Fundamentals make it easy to get excited about senior living, expert says
By
Kimberly Bonvissuto
Mar 18, 2024
With solid demand, increasing occupancy and reduced supply, the underlying fundamentals driving top-line revenue growth in senior living are good, making it difficult not to get excited about the sector...
More news for Monday, March 18
By
Kimberly Bonvissuto
Mar 18, 2024
Invesque continues to sell SNFs in shift to predominantly private-pay properties … Assisted living, healthcare settings account for more than half of US waterborne disease exposures … CMS releases...
Launch of healthcare company part of ‘natural evolution’ of caring for senior living residents
By
Kimberly Bonvissuto
Mar 15, 2024
In what one senior living developer is calling a “natural evolution” in its business of caring for older adults, a new healthcare company has been launched to bridge the gap between traditional medical...
Senior living provider groups ‘cautious’ about Indiana legislative agenda
By
Kimberly Bonvissuto
Mar 15, 2024
Although appreciative of a commitment to older adults, Indiana’s senior living industry has some concerns about at least one aspect of the state’s legislative agenda for the year.
Tech proactively addresses health risks in residents while creating new revenue streams
By
Kimberly Bonvissuto
Mar 15, 2024
A collaboration between a digital care technology company and a rehabilitation provider is proactively addressing health risks in senior living residents and providing downstream cost savings.
Leverage philanthropy or miss out, Asbury exec advises as $60M campaign begins
By
Kimberly Bonvissuto
Mar 14, 2024
JD Shuman is hoping other senior living providers can learn from the experience of Asbury Communities and the Asbury Foundation in using philanthropic programs to meet key goals and differentiate offerings...
Assisted living sees 1.4 percent rate increase, lower than all other long-term care settings
By
Kimberly Bonvissuto
Mar 13, 2024
Although rate increases in assisted living communities were relatively low last year, increasing by 1.4% over 2022, those rates went up by 18.9% in total from 2021 to 2023, according to Genworth’s Cost...
Workforce innovations help senior living operators manage increasing demand
By
Kimberly Bonvissuto
Mar 13, 2024
A new report spotlighting workforce challenges in long-term care facilities found that 85% of assisted living operators said they employees are burned out or stressed, leading 96% to identify employee...
Lynn Hood to receive 2024 McKnight’s Women of Distinction Lifetime Achievement Award
By
James M. Berklan
Mar 12, 2024
Lynn Hood, a long-term care executive well-known for answering the call to act under emergency conditions in addition to being a champion of employees, has been chosen as this year’s Lifetime Achievement...
New campaign, resources aim to ‘take control’ of assisted living narrative
By
Kimberly Bonvissuto
Mar 12, 2024
A new Argentum campaign aims to amplify voices in assisted living by sharing stories and information about the sector’s contributions to caring for older adults.