Up to 80 percent of older adults unable to afford 4 years of assisted living: study
By
Kimberly Bonvissuto
Apr 20, 2023
Up to 80% of older adults have modest assets and would be unable to afford four years in an assisted living community or more than two years of nursing home care, according to a new study.
Federal efforts to strengthen care economy fall short for senior living, advocates say
By
Kimberly Bonvissuto
Apr 19, 2023
President Biden’s executive order on strengthening the care economy, although well-intentioned, does not offer adequate solutions for long-term care in part because it does not support assisted living...
Top trends in senior living include organizational readiness, operational strategies
By
Kimberly Bonvissuto
Apr 05, 2023
Organizational readiness, and operational and reimbursement strategies, are themes emerging for the year for financial discussions among senior living and care operators.
Sonida CEO ‘very confident’ about company’s future despite issuing notice of ‘substantial doubt’
By
Lois A. Bowers
Mar 31, 2023
Sonida Senior Living has “substantial doubt about our ability to continue as a going concern,” the company reported Thursday, but executives also expressed optimism about the company’s future.
Medicaid a major challenge to providing affordable assisted living, NCAL says
By
Kimberly Bonvissuto
Mar 30, 2023
The Medicaid program is one of the major challenges to the provision of affordable assisted living, according to a new white paper from the National Center for Assisted Living. At issue, according to the...
Senior living industry tells federal lawmakers of ‘unprecedented’ financial issues
By
Kimberly Bonvissuto
Mar 27, 2023
A recent House hearing on healthcare inflation drew no shortage of comments from groups including the senior living industry sharing experiences with escalating costs.
Cementing senior living’s role in care continuum key focus area for NIC
By
Kimberly Bonvissuto
Mar 03, 2023
SAN DIEGO — Senior living is part of the continuum of care. The theme of the National Investment Center for Seniors Housing & Care Spring Conference echoed throughout Thursday’s sessions taking a look...
Brookdale doubles down on focus on workforce, occupancy, trust to continue recovery, growth
By
Kimberly Bonvissuto
Feb 23, 2023
Brookdale Senior Living plans to tighten its focus on workforce, occupancy, and resident and family trust as it maintains its strategic priorities into 2023, President and CEO Lucinda “Cindy” Baier...
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,...
NHI continues portfolio optimization efforts with focus on return to growth
By
Kimberly Bonvissuto
Nov 10, 2022
With third-quarter results ahead of expectations, National Health Investors President and CEO Eric Mendelsohn said Wednesday during an earnings call that the company’s long-term optimism for the industry...