lowest paid geographic region of the country,...
Sabra looking forward to ‘fun part’ now that CCP merger is approved
By
Lois A. Bowers
Aug 16, 2017
Sabra Health Care REIT will continue efforts to diversify its asset base now that its merger with skilled nursing-focused Care Capital Properties has been approved by the boards of both companies, the...
Criminal recoveries for Medicaid fraud in assisted living top $1 million again due to case discovered...
By
Lois A. Bowers
Apr 08, 2021
Fallout from a Medicaid fraud case discovered because of a murder at an assisted living community had an outsized effect on fraud-related criminal monetary recoveries by state Medicaid Fraud Control Units...
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...