Commitment, smart growth needed for active adult success: experts
By
Kimberly Bonvissuto
Sep 05, 2024
Robust leasing trends and strong demand are creating a prime opportunity for development of active adult rental communities, according to a panel of experts. But challenges exist.
New company, 603Healthcare, assumes management of eight Genesis HealthCare properties
By
Kathleen Steele Gaivin
Sep 04, 2024
603Healthcare has assumed management of eight former Genesis HealthCare-owned senior living and care properties in New Hampshire, 603Healthcare announced Monday.
Semaglutide reduces risk for MACE in patients with obesity and heart failure
By
Haymarket Media
Aug 28, 2024
MACE, heart failure composite end point, cardiovascular death and all-cause death all improved with semaglutide for patients with versus without heart failure.
Ventas selects Sunrise Senior Living to manage Battery Park IL
By
Kathleen Steele Gaivin
Aug 20, 2024
Ventas has selected McLean, VA-based Sunrise Senior Living to manage its Battery Park independent living high-rise community in lower Manhattan. Sunrise will manage the property as it undergoes renovations...
‘Truly miraculous’: Donors rally to save CCRC in receivership
By
Lois A. Bowers
Aug 28, 2024
Dozens of donors have pledged millions of dollars over the past few weeks to acquire and keep open a Colorado CCRC in receivership.
Older workers’ shift in priorities a benefit to employers
By
Kathleen Steele Gaivin
Aug 22, 2024
By the time workers reach around age 60, their priorities often shift, with factors like engaging work and increased autonomy becoming top considerations, according to research from Bain & Company.
Sonida Senior Living to expand footprint via $103 million purchase of 8-community portfolio
By
Kathleen Steele Gaivin
Aug 19, 2024
Sonida Senior Living will acquire eight senior living communities in the Southeast in a $103 million transaction, the Dallas-based owner-operator announced Thursday. The news follows the company’s previous...
Workforce shortages in the healthcare industry are nothing new. But even with creative incentives and initiatives, continuing care retirement / life plan communities continue to struggle to recruit and...
Fitch Ratings finalizes updates to CCRCs rating criteria
By
Kathleen Steele Gaivin
Aug 20, 2024
Fitch Ratings has finalized changes to its ratings criteria for not-for-profit continuing care retirement / life plan communities to better reflect the risk profile for rated communities, the company...
Workforce participation expected to continue to decline, report finds
By
John Roszkowski
Aug 27, 2024
In another troubling sign for the ongoing staffing shortages facing the long-term care industry, a new report finds that US workforce participation among the prime working age population is continuing...